A complaint with the FCC accuses the "Uncarrier" of adding unauthorized charges to customer bills and deceptive advertising practices.
The Super Bowl offered a great script for a blowout evening of tweeting, peaking at 231,500 tweets-per-minute during the power outage and 268,000 tweets-per-minute at the end of Beyonce's half-time show.
The good news was that total monthly active users jumped to 241 million. The bad news: the growth ain't what it used to be, and Twitter's design is partly to blame.
Subscription services such as Spotify and Rhapsody can tell their critics to put a clamp on it. In 2011, revenue jumped 13 percent to $241 million, even as overall music sales rose barely at all.
Communications chipmaker Conexant reported a net loss of $200.7 million, or 78 cents a share, on revenue of $241 million for its second fiscal quarter ended March 29. That compares with a net loss of $262 million, or $1.08 a share, and revenue of $251 million for the same quarter a year ago. Excluding charges, the Newport Beach, Calif.-based company posted a pro forma loss of $88.3 million, or 34 cents a share. Analysts surveyed by First Call estimated that the company would post a pro forma loss of 37 cents. The company said it expects fiscal third-quarter revenue to grow between 3 percent and 5 percent from the previous quarter and that its pro forma loss will decrease by 15 percent. The company's Mindspeed division, which makes chips for telecom gear, grew 34 percent from the previous quarter to $19 million, the strongest growth of all its units.
Network General reported revenues of $68 million for the fourth quarter ended March 31, 1997, compared to $53 million for the same quarter last year. Net income, exclusive of charges associated with the acquisition of 3DV Technology was $13 million, or 29 cents per share. This year's revenues were $241 million, up from $189 million last year. Counting acquisition charges for both years, net income was $25 million this year, or 55 cents per share, up from $27 million, or 60 cents per share, last year.