AT&T Slices $2M from CEO Pay Due to T-Mobile Whiff
AT&T has cut CEO Randall Stephenson's payment package by a total of $2.08 million in the wake of the company's failed bid to purchase T-Mobile USA. AT&T's board cut both his cash bonus for 2011 as well as reduced his stock. Stephenson still earned $18.7 million for the year. AT&T was forced to eat $4.2 billion charge for the year on the failed take-over bid due to a break-up fee (mixture of spectrum assets and cash) to which it had agreed. The government blocked the acquisition, citing potential harm to American consumers.
Nokia 6 to Be Available from Amazon Next Month
HMD Global, the company that makes Nokia-branded handsets, today said it will sell the Nokia 6 smartphone in the U.S. via Amazon.
Kodak Ektra Improves Camera and Lowers Price As It Makes US Debut
Eastman Kodak and Bullitt Group this week launched the Ektra smartphone in the U.S. The handset was first announced in October 2016.
Alcatel Announces the Idol 5S with Stereo Speakers
Alcatel today marked the debut of the Idol 5S, the latest in its flagship series. Like its predecessors, the 5S features an aluminum frame, curved glass front and rear surfaces, powerful stereo speakers, and a rear-mounted fingerprint reader.
Alcatel's Modular A50 Parties with Light Up LED Accessory
Alcatel today followed through on its promise to bring the A5 LED to the U.S., though it has changed the phone's name to simply the Alcatel A50. The phone, first revealed in February, is compatible with a handful of modular accessories, the most significant of which features an LED-covere panel that can blink a few dozen LEDs with color.
Alcatel's A30 Plus Bumps Up the Screen, Processor, Camera and Battery
Alcatel today announced the A30 Plus, an improved version of the A30 we saw earlier this year. This entry-level Android handset includes a 5.5-inch 720p HD screen (up from 5.0 inches) and a 1.5 GHz quad-core MediaTek processor (up from 1.1 GHz) with 2 GB of RAM and 16 GB of storage.
1,500 years or so.
And 2 Mil? Thats alot of money, but when he still makes 18 Mil a year, that is nothing. H...