Corporate and legal

The HTC One launched too late to save the Taiwanese company's first-quarter results.

Net profit for the handset maker tumbled to NT$85 million ($2.85 million) from NT$4.5 billion ($152 million) a year ago, a drop of 98 percent.

It's the company's lowest quarterly profit since 2004. Revenue plunged too, to NT$42.8 billion from NT$67.8 billion, the company confirmed in Thursday's earnings call.

The company did not reveal how many units of the HTC One it has so far sold, but said it expected revenues to jump in the … Read more

Dish Network Chairman Charlie Ergen is ratcheting up the war of words with SoftBank over who is the better suitor for Sprint Nextel.

After SoftBank CEO Masayoshi Son referred to Dish's unsolicited $25.5 billion bid to buy Sprint from under the Japanese carrier as "incomplete and illusory," Ergen reiterated earlier arguments that a U.S. buyer would be best for the troubled wireless carrier.

"We're offering a higher price. That's just math," he told USA Today on Wednesday. "We are an American company, and the modernization of Sprint's network will … Read more

Cursing, swearing, profanity, bad words, expletives, four-letter words... Google Glass reportedly doesn't want any part of it.

Apparently, if users say any of this foul language while wearing the Google's augmented reality headset, the device simply won't recognize those words, according to Geekwire. And, there's reportedly no way to turn this filter off at this time.

This isn't Google's first foray into censoring swear words. In fact, according to Geekwire, the no-profanity policy reaches throughout most all of Google's products and software that use the voice-to-text translation engine.

Yahoo's app spending spree continued Thursday with the acquisition of to-do app Astrid.

The to-do-list and task management app "will continue to work as is" for the next 90 days but will not accept new premium subscriptions, Astrid CEO Jon Paris said in a company blog post announcing the acquisition. Terms of the acquisition were not revealed.

"To make future changes as easy as possible, we'll be in touch with users shortly to share how to download data," Paris wrote in the blog, adding that Yahoo would issue refunds to eligible users who have … Read more

T-Mobile will begin selling phones compatible with its network at MetroPCS stores later this quarter, according to T-Mobile Chief Marketing Officer Mike Sievert.

The goal is to sell only T-Mobile-compatible phones at MetroPCS stores by the end of the year. The move will help accelerate the migration of customers from the MetroPCS network to that of T-Mobile, Sievert told CNET on Wednesday.

T-Mobile was reborn today, appearing for the first time under the ticker TMUS as an independent and U.S.-based publicly traded company on the New York Stock Exchange. This follows the company's merger with MetroPCS. The … Read more

For a mobile payments platform whose future success is tied to its ability to be accepted by as many retailers as possible, a company like Square has to have someone leading the charge toward such deals.

That's why Square -- the San Francisco startup founded by Twitter co-founder Jack Dorsey -- has just hired its first vice president of partnerships. It said today that it has tapped Alex Petrov, former PayPal vice president of retail marketing, for the job. Petrov also previously held the position of vice president of consumer brands at supermarket giant Safeway.

It will be Petrov'… Read more

Microsoft's ownership of Skype has placed it in the crosshairs of a patent lawsuit.

CopyTele, a company that calls itself "specialists in patent monetization and patent assertion," launched its suit today, alleging that some of the technology used in Skype violates patents owned by its subsidiary, Secure Web Conference Corp.

In its complaint, CopyTele is asserting the infringement of two U.S patents -- "Method and apparatus for securing e-mail attachments" and "Portable telecommunication security device," both granted in 2005.

Both patents concern secure Web-based peer-to-peer communications, such as those used by Skype. … Read more

Sprint said on Wednesday that is on track to turn off the Nextel iDEN network for good at the end of June. The company previously said it expected to decommission the network by the end of the second quarter.

The shutdown, which will begin on June 30, is part of Sprint's broader Network Vision plan, which includes an upgrade of its existing infrastructure and a move to 4G LTE. The company plans to use the spectrum from the Nextel network to power its 3G and 4G services.

Nextel, however, boasts a loyal base of users that continue to cling … Read more

Nevada has become the first state to allow its residents to legally play poker online for money.

The state on Tuesday announced (PDF) that UltimatePoker.com is now live for its residents. In order to play, participants must be 21 years old and reside in Nevada. For now, the site will offer nightly games with prizes of $1,000, though a higher-stakes game with a $10,000 pool will run on Sundays. Other poker sites are expected to go live eventually.

Nevada is breaking down a barrier in the online world of gambling. In 2006, Congress made Internet-based betting illegal, … Read more