The world's most valuable company joins Wall Street's pre-eminent stock index, a key metric of the nation's economic performance.
Bill Gates has added $3 billion to his net worth, cementing his position as the world's richest tech billionaire -- and once again as the richest person in the world.
Frontier Communications will pick up parts of Verizon's landline business, while American Tower will pick up the rights to 11,300 cellular towers.
The company is close to selling off parts of its wireline business and cellular towers for $10 billion so it can focus on its core wireless service, The Wall Street Journal reports.
The move is part of the company's evolution into a software business, which includes working with every major operating system.
We spoke to Ubuntu's mobile boss, Cristian Parrino, to find out how the operating system is different from Android, Firefox and Tizen.
Technically Incorrect: Verizon issues a press release suggesting that the FCC's decision to regulate the Internet as a utility is archaic and sends the world back to the Dark Ages -- of 1934.
An attorney for the defunct streaming-TV service calls the results disappointing. The company had expected to bring in anywhere from $4 million to $31.2 million.
After service providers and rights holders were called on by the Australian Government to develop a code to address copyright infringement, the industry has responded with a three-strikes scheme for pirates.
The carrier lost $2.38 billion in the quarter thanks to charges related to its wireline assets and its brand.