AT&T reports third-quarter earnings Thursday and by all accounts, they should be strong enough, thanks to the sheer size of the company’s footprint and, of course, its exclusive carrier rights to the iPhone.
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Good news for SideKick users bemoaning the backend server failure that wiped out their personal data–and those suing over it. Microsoft says it has recovered most of the data that it initially believed to be permanently lost.
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Apple has finally acknowledged that a bug in its new Snow Leopard operating system can, on rare occasions, result in a catastrophic loss of data. The glitch, which first surfaced in support forums in early September, is triggered by logging in and out of a guest account and wipes the main user account of all data. Clearly, this is not what Apple meant when it claimed the OS would free up as much as seven gigs of space upon installation.
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Cisco CEO John Chambers wasn’t kidding when he said we’d see the company move into a number of new markets via acquisition over the next year. Earlier this year, Cisco acquired Pure Digital, developer of the Flip video camera, for $590 million. Two weeks ago it spent $3 billion on video-conferencing system maker Tandberg. And now it’s purchasing mobile infrastructure outfit Starent Networks for $2.9 billion, or $35 a share.
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What a lousy year this has proven to be for the venture capital industry. According to data released today by the National Venture Capital Association and Thomson Reuters, venture funds raised just $1.6 billion in the third quarter. That’s down 82 percent from a year ago and 21 percent from last quarter.
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Add another voice to the cacophony around net neutrality: Qualcomm’s. Speaking at the CTIA wireless industry conference in San Diego Thursday, Qualcomm CEO Paul Jacobs warned of a looming crisis in wireless capacity and said it must be met with some form of traffic shaping.
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Some 740 billion text messages were sent in the first half of 2009 in the U.S. This according to the CTIA’s semiannual wireless industry survey, which helpfully breaks down that astonishing figure to an even more astonishing 4.1 billion texts per day. That’s about double the number sent during the same period last year.
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Looks like tethering on Apple’s iPhone is still a matter of “when and not if,” as AT&T likes to say. Though the carrier’s decision to allow Internet telephony apps on its 3G network has lead some to speculate that the company will soon allow data tethering as well, that’s not the case. Evidently, there’s still a while to wait until AT&T supports that long-promised feature.
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A complete reversal of its earlier policy restricting Internet telephone services to Wi-Fi only, AT&T’s decision to allow iPhone owners to use such services on its 3G network has gone over well with consumers and with Apple. But it hasn’t gone over well with AT&T investors. Shares in the company slipped on news of the decision yesterday and they’re falling still further today.
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The passing of a year hasn’t much changed Oracle CEO Larry Ellison’s opinion of cloud computing. Remarking on the industry’s sudden fascination with the concept at Oracle OpenWorld last September, Ellison reduced it to a thin sheen of windshield condensation. In conversation with former Sun CEO Ed Zander at a Churchill Club event a little over a year later, Ellison expanded on those remarks, suggesting that if the cloud is anything, it’s a cloud of BS.
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If you’re going to claim in an advertisement that Transaction Processing Council benchmarks show that a hybrid Sun-Oracle server runs faster than a competing product from IBM, it’s probably wise to make sure you have the TPC benchmarks to back up your claim. Not if you’re Oracle, though.
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Get ready for metered broadband. Speaking at the FTTH Conference and Expo in Houston Tuesday, Verizon Communications CTO Richard Lynch said the broadband industry is headed toward a pricing paradigm shift that will see it embrace the usage-based pricing common to the wireless broadband industry.
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AT&T’s iPhone exclusivity deal with Apple is set to expire as early as next year, but that doesn’t necessarily mean it won’t be renewed–despite complaints about the carrier’s network. That’s the word from iSuppli, which predicts Apple will extend its agreement with AT&T because it has no reason not to.
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Apple’s iPhone continues to be AT&T’s marquee handset, though the data-guzzling “Hummer of cellphones,” as the New York Times has dubbed it, has inspired widespread customer dissatisfaction with the carrier’s network. Indeed, according to Piper Jaffray, the iPhone 3G and 3GS are AT&T’s top-selling phones.
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