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Verizon Communications has named independent director and former PayPal Holdings chief Dan Schulman as its new CEO, replacing Hans Vestberg, who will stay on with the company through a transition. Vestberg, who came to the CEO post in 2018, will serve as special advisor through Oct. 4, 2026 to in part integrate Frontier Communications, a…
Former U.S. Army soldier Cameron John Wagenius pleaded guilty to hacking telecommunication companies and attempting to extort them by threatening to release stolen files, the Department of Justice announced on Tuesday. According to the DOJ, Wagenius, who went online with the nickname “kiberphant0m,” conspired to defraud 10 victim companies by stealing their login credentials, using…
It’s 2025, and cell phone numbers are ubiquitous. We use our phone numbers to sign up for websites and online services, from retail and banking to social media and health providers. You can use your phone number to reset a forgotten password, and even for receiving two-factor authentication codes for securely logging in to your…
Sen. Ron Wyden sent a letter to fellow senators on Wednesday, revealing that three major U.S. cellphone carriers did not have provisions to notify lawmakers about government surveillance requests, despite a contractual requirement to do so. In the letter, Wyden, a Democrat and longstanding member of the Senate Intelligence Committee, said that an investigation by…
U.S. prosecutors have formally linked the arrest of a serving U.S. Army soldier in December to a massive theft of U.S. phone records from AT&T and Verizon last year. Authorities arrested Cameron John Wagenius, a U.S. Army communications specialist, in Texas on December 20 following a brief two-page grand jury indictment accusing the U.S. serviceperson…
MyBundle operates an online platform being used by nearly 220 broadband providers of various sizes that target consumers looking for help navigating the TV world in the streaming age by simplifying the process of putting together content bundles tailored to their needs. On its website, consumers can enter information on streaming services to which they…
Verizon lost 78,000 net pay TV subscribers for its Fios consumer video service in the third quarter, ending it with just more than 3.0 million, the telecom giant said on Tuesday. It had lost 69,000 users in its consumer division in the second quarter and lost 95,000 in the year-ago period. Verizon also lost 1,000…
AT&T does not see cable companies’ mobile subscriber gains coming at its expense and sees a “pretty high” bar for a merger of DirecTV and Dish Network, CFO Pascal Desroches told an investor conference on Tuesday. Speaking at the Bank of America C-Suite Technology, Media and Telecommunications Conference in London in a session that was…
Work Out While Binge Watching TV? Verizon Has a Plan For That Verizon, positioning itself as a “neutral” player in the content and streaming landscape, is continuing to expand its subscription hub, +play, through new partnership deals with Peloton and Starz. On Monday, the telecom giant said Verizon customers who are new to Peloton can…
“Verizon shares tumble as inflation hits wireless forecast” Verizon Communications on Friday tempered its full-year forecasts for profit and wireless service revenue as its spends heavily on upgrading its network, while rising inflation stops customers from opting for newer or pricier plans. Shares of the company were down nearly 6% in midday trading. Verizon said it now…