I’m sure the former Equifax lawyer now investigating Equifax will be completely unbiased
It’s kind of a sad in-joke at this point that there’s a revolving door in Washington between corporations and the federal watchdogs that are supposed …
Business
PayPal takes on Square with massive $2.2B iZettle purchase
PayPal just confirmed that it’s buying Swedish payments startup iZettle for $2.2 billion in an all-cash transaction, which would make it PayPal’s biggest purchase ever. …
AT&T is making streaming as complicated as cable
The writing is most decidedly on the wall for traditional cable packages. Existing subscribers are hemorrhaging by the month, young people aren’t signing up in …
Wow, I wonder why AT&T and Verizon aren’t worried about that mammoth Sprint-T-Mobile