Reuters - Verizon Communications Inc posted a higher quarterly profit on strong wireless sales, but its shares fell on worries about its declining landlines and weaker-than-expected growth in its FiOS Internet and video service.

Reuters - Sony Corp (6758.T) posted a 39 percent fall in quarterly operating profit on Tuesday, hit by losses in its mobile phone joint venture with Sweden's Ericsson (ERICb.ST) and a firmer yen.

Reuters - Verizon Communications Inc posted a higher quarterly profit on wireless sales, but its shares fell on worries about declining land lines as growth in its FiOS television subscribers missed some estimates.

AP - AOL splashes images of Bollywood celebrities on its new home page for India. MySpace accepts sign-ups from mobile phones in Japan. Google departs from its customarily spartan home page and peppers its Korean site with colorful, animated icons.

AP - When Amy Morris' twin boys, then 11, went on an academic trip to Washington last year, she agreed to give them cell phones at the program's request. But this summer she was dismayed to learn that girls at her 8-year-old daughter's day camp were using cell phones they'd taken along in their backpacks.