Phone contracts fall: U.S. customers are turning away from phone contracts for the first time in the first quarter, the Associated Press reported, as the seven largest U.S. phone companies lost a combined 52,000 subscribers from January to March.
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LEADING THE DAY:Sony reported that it expects a $3.2 billion annual loss, the Associated Press reported, due to production disruptions from the earthquake in Japan. The company also probably faces losses from a hacker attack that le... Read Post
In its quarterly report, Netflix finally revealed how many customers it lost during its pricing and service debacles. 810,000 U.S. subscribers cancelled their accounts between the second and third-quarter alone. While the subscriber... Read Post