AT&T Inc, owner of the biggest US mobile-phone service, plans to woo corporate customers away from Verizon Wireless with a new handset that uses its fastest Internet network and can handle heavy e-mail use.
The AT&T Tilt has a full keyboard and can access corporate e-mail using software from Microsoft Corp or Research In Motion Ltd. The device gets its name from the way it unfolds for typing, opening up to resemble a "mini laptop," said analyst Michael Gartenberg of Jupiter Research in New York.
AT&T seeks to boost sales from corporate data services such as e-mail and Internet access, a market that could quadruple to US$100 billion by 2012, according to ABI Research of Oyster Bay, New York.
Verizon Wireless's subscribers outspent AT&T's on data services by 12 percent last quarter.Verizon Wireless is co-owned by Verizon Communications Inc and Vodafone Group Plc.
The Tilt, made by High Tech Computer Corp (宏達電子) of Taoyuan, will go on sale today for as little as US$299.99 with discounts. The phone can operate in most countries, access Wi-Fi wireless networks and use satellite-based mapping software.
While the phone is "a bit bulky," it's a "very capable device," said Avi Greengart, an analyst at Current Analysis in Sterling, Virginia.
Verizon announced four new phones on Wednesday as it prepares for the holiday season. The new models, including handsets from LG Electronics Co and Research In Motion, are designed to appeal to users of e-mail and other data services.
The Tilt uses a faster network than Apple Inc's iPhone, which also runs on AT&T's service. Some iPhone customers have complained that the mobile phone's network is too slow.
On Tuesday, US President Donald Trump weighed in on a pressing national issue: The rebranding of a restaurant chain. Last week, Cracker Barrel, a Tennessee company whose nationwide locations lean heavily on a cozy, old-timey aesthetic — “rocking chairs on the porch, a warm fire in the hearth, peg games on the table” — announced it was updating its logo. Uncle Herschel, the man who once appeared next to the letters with a barrel, was gone. It sparked ire on the right, with Donald Trump Jr leading a charge against the rebranding: “WTF is wrong with Cracker Barrel?!” Later, Trump Sr weighed
HEADWINDS: Upfront investment is unavoidable in the merger, but cost savings would materialize over time, TS Financial Holding Co president Welch Lin said TS Financial Holding Co (台新新光金控) said it would take about two years before the benefits of its merger with Shin Kong Financial Holding Co (新光金控) become evident, as the group prioritizes the consolidation of its major subsidiaries. “The group’s priority is to complete the consolidation of different subsidiaries,” Welch Lin (林維俊), president of the nation’s fourth-largest financial conglomerate by assets, told reporters during its first earnings briefing since the merger took effect on July 24. The asset management units are scheduled to merge in November, followed by life insurance in January next year and securities operations in April, Lin said. Banking integration,
LOOPHOLES: The move is to end a break that was aiding foreign producers without any similar benefit for US manufacturers, the US Department of Commerce said US President Donald Trump’s administration would make it harder for Samsung Electronics Co and SK Hynix Inc to ship critical equipment to their chipmaking operations in China, dealing a potential blow to the companies’ production in the world’s largest semiconductor market. The US Department of Commerce in a notice published on Friday said that it was revoking waivers for Samsung and SK Hynix to use US technologies in their Chinese operations. The companies had been operating in China under regulations that allow them to import chipmaking equipment without applying for a new license each time. The move would revise what is known
Artificial intelligence (AI) chip designer Cambricon Technologies Corp (寒武紀科技) plunged almost 9 percent after warning investors about a doubling in its share price over just a month, a record gain that helped fuel a US$1 trillion Chinese market rally. Cambricon triggered the selloff with a Thursday filing in which it dispelled talk about nonexistent products in the pipeline, reminded investors it labors under US sanctions, and stressed the difficulties of ascending the technology ladder. The Shanghai-listed company’s stock dived by the most since April in early yesterday trading, while the market stood largely unchanged. The litany of warnings underscores growing scrutiny of