The Mobile Data Economy: How Much Data Do You Need To Buy?

The most memorable AT&T story from this week's CES technology conference might be when it kicked out T-Mobile's colorful CEO John Legere from its party. But an announcement from earlier in the week has the potential to be industry-changing.

(Simon Yeo)

Have you ever downloaded an app that didn’t seem like it was going to chew up a ton of data only to later find out that it was devouring megabytes without you knowing?

Amazon.com Widgets Well done article on CNET looks at theAT&

(Pam)

Best Buy Co Inc. (NYSE:BBY) today reported its highly anticipated holiday sales results. As predicted, the company announced­ considerable growth in both holiday and comparable-store sales (comps) for the nine weeks ended January 3. But the stock has been in free-fall today. At the time of this report, Best Buy shares have slipped more than 13% on the NYSE, after the consumer electronics company warned of industry headwinds that are expected to impact profitability in the coming weeks.

Verizon Wireless, a segment of Verizon Communications (VZ), has added fuel to the price war in the telecom market by snipping the rates of some of its data plans by as much as 12.5%. Subscribers who are at present paying $80 per month for 500 megabytes of data under the smartphone plan “Share Everything” will now be able to get the same services for $70 a month. This $10 price cut will also apply to Verizon’s two gigabyte and one gigabyte data plans, which currently sell for $100 a month and $90 a month, respectively.