A Facebook Smartphone After All?

Despite its claims to the contrary, it looks like Facebook is, indeed, preparing to launch smartphones based on its social network features. Bloomberg reports that “Facebook Inc. is working with mobile-handset manufacturer INQ Mobile Ltd. on two smartphones that may be carried by AT&T (T) Inc.”

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The devices are expected to launch in Europe in the first half of 2011 and in the…

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A Facebook Smartphone After All? originally appeared on DailyFinance on Thu, 23 Sep 2010 06:35:00.

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Verizon Names Wireless Unit Exec as New COO

Early Monday, telecom giant Verizon Communications (VZ) named Lowell McAdam president and COO, which would put him in line to eventually succeed longtime CEO Ivan Seidenberg. McAdam currently serves as the CEO of Verizon Wirele…

GM CEO Says Government Bailout Was Right Thing to Do

The federal government’s controversial decision to step in and save General Motors from insolvency was the right thing to do, says the automaker’s new Chief Executive Daniel Akerson.
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