BROADBAND

Customers are unhappy about the complexity of Verizon Wireless' new changes. The company has eliminated voice-calling and text charges, instead opting to charge for the amount of data used by smartphone owners.

Cutting federal spending in 2012 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure and public works projects now and in the immediate quarters ahead, it would create millions of jobs.

Sony Computer Entertainment America has just announced that it will purchase the cloud-based gaming company Gaikai Inc. for $380 million, as multiple sources have reported.

Last week, Verizon announced the opening of pre-orders for the Samsung Galaxy S3 smartphone and said that it would start shipping the device by July 9. But according to a latest update by the carrier, the shipping date has been pushed back by one whole day to July 10.

China?s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, announced a no-contract broadband service for its ThinkPad Classic and ThinkPad Edge laptops for customers in the U.S. and nine European countries.

By making the Internet universal and ubiquitous, though, technology also eroded corporate control. No longer will International Business Machines Corp. (NYSE: IBM) or Hewlett-Packard Co. (NYSE: HPQ) completely control everything in their networks, despite their networks of worldwide data centers.

Joining the four major US carriers, the nation's sixth largest carrier U.S. Cellular has announced that it will launch the latest Samsung Galaxy S3 smartphone in July with preorders beginning June 12.

On Wednesday, ABC news anchor Robin Roberts say down with President Barack Obama for an historic interview. For the first time, Obama affirmed his evolved position on one of America?s most controversial issues. Read the full transcript here, courtesy of ABC.

The U.S. Postal Service said it is abandoning for now its plan to close thousands of post offices in rural locations and will instead keep them operating with shorter opening hours.

Mexican business-tycoon Carlos Slim Helú's mobile telecommunications company América Móvil S.A.B. de C.V. (NYSE: AMX) made an unsolicited bid to raise its stake in Dutch mobile phone company Koninklijke KPN N.V. (Amsterdam: KPN) by $3.4 billion, KPN announced Tuesday.

While Samsung and HTC have already stolen a lot of the limelight with their new Android smartphones, Galaxy S3 and One X respectively, both the tech giants are not done with it and recently have come up with more offerings in the line of 4G LTE smartphones.

In an effort to expand beyond cell phones, the second largest U.S. mobile operator, AT&T, is all set to enter the home security and automation business.

Hong Kong-based diversified holding company Hutchison Whampoa Ltd. (Hong Kong: 0013) resubmitted its ?2 billion ($2.62 billion) cash bid for Dublin-based Eircom Group Ltd., the closely held fixed, mobile and broadband telecommunications services provider.

AT&T Inc. (NYSE:T), the No. 1 telecommunications carrier, reported first-quarter earnings and revenue rose solidly, ahead of estimates, as smartphone customers spent more time on the network.

Close on the heels of revealing the sharpest decline in quarterly profits, Indian refinery giant Reliance Industries said it will spend $8 billion to expand petrochemical production capacity.

The state of New York on Thursday sued Sprint Nextel Corp for more than $300 million, accusing the company of tax fraud by deliberately not collecting or paying millions of dollars of taxes for its cell phone service.

Verizon Communications Inc posted first-quarter earnings and revenue that beat Wall Street expectations as customers increased their spending on services such as wireless data, sending its shares 1.6 percent higher.

New York on Thursday sued Sprint Nextel Corp for more than $300 million, accusing the company of tax fraud for deliberately not collecting or paying millions of dollars of taxes for its cell phone service.

Mexican tycoon Carlos Slim plans to enter the online gaming market in his home country, offering more than 600 free titles to some 8 million users of his high-speed broadband for a month, with the aim of charging for the service afterward.

Here's a look at the five most profitable companies profiled in a recent Citizens for Tax Justice report on corporate taxation and the top five federal political candidates or incumbents to whom each has contributed during the 2011-2012 election cycle.

Verizon Wireless will start charging customers a $30 fee for cellphone upgrades, on top of the price they pay for the new device, as the company looks to supplement its income to cover costs.