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Wholesale distributors of technology products $TECD announced a new agreement with KoolSpan to provide suite of solutions to U.S. resellers through its Tech Data Mobile Solutions & Retail division. KoolSpan provides robust, flexible, cross-platform, end-to-end communication security on desktop phones and mobile devices.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.