Innovation and Entrepreneurship

Sprint Nextel Corp. posted second-quarter profit margins well below Wall Street estimates, sending its shares down 16 percent as the No. 3 U.S. mobile provider lost more subscribers than expected, Reuters reported.

Investors also questioned …

Mobile gaming is rapidly increasing, Mobile Commerce Daily reported.

A recent study by ABI Research said mobile gaming is expected to exceed $16 billion in revenues by 2016, compared with expected revenues of less than …

There was bad news for one video service today and good news for another, Reuters reported.

Shares of top video rental company Netflix Inc. fell more than 9 percent, a day after the company projected …

Retailers have been slow to keep up with tablet computer shopping behavior, Mobile Commerce Daily reported.

A new study by Forrester Research shows that the average company is investing just $14,000 on tablet commerce tools. …

Research In Motion Ltd. (RIM), the maker of BlackBerry devices, said today that it would cut more than 2,000 jobs as part of a previously announced cost-cutting effort, CNNMoney reported. The Ontario-based company said the …

The chief operating officer of Verizon Communications Inc. expects U.S. regulators to approve AT&T Inc.’s proposed $39 billion acquisition of T-Mobile USA, Reuters reported.

Due to AT&T’s need for more wireless airwaves, Lowell McAdam, who …

Consumer electronics giant Apple Inc. set record after record yesterday, hitting all-time highs with its quarterly profits and revenues, its stock price, and with iPhone and iPad sales, CNNMoney reported.

Apple sold 20.3 million iPhones …

Small businesses were issued a warning today: Be careful what people are downloading while using Internet access you provide.

The National Federation of Independent Business’ (NFIB) Iowa office is warning that a new alliance between …