Magnetic CEO, Alibaba jackpot rejuvenate Yahoo

Not much had been going right for Yahoo until it lured Marissa Mayer away from Google to become its CEO last summer. The move is shaping up as the best thing to happen to Yahoo since 2005 when it invested $1 billion in what ...

FCC unveils rules for rural broadband fund

Federal regulators have unveiled a plan for overhauling the $8 billion fund that subsidizes phone service in rural areas and for the poor. It redirects the money toward broadband expansion.

Pandora loss shrinks as revenue rises

Internet radio firm Pandora on Wednesday reported that its revenue climbed in the recently-ended quarter but that it still lost money due in large part to royalties paid out for songs.

China Mobile 1H profit rises to $9.6 billion

(AP) -- China Mobile Ltd., the world's biggest phone company by subscribers, said Thursday its first-half profit rose 6.3 percent as sales were boosted by greater usage of mobile Internet devices.

Asia to drive mobile broadband Internet access

Broadband-service providers will see their revenue from mobile services jump to 137 billion dollars worldwide by 2014, up 450 percent from 2008, a report said Thursday.

MetroPCS starts unlimited music plan with Rhapsody

(AP) -- MetroPCS Communications Inc., the nation's fifth-largest wireless phone carrier, is jumping into the unlimited music business behind its smaller competitor, Cricket.

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