Latest Verizon Communications Inc News

Sprint, T-Mobile shares dive after WSJ casts doubt on deal

Apr. 16, 2019 5:57 PM EDT

NEW YORK (AP) — Sprint and T-Mobile shares fell after a Wall Street Journal report cast doubt on the likelihood of government approval of the companies' $26.5 billion merger . The Journal said that Justice Department antitrust personnel, who are reviewing the takeover, questioned the companies' reasoning...

With billions to spend, feds unsure who lacks broadband

Apr. 15, 2019 2:19 PM EDT

There is a way around the notoriously sluggish internet in West Virginia. You just need a car and some time. Kelly Povroznik can tell you, when she happens to get a good signal. She teaches an online college course so hampered by unreliable connections that she has had to drive a half-hour to her brother's place...

Yahoo to pay $117.5M in latest settlement of massive breach

Apr. 10, 2019 5:36 PM EDT

SAN FRANCISCO (AP) — Nearly 200 million people who had sensitive information snatched from their Yahoo accounts will receive two years of free credit-monitoring services and other potential restitution in a legal settlement valued at $117.5 million. The deal revises an earlier agreement struck last...

House passes bill to restore 'net neutrality' rules

Apr. 10, 2019 12:28 PM EDT

The House has passed bill Wednesday to restore Obama-era "net neutrality" rules, but the legislation faces slim odds of making it through the Republican-controlled Senate. The Save the Internet Act passed the Democrat-controlled House 232-190 Wednesday, with only one Republican vote in favor. But top Senate...

Big Tech feels the heat as US moves to protect consumer data

Apr. 8, 2019 3:31 PM EDT

WASHINGTON (AP) — Momentum is gaining in Washington for a privacy law that could sharply rein in the ability of the largest technology companies to collect and make money off people's personal data. A national law, the first of its kind in the U.S., could allow people to see or prohibit the use of their...

To imagine the '5G' future, revisit our recent wireless past

Mar. 29, 2019 10:23 AM EDT

NEW YORK (AP) — The mobile industry is cranking up its hype machine for sleek new "5G" networks that it says will make your phone and everything else faster and wonderful. If you believe the marketing. But no one can really say how 5G will change your life; many of the apps and services that will exploit...

Markets Right Now: Stocks rebound as bond yields climb

Mar. 28, 2019 4:11 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks closed broadly higher on Wall Street as bond yields rose off their recent lows, easing concerns about a troubling drop in long-term yields over the past week. Banks did especially well Thursday. Citigroup...

Verizon says 5G network will cost extra $10 a month

Mar. 13, 2019 1:24 PM EDT

NEW YORK (AP) — A handful of Verizon customers could soon have faster wireless service — but they'll have to pay $10 a month more. Verizon says it'll flip the switch next month on a much-hyped, next-generation "5G" phone network . Service will start in parts of Chicago and Minneapolis. Verizon...

Democrat bill seeks to restore Obama-era net neutrality regs

Mar. 6, 2019 2:19 PM EST

NEW YORK (AP) — Top congressional Democrats have announced legislation to restore Obama-era "net neutrality" rules that seek to bar internet service providers such as AT&T and Comcast from playing favorites with websites and services. The bill will face a tough time becoming law, despite Democrats'...

Aide: US hasn't used phone data collection program in months

Mar. 5, 2019 4:25 PM EST

WASHINGTON (AP) — A secret U.S. surveillance program that was revealed to the public by former National Security Agency contractor Edward Snowden has been at least temporarily halted, according to a senior congressional aide. The NSA program, which involved the mass collection of information about phone...