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AT&T to cut off bandwidth for some ‘unlimited’ data subscribers

Beginning Saturday, telecom giant AT&T will start “throttling,” or slowing down, the bandwidth of some of its most loyal “unlimited” mobile data subscribers, which the network blames for their service’s overall poor performance. The company announced its intent back in July, and accused their most frequent users of degrading service…

Bank of America to charge debit card use fee

(Reuters) – Bank of America Corp plans to charge customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining other banks scrambling for new sources of revenue. U.S. banks have been looking for ways to increase revenue as regulations introduced since the…

Nokia completes transfer of 2,300 jobs to Accenture

The world’s largest mobile phone maker Nokia said on Friday that it had finished outsourcing 2,300 engineers to US-based global consulting firm Accenture. “Nokia announced today that it has completed the transaction to outsource its Symbian software development and support activities to Accenture,” the company said in a statement. Nokia chief executive Stephen Elop announced…

European stocks ending third quarter in the red

European stocks slid on Friday, the last trading day of the third quarter, as markets doubted whether a boost to the eurozonebailout fund would provide the panacea to the bloc’s debt crisis. The euro dropped against the dollar as official data showed a spike in eurozone inflation to 3.0 percent in September, while…

Facebook rolls out big changes to ‘lock in’ users

Facebook on Friday begins rolling out its biggest ever shake-up, in a move observers say will not only profoundly alter how its 800 million users interact with the site, but will keep them coming back for decades to come. The new “Timeline,” revealed last week by chief executive Mark Zuckerberg will also likely…

YouTube service disrupted

SAN FRANCISCO — YouTube service stumbled on Thursday, leaving some visitors frustrated that they couldn’t watch videos at the popular website. “We know some of you are having trouble watching YouTube videos,” the Google-owned online video venue said in a message fired off on Twitter. “Our engineers are working on…

Bank of America to charge monthly fee for debit card use

(Reuters) – Bank of America Corp plans to start charging customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining a host of other banks scrambling for new sources of revenue. U.S. banks have been looking for ways to increase revenue as…

Stock futures rise after German vote

NEW YORK (Reuters) – Stock index futures rose on Thursday after a German vote approving new powers for the euro zone’s crisis fund was approved and before data on U.S. economic growth and the labor market. Germany’s parliament voted new powers for the crisis fund but it was not clear…

Kindle Fire may drive down price of Android tablet

SEOUL (Reuters) – Asian technology companies came under pressure on Thursday to slash prices of their tablet computers after Amazon.com launched its Kindle Fire at a mass market-friendly $199. From Samsung Electronics to Sony Corp, major Asian tablet makers have ambitious plans to take on Apple, whose iPad is the…

Reebok slapped in U.S. for butt-toning claims

WASHINGTON — US government regulators have clamped down on sportswear maker Reebok for claims that its buttock-toning footwear would lead to a more shapely butt for its wearers. The Federal Trade Commission said Wednesday that Reebok, a unit of the German group Adidas, agreed to pay $25 million in customer…

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