Sprint Corporation (NYSE:S) is all set to expand its wireless network with more partners post the collapse of T-Mobile US Inc (NYSE:TMUS) deal. The CEO of Sprint, Marcelo Claure, announced that the company is looking for more partners for wireless network expansion. In a conference organized by Goldman Sachs Group Inc (NYSE:GS), Claure said, “We…
Yahoo! Inc. (YHOO) in Legal Troubles Over Avoiding $2.7 Billion Judgment
Seems like Yahoo! Inc. (NASDAQ:YHOO)’s best days are endangered by two Mexican companies who have sued Yahoo along with Baker & McKenzie, law-firm, for avoiding a $2.7 billion judgment given by a Mexico court in 2012. The two companies filing the lawsuit in New York Federal court include Ideas Interactivas S.A. de C.V. and Worldwide…
T-Mobile US Inc (TMUS) Offers Wi-Fi Calling and Texting Service to its Customers
In its efforts to improve customer experience, T-Mobile US Inc (NYSE:TMUS) is offering Wi-Fi calling and texting services to its clients. It will allow customers to stay in touch even at dead spots, especially in office and home buildings. T-Mobile US Inc (NYSE:TMUS) introduced a signal booster device, Personal CellSpot, device that would help customers…
RadioShack Corporation (RSH) to Get New Loan from UBS AG and Standard General LP
RadioShack Corporation (NYSE:RSH) is likely to get some help from UBS AG and Standard General LP in avoiding potential bankruptcy. The electronics retailer is likely to use this money to settle its debts and arrange credit sources for inventory build-up for the holiday season. RadioShack Corporation (NYSE:RSH) has been operating on life-support fort quite a…
Bill Vass Hired By Amazon.com Inc (AMZN) to Improve Its Cloud Performance
In an attempt to improve its cloud performance vis-à-vis that of its competitors, namely Google and Microsoft, Amazon.com Inc (NASDAQ:AMZN) has absorbed the vastly experienced Bill Vass into its cloud division of Amazon Web Services. While for the global retailer, this move is the third major development in a series of steps to make a…
Twitter Inc (TWTR) Seeking $1.5 billion in Convertible Debt for Expansion
Twitter Inc (NYSE:TWTR) is seeking to finance its expansion plan through a convertible debt by selling off two $650 million bonds with one of the bonds maturing in 5 years while the other in 7 years. This is according to a filing to the U.S. Securities and Exchange Commission. If the involved banks go ahead…
AT&T Inc. (T) Announces Old iPhone Trade-In and $300 Credit Deal
After the release of the highly anticipated iPhone 6, many technology companies, particularly carriers, have gone into fierce competition to win new subscribers and to retain their existing market share. AT&T Inc. (NYSE:T) isn’t left out either. The company has announced that it’s accepting trade-ins for old iPhones in exchange for iPhone 6 and giving…
Yahoo! Inc. (YHOO): Is It The Right Time To Dump Yahoo’s Shares?
With the IPO of Alibaba Private Holdings around the corner, Yahoo! Inc. (NASDAQ:YHOO) is the right stock to have in your portfolio. However, the situation was quite different a few weeks back when several investors supported the idea to abandon Yahoo and get the shares of Alibaba itself. The primary reason behind the rumor was…
Facebook Inc (FB) Surpasses International Business Machines Corp (IBM) and The Coca-Cola Company (KO) in Market Capitalization
Facebook Inc (NASDAQ:FB) is, for all reasons, the biggest name in social media for past several years and the tech-giant has added another feather to its hat. Facebook Inc (NASDAQ:FB) has surpassed both International Business Machines Corp (NYSE:IBM) and The Coca-Cola Company (NYSE:KO) in terms of market capitalization. Facebook Inc (NASDAQ:FB) has become the fastest…
Apple Inc. (AAPL) Is Trying To Make A Difference With Its New Apple Watch
Apple Inc. (NASDAQ:AAPL) announced its new Apple Watch yesterday. The watch will be available in the first quarter of 2015. Apple Watch will have accelerometer and heart-rate monitor. Apple Watch needs to be used with iPhone to track the distance traveled. The watch will be available in two sizes including 38 mm and 42 mm. Apple…