AT&T Offers $500 to DirecTV and U-verse Customers

AT&T is offering up to $500 to DirecTV and U-verse customers who switch their wireless service to AT&T, marking the latest move in the fight for mobile users. Current subscribers of DirecTV or U-verse, will receive a $300 bill credit for each mobile line they switch over, as long as they buy a smartphone through AT&T Next, a monthly payment alternative to two-year contracts. Read more

To Prevent Hacking, Fiat Chrysler Recalls 1.4M Vehicles

Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the U.S. just days after two hackers detailed how they were able to take control of a Jeep Cherokee SUV over the Internet. The company will update software to insulate the vehicles from being remotely controlled, and it implied that the hackers committed a crime, saying in a statement Friday that unauthorized remote manipulation of a vehicle is a criminal act. Read more

Microsoft Reports Biggest Quarterly Loss in Its History

Microsoft is hurting after shifting its smartphone strategy — leading it to report the biggest quarterly loss in company history. The company reported fourth-quarter earnings Tuesday that reflected a $7.5 billion writedown related to its failed acquisition of Nokia’s phone and services business. Microsoft also said it will incur additional charges, for combined writedown costs of $8.4 billion. Read more