Telecommunications Services

Opinion: Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once an online session. After an ignominious slide, however, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Has Mark Zuckerberg launched …

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Verizon stock falls after earnings as company cuts forecast

Verizon Communications Inc. became the second major US wireless carrier to disappoint with its earnings this week, as the company cut its full-year financial forecast Friday. Shares were down nearly 5% in premarket trading. The company posted second-quarter net income of $5.32 billion, or $1.24 a share, compared with $5.94 billion, or $1.40 a share, …

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