AT&T to stop selling users’ location data to brokers

AT&T says it will stop selling all location data from mobile phones to brokers following a report that companies are still selling that information to shadowy companies without customer knowledge. Last year, AT&T T, +1.00%  and other carriers pledged to stop providing location information to data brokers. But AT&T made an exception for useful services that, for instance, help customers […]

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Arrest of Huawei executive is a dangerous escalation of Trump’s economic war with China

NEW YORK (Project Syndicate) — The arrest of Huawei CFO Meng Wanzhou is a dangerous move by President Donald Trump’s administration in its intensifying conflict with China. If, as Mark Twain reputedly said, history often rhymes, our era increasingly recalls the period preceding 1914. As with Europe’s great powers back then, the United States, led by an administration intent on […]

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CenturyLink stock falls 7% after earnings show declining sales, profit

CenturyLink Inc. CTL, -1.82% shares dropped more than 7% in after-hours trading following an earnings report that showed sales and profit declining faster than expected. The telecommunications firm reported third-quarter profit of $272 million, or 25 cents a share, on sales of $5.82 billion, down from $6 billion a year ago. After adjustments for the recent Level 3 acquisition and […]

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BT Group sees earnings in upper half of guidance

BT Group PLC (BT.A.LN) said Thursday that it anticipates adjusted Ebitda for fiscal 2019 to be in the upper half of its guidance range, after posting higher earnings for the first half. Adjusted earnings before interest, taxes, depreciation and amortization–BT’s preferred profit measure which strips out specific items–for the six months to Sept. 30 increased 1.9% to 3.68 billion pounds […]

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Samsung profit swells, but phone sales a worry

SEOUL–Robust sales of memory chips and displays helped generate another record profit for Samsung Electronics Co. in the third quarter, but the company’s outlook isn’t looking nearly as bright. The world’s largest maker of smartphones and semiconductors Wednesday said it logged a third-quarter net profit of 13.15 trillion South Korean won ($11.5 billion), an all-time high and a gain of […]

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