SoftBank Reports Record $23 Billion Quarterly Loss as Tech Downturn Hits
TOKYO—Japanese technology investor SoftBank 9984 0.74% Group Corp. on Monday reported a record quarterly loss of more than $23 billion...
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Warner Bros. Discovery Weighs Free Ad-Supported Streaming Plan
Warner Bros. Discovery Inc. WBD 4.61% is exploring launching a free, ad-supported streaming service, its chief executive said, the latest...
WSJ News Exclusive | Jack Ma Plans to Cede Control of Ant Group
HONG KONG—Billionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of...
T-Mobile Posts Strong Gains in Wireless Customers, Raises Outlook
T-Mobile US Inc. TMUS 3.80% posted a steep second-quarter loss as costs tied to its network overhaul and legal expenses...
Rogers Network Outage Disrupts Canada Internet Access and Bank Transactions
One of Canada’s largest telecommunications companies, Rogers Communications Inc., RCI -1.02% reported Friday outages across its nationwide network, affecting millions...
AT&T, Verizon Raise Prices and Test Consumer Budgets
The wireless companies are boosting monthly fees and increasing the cost of mostly older cellphone plans. Source link
CNN+ Streaming Service Is Shutting Down a Month After Launching
CNN is shutting down its streaming service CNN+ about a month after it launched, a sign of its new owners’...
David Zaslav Wants to Distinguish CNN From ‘Advocacy Networks’
Warner Bros. Discovery Inc. Chief Executive David Zaslav told employees that he wants CNN to focus on maximizing its impact,...
AT&T Boss Sees Room to Raise Prices, Cut Costs After Media Exit
AT&T Inc. Chief Executive Officer John Stankey says inflation could prompt the wireless and broadband company to raise prices for...
Masks Come Off, Mandates Loosen as Companies Relax Covid-19 Protocols
U.S. companies are relaxing many of the vaccine and other Covid-related requirements that had become a staple of corporate life...
GM Buys SoftBank’s Stake in Its Driverless Car Unit Cruise
General Motors Co. GM 2.66% said it is buying out SoftBank Vision Fund L.P.’s stake in its Cruise division for...
SoftBank COO Marcelo Claure to Leave as Stock Hits a Rough Patch
SoftBank Group Corp. 9984 2.20% said Chief Operating Officer Marcelo Claure, who helped clean up problems at the firm’s investments...
Why 5G Rollout Is Concerning Airlines and Flight-Safety Regulators: What to Know
The U.S. rollout of a new 5G wireless internet service has been contentious.After a standoff over potential risks that the...
U.S. Flight Disruptions Ease as New 5G Service Goes Live
The launch of enhanced 5G services Wednesday had a limited impact on U.S. flights after aviation regulators gave airlines additional...
Airlines Cancel Some Flights Ahead of U.S. 5G Wireless Launch
Two of the biggest U.S. wireless operators agreed to not turn on some 5G signals near airport runways, a temporary...
U.S. Airlines Say Further 5G Delay Needed to Avoid Flight Disruptions This Week
The chief executives of major passenger and cargo airlines said there could be significant flight disruptions when new 5G service...
FAA Selects Airports for 5G Buffer Zones
U.S. air-safety regulators have picked dozens of airports that would get buffer zones to help avoid expected flight disruptions once...
5G Truce Expected to Avert Many—but Not All—Flight Disruptions
A truce reached this week in the standoff over new 5G service and aviation safety will forestall serious air travel...
AT&T Shed Media Assets in 2021. This Year It Wants to Add Investors.
AT&T Inc. T 0.83% faces a busy year as it tries to complete a divorce with its entertainment business, ease...
AT&T, Verizon Refuse FAA Request to Delay 5G Launch
AT&T Inc. and Verizon Communications Inc. rebuffed a request from federal transportation officials to voluntarily delay the launch of new...
