Here's a question: If you cut one slow-moving mega-company in half, do you get two fast-moving innovators? Not even Meg Whitman, chief executive of Hewlett-Packard, is promising that.
Telecom giant AT&T must refund $80 million to consumers who were illegally billed for unauthorized third-party charges, a practice known as mobile cramming, according to the FTC.
As Galaxy handsets sales continue to slow amid iPhone 6 and budget competition, Samsung says its third-quarter operating profit is estimated to have fallen to the lowest level in more than three years.
Ahead of its official financial disclosure for Q3 earnings, Samsung has announced profits are likely to drop by 60 percent compared to last year because of "intensified smartphone competition."
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