Items tagged with Contracts

If you’re one of the few that still purchases brand new smartphones with a two-year contract, America’s second largest wireless carrier is about to strip that option away from you. Starting January 8th, AT&T customers will have to purchase a new phone using NEXT or eat the entire cost of the device upfront. This move is not unprecedented; earlier this year, AT&T stopped offering two-year contracts via its third-party resellers (a la Best Buy) and only offered them through its company-owned retail stores and online. This latest move further aligns AT&T’s corporate policy of killing two-year phone contracts for good. It should be noted that this policy doesn’t just apply to smartphones;... Read more...
HP is smarting from a $108 million fine today, thanks to a guilty plea it entered in a San Francisco federal court. HP and its subsidiaries were accused of paying bribes to officials and businesses in Mexico, Poland, and Russia to buy lucrative contracts. The fine wraps up the settlement, which was announced in April. HP has since jettisoned the people it believes were involved in the bribes. HP Z1 Workstaion The bribes reportedly involved contracts with a police agency and an oil company, among other foreign government-controlled organizations. HP was accused of making payments – sometimes cloak and dagger affairs with secret meeting and actual bags of cash – to corrupt officials.... Read more...