Sprint Nextel yesterday reported a $29.45 billion fourth-quarter loss and said legions of subscribers continue to abandon its service, many because they can’t pay their bills.
KANSAS CITY, Mo. — Sprint Nextel Corp. showed more signs Thursday that its recovery will be long and painful as it recorded a massive fourth-quarter loss, predicted continued customer weakness and pulled the plug on paying dividends.
SAN FRANCISCO — Google, already the world’s most popular spot for finding Web sites, is aiming to become the go-to place for creating Web sites too.
LONDON, Feb. 27 — European Union antitrust regulators fined Microsoft $1.3 billion on Wednesday, the largest fine they have ever imposed on a company, in the latest round of a nearly decade-long dispute in which the U.S. software giant was accused of abusing its global market dominance.
The organizer of a federal hearing Monday at Harvard Law School on Comcast’s treatment of subscriber Internet traffic said yesterday that “seat-warmers” hired by the company prevented other people from attending.
