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Technology News Headlines

Verizon first-quarter results beat estimates

Verizon Communications Inc reported better-than-expected first-quarter results on Tuesday as the No. 1 U.S. wireless carrier lost fewer monthly phone subscribers than feared, and the company's chief financial officer said it was continuing to explore a new video service.

Google-owner Alphabet's shares dip on rise in costs

Shares of Google parent Alphabet Inc lost almost 5 percent on Tuesday as a surge in costs drove what analysts said was its biggest ever contraction in gross margins, overshadowing strong first-quarter ad sales.