AT&T Acquires Lusacell

AT&T announces major $2.5 billion acquisition that takes it into uncharted territory

By on November 7, 2014 at 5:00 PM.

AT&T announces major $2.5 billion acquisition that takes it into uncharted territory

AT&T on Friday afternoon announced a major deal that, if approved, will see the United States’ No. 2 wireless carrier become a major player in Mexico as well. The company announced that it has reached a deal to acquire Mexican wireless service provider lusacell from Grupo Salinas for $2.5 billion. The deal includes all of lusacell’s spectrum licenses, network assets and retail stores. lusacell currently serves 8.6 million subscribers and, according to AT&T, its network covers 70% of the population of Mexico. More →

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Apple GT Advanced Bankruptcy Filing

The saga of Apple and its bankrupt sapphire supplier gets weirder by the day

By on November 7, 2014 at 3:55 PM.

The saga of Apple and its bankrupt sapphire supplier gets weirder by the day

There’s nothing funny about a company going bankrupt in and of itself, but we have to admit the dispute between Apple and its now-bankrupt sapphire supplier GT-Advanced Technologies is actually pretty amusing simply because it’s so strange. In the first place, we found it a bit funny when Apple said it was “surprised” that GT decided to file for bankruptcy since it was apparently a withheld Apple payment that sent the company into a downward spiral. Now 9to5Mac has highlighted some more strange details of the feud between the companies that allegedly show how Apple employs comically brutal negotiating tactics with suppliers. More →

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Sprint Earnings Report SoftBank

Sprint’s stench is rubbing off on SoftBank too

By on November 4, 2014 at 7:45 PM.

Sprint’s stench is rubbing off on SoftBank too

It’s been more than two years since Japanese mobile powerhouse SoftBank bought Sprint and the carrier is still a complete mess that’s losing both money and postpaid subscribers each quarter with depressing regularity. Now Bloomberg reports that the sick man of American wireless isn’t just hurting itself anymore but is now hurting its parent company — or, some might say, its Framily company. More →

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Opinions
Microsoft Dropbox Office Deal

Microsoft’s huge Dropbox deal is the latest evidence Nadella is much wiser than Ballmer

By on November 4, 2014 at 5:50 PM.

Microsoft’s huge Dropbox deal is the latest evidence Nadella is much wiser than Ballmer

Former Microsoft CEO Steve Ballmer was a very bright guy and capable CEO who also had a very bad habit of casually brushing off competitors who actually deserved to be taken very seriously. Recall his infamous dismissals of the iPhone and of Android, for example, to see how Ballmer ridiculing a product became a reverse-kiss-of-death — in other words, Ballmer trashing a rival offering was almost a guarantee that it would become a success. More →

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Sprint Q2 2014 Earnings

Despite its new CEO, Sprint continues to be an unmitigated disaster

By on November 3, 2014 at 4:18 PM.

Despite its new CEO, Sprint continues to be an unmitigated disaster

Sprint may have a new CEO, but it’s still putting out the same dismal quarterly earnings reports. In its fiscal Q2 2014 earnings released Monday, Sprint posted a net loss of $0.19 per share, or more than triple the consensus estimate of a loss of $0.06 per share. The company also missed on its revenue expectations as its quarterly revenues of $8.49 billion were less than the consensus estimate of $8.59 billion.  More →

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Google Andy Rubin Quits

Andy Rubin calls it quits, ditches Google to build his own hardware incubator

By on October 31, 2014 at 6:50 AM.

Andy Rubin calls it quits, ditches Google to build his own hardware incubator

Andy Rubin, the co-founder of Android and former Android Guru inside Google, is leaving the company to start a tech incubator for start-ups that want to build hardware, The New York Times reports. After being removed from the Android team last year and replaced with Sundar Pichai, Rubin was put in charge of Google’s new robotics division. More →

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Featured
What It's Like To Work At Apple

Anonymous Apple employees reveal what it’s like to work for Tim Cook

Anonymous Apple employees reveal what it’s like to work for Tim Cook

By on October 30, 2014 at 9:15 AM.

