Corning sold more in 2017, but reports net loss

Corning, the company that gave life to the Gorilla Glass technology and brought it to our smartphones, has reported its 2017 Q4 and full-year financial results, indicating net loss.

On a yearly basis the company indicates an increase in income, from $9.39 billion in 2016 to $10.11 billion in 2017. Despite that, Corning still finds itself at a net loss of $497 million – way worse than 2016, when the company had a net profit of $3,695 billion. The financial deficit can be easily explained with the fact that the company has recently invested in 23 projects, including the construction …


AT&T's CEO says the company is committed to an open internet following FCC repeal of net neutrality

Last month, the Trump FCC repealed net neutrality. Why? Well, the president seems to favor big business and what could help the carriers/ISPs more than giving them the ability to charge more for certain online content. Or it just could be Trump’s obsession with reversing every regulation put in place by his predecessor, Barack Obama. It was the Obama FCC that put net neutrality in place.

While the Senate is just one vote away from passing a resolution to restore net neutrality, the Congressional Review Act gives the Senate only 60 days to vote on reversing a decision made by an independent …

Verizon crushes analysts' expections with 1.17 million net retail postpaid additions during Q4 2017

This morning, Verizon released its quarterly earnings report for the last three months of 2017. Analysts expected the nation’s largest carrier to report 685,000 net new postpaid subscribers. Big Red blew right past that forecast by adding 1.17 million net new postpaid customers for the period that covered October through December. This nearly doubled last year’s number, and was the most net new postpaid customers added by Verizon since the first quarter of 2016. The number of postpaid net new smartphone additions was 647,000, up 42% year-over-year.

For all of 2017, net new prepaid additions …

Apple has a change of heart and approves an app that finds net neutrality violations

Senate Democrats are frantically searching for the one more vote from the other side of the aisle they need, which would guarantee the passage of a resolution to restore net neutrality. The Trump FCC has repealed net neutrality and the Senate has 30 days left to overrule the FCC’s decision. For those unfamiliar with the concept, net neutrality prevents carriers/ISPs from charging more for subscribers to visit certain websites or to favor certain content.

Speaking of net neutrality, Apple originally rejected an app that would have allowed users to determine if net neutrality is being violated. …

Will Verizon, AT&T or Comcast benefit from the Net Neutrality repeal?

We’re disappointed in the decision to gut #NetNeutrality protections that ushered in an unprecedented era of innovation, creativity & civic engagement. This is the beginning of a longer legal battle. Netflix stands w/ innovators, large & small, to oppose this misguided FCC order.— Netflix US (@netflix) 14 декември 2017 г.

The so-called Net Neutrality principle used to enshrine the prohibition for the likes of Verizon, AT&T, Comcast and other ISPs to give preferential treatment to certain content before others on their networks. They couldn’t, say, make Netlflix or …

Junior league goalie scores on empty net and everyone absolutely loses their minds

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When a hockey player scores on an opponent’s empty net, there’s typically a tempered celebration. The game is over, the win is sealed — everyone can relax.

When that scoring hockey player is a goalie, however, you gotta sound the hell off like its the best goal you’ve ever seen in your entire life. The Stampede, a Tier 1 junior hockey team from Sioux Falls, South Dakota, understand this unwritten rule.

When 19-year-old goalie Mikhail Berdin scored an empty net goal from the the opposite end of the rink, his teammates absolutely lost their minds. Read more…

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Verizon added 274,000 net new postpaid phone subscribers in Q3, up 13% over last year's figure

The third quarter earnings season is now here, and first out of the gate is Verizon. For the period covering July through the end of September, Big Red added 274,000 net new postpaid phone subscribers. That is a 13.2% gain over the 242,000 added during the third quarter of 2016. Overall, Verizon added 603,000 net new subscribers including 91,000 net new tablet users and 238,000 using other connected devices including wearables. At the end of the third quarter, Verizon counted 109.7 million retail postpaid and 5.6 million retail prepaid connections.

With a retail postpaid churn rate of .75%, …

The FCC’s site faces net neutrality comment attacks again after John Oliver’s call for action

Two years after the Federal Communications Commission passed the net neutrality rules that prevent content providers from paying ISPs for a faster pipeline to customers, the debate about the regulation heated up again in the last month, as FCC Chairman Ajit Pai announced plans to reverse the regulation introduced by Obama’s administration. And just as it happened before, the FCC’s site faced a massive flood of comments discussing net neutrality after comedian John Oliver called the public for action.

According to Reuters, more than 100,000 comments have been registered since Sunday and …

Jefferies lowers its estimates of Q4 postpaid net additions for Verizon, AT&T and Sprint

Wall Street securities house Jefferies has cut its fourth quarter postpaid net addition estimates for three of the largest carriers in the U.S. For example, Jefferies analysts now expect Big Red to have added 786,000 new postpaid customers in the three month period that ended last month. Previously, the trading house was expecting Verizon to add 943,000 postpaid subscribers in Q4. Postpaid churn is estimated to be 1.03% for the period, unchanged from the earlier forecast.

Jefferies revised its AT&T numbers down by a larger percentage. It now sees 315,000 postpaid net adds for the carrier …