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Verizon CEO confirms $30 unlimited data plan for iPhone 4 [updated]

January 25th, 2011

Verizon CEO Lowell McAdam on Tuesday confirmed to The Wall Street Journal that Verizon Wireless will offer a $30 unlimited data plan for the iPhone 4. McAdam said that offering the iPhone with a capped data plan would create an unnecessary barrier for customers looking to switch from AT&T. “I’m not going to shoot myself …

T-Mobile USA considers selling cellular towers to raise funds for ‘capital spending’

January 21st, 2011

Here’s a head scratcher. During a speech today in New York City, Deutsche Telecom CEO, Rene Obermann, told investors that T-Mobile USA would consider “selling nonstrategic assets such as its broadcast cellular towers in order to raise additional funds for capital spending.” We were under the distinct impression that cellular towers were, in fact, capital assets (especially for a wireless …

Larry Page to replace Eric Schmidt as Google CEO April 4th

January 20th, 2011

During its Q4 earnings disclosure, Google announced that co-founder Larry Page will take over the CEO role effective, April 4th, from Eric Schmidt. Mr. Schmidt will remain with the company and assume the role of Executive Chairman, “focusing externally on deals, partnerships, customers and broader business relationships, government outreach and technology thought leadership.” “We’ve been …

Apple CEO Steve Jobs takes medical leave of absence

January 17th, 2011

Apple CEO Steve Jobs said on Monday that Apple’s board of directors has granted him a medical leave of absence. It is currently not known why Jobs requested the leave or for how long he will be gone. Jobs also took a six-month leave of absence in early 2009 when he received a liver transplant. …

Andy Rubin: over 300,000 Android phones are being activated every day

December 9th, 2010

Google’s VP of Engineering, Andy Rubin, utilized the social-network Twitter to drop some knowledge on the world. Mr. Rubin notes that his company’s mobile operating system is now being activated on over 300,000 phones each and every day. That’s over 2.1 million phones every week and over 9 million phones every month. Back in August …

Eric Schmidt handles Nexus S on video

November 16th, 2010

Seeing an image or two is one thing, but there’s nothing like seeing an unannounced, highly anticipated smartphone star in a crystal clear video — especially when the CEO of the company behind the phone is the one showing it off. Eric Schmidt decided to bring a shiny new Samsung-built Nexus S on stage with …

Bloomberg: RIM to sell Playbook in Q1 2011, under $500

November 10th, 2010

Bloomberg is reporting that RIM’s Co-CEO, Jim Balsillie, indicated his company’s Playbook tablet would be available in North American markets in Q1 of 2011 for under $500. The $500 price point is notable for the industry as it is where Apple’s 16GB Wi-Fi iPad currently sits. The report also noted that “RIM may sell the …

Forrester Research CEO: Mark Zuckerberg’s skills as a CEO are overrated

November 9th, 2010

George Colony, founder and CEO of Forrester Research, keeps a blog that “contains ideas, observations, and analyses to help drive the success of other CEOs.” In a post yesterday, Mr. Colony bluntly stated that Facebook CEO Mark Zuckerberg is, to date, “a one-trick pony.” In acknowledging that Facebook is an excellent concept, Mr. Colony also …

Steve Ballmer cashes in 49 million Microsoft shares

November 6th, 2010

Microsoft has issued a statement describing Steve Ballmer’s plans to sell up to 75 million shares in order “to gain financial diversification and to assist in tax planning”. A sale this large is bound to ring alarm bells with shareholders, however Ballmer has cleared the air of any brewing conspiracy theories. “Even though this is …