Sprint Backs Out of T-Mobile Merger, Installs New CEO

Sprint Backs Out of T-Mobile Merger, Installs New CEO

With Sprint stepping away from acquiring T-Mobile at the moment, the company has replaced Dan Hesse as CEO. Taking his place Monday will be Marcelo Claure. RELATED: Update: Sprint ...
Netflix Enters Deal With AT&T To Improve Stream Quality

Twice Bitten, Thrice Shy: Netflix Inks Deal With AT&T To Improve Stream Quality

Wading in streaming problems major ISPs supposedly not delivering on what Netflix agreed to pay for, the streaming entertainment service has agreed to another deal with AT&T. RELATED: ...
Alibaba Said To Be Interested In Funding Snapchat At $10 Million

Alibaba Said To Be Interested In Funding Snapchat At $10 Billion

Snapchat is still in talks with multiple investors and is rumored to be priced at $10 billion. This is a major spike from the $3 billion Facebook originally offered in November of ...
Facebook Acquisition of WhatsApp Plans Halted Due To European Commission, Service Ends In A Year

Facebook Acquisition of WhatsApp Delayed Due To European Commission, Service Ends In A Year

Facebook is extending the deadline of WhatsApp’s closure to August 19, 2015 according to its Form 10-Q filed with the Securities and Exchange Commission (SEC) last week.  RELATED: ...
CEO Nadella Could Streamline Microsoft With A Number of Job Cuts

CEO Nadella Could Streamline Microsoft As Early As This Week

Microsoft‘s new focus will see the company aggressively diving deeper into mobile and cloud—at the cost of close to some 5,800 in jobs. RELATED: Microsoft Offers More Free ...
The FTC Pushes Ahead Legal Action Against Amazon For Unauthorized In-App Purchases

The FTC Pushes Ahead Legal Action Against Amazon For Unauthorized In-App Purchases

The Federal Trade Commission feels as though it played nice enough by offering Amazon the chance to change their in-app purchases policy on its own. The popular retailer decided to ...
Amazon Offers 100% Revenue Deal To Authors During Stalemate

Amazon Offers 100% Revenue To Hachette Authors During Stalemate

In an ongoing dispute with Hachette, Amazon looked to have authors under the publishing group keep 100 percent of whatever revenue is gained from e-book sales. Hachette allowed the ...
Sprint and T-Mobile Close To Multi-Billion Dollar Deal

Update: Sprint and T-Mobile Come To An Agreement On Multi-Billion Dollar Deal

It has been reported that the third and fourth largest mobile carriers in the U.S–Sprint and T-Mobile–have come to an agreement on the widely reported merger. While details ...
Motorola Throws In The Towel On U.S Manufacturing

Motorola Throws In The Towel On U.S Manufacturing

Motorola Mobility will be shuttering their Texas-based manufacturing plant by the end of 2014. In speaking with The Verge, Motorola  President Rick Osterloh said that reason was ...
Apple Acquires Beats Electronics, Deal To Be Closed Later

Apple Acquires Beats, Dr. Dre and Iovine To Join Music Divisions

Apple confirmed that they had scooped up the Dr. Dre and Jimmy Iovine-headed audio equipment manufacturer and music streaming service Beats Electronics on Wednesday. The deal weighs ...