Despite the fact that all of its products now leak long before they are formally announced, Apple remains one of the most secretive technology companies in the world. Of course, it makes sense that the most valuable company in the United States would want to protect its secret sauce, so one can’t exactly blame Apple for closing itself off to the public, for the most part.

Then again, when a company is as secretive as Apple, it makes the private bits and pieces that do manage to trickle out far more tantalizing — and some juicy bits and pieces were shared recently when several anonymous Apple employees shared some details surrounding what it’s like to work for Apple CEO Tim Cook. More →

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Samsung Q3 2014 Earnings Analysis

Samsung’s nightmare scenario is unfolding right before our eyes

By on October 30, 2014 at 8:15 AM.

Samsung’s nightmare scenario is unfolding right before our eyes

Halloween has come a day early for Samsung as it released a truly scary earnings report that saw its operating profit tumble by 60% and its revenue fall by 20%. These top-line numbers don’t tell the full story of what’s really happening with Samsung, however — in reality, the company’s nightmare scenario is coming true at a truly stunning speed. More →

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Tim Cook on Being Gay and Equality

This is the most important and inspirational personal announcement Tim Cook has ever made

By on October 30, 2014 at 7:40 AM.

This is the most important and inspirational personal announcement Tim Cook has ever made

Apple CEO Tim Cook on Thursday made a surprising announcement in an opinion piece on Bloomberg Businessweek, which is very much in line with his many public notes in the recent past about diversity at the workplace. “While I have never denied my sexuality, I haven’t publicly acknowledged it either, until now. So let me be clear: I’m proud to be gay, and I consider being gay among the greatest gifts God has given me,” Cook said  in the essay. More →

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Samsung Earnings Q3 2014

Samsung’s Q3 profit nosedives, stock soars

By on October 30, 2014 at 7:25 AM.

Samsung’s Q3 profit nosedives, stock soars

Investors sent Samsung shares soaring more than 4.5% on Thursday as the company reported dismal third-quarter earnings… that were thankfully less dismal than analysts were expecting. In a world where the high end of the smartphone market is being squeezed by more capable mid-range and low-end phones, Samsung’s response has been to flood the market with cheaper low-margin phones. How did that work out? In the third quarter, Samsung’s operating profit plunged 60% on year to $3.9 billion and its revenue slid 20% to about $44.6 billion. More →

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Apple Pay Vs. CVS Rite Aid

Walgreens will happily take the Apple Pay customers that CVS and Rite Aid don’t want

By on October 29, 2014 at 9:15 PM.

Walgreens will happily take the Apple Pay customers that CVS and Rite Aid don’t want

Although CVS and Rite Aid both shut off the NFC payment receptors over the weekend, you can still use services such as Apple Pay at Walgreens, which just happens to be one of those two pharmacies’ main competitors. And don’t think that Walgreens doesn’t know this — its official Twitter account on Tuesday sent out a message letting everyone know that all iPhone 6 and 6 Plus users can “use Apple Pay today at any one of our stores.” The company also helpfully posted a link showing you how to find all the Walgreens stores located nearest you, although that link also happened to be for Apple Maps, so you may want to double check with another service before making your drive. More →

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Apple Pay Vs. MCX CurrentC App

MCX says its Apple Pay rival is being bashed because it’s ‘challenging the status quo’

By on October 29, 2014 at 4:26 PM.

MCX says its Apple Pay rival is being bashed because it’s ‘challenging the status quo’

You may think that Merchant Customer Exchange members are being heavy handed in blocking Apple Pay and Google Wallet from their stores because they want to promote MCX’s own CurrentC mobile payment platform. But according to MCX, that’s not the case — instead, these merchants are trying to shake up the mobile payments industry. More →

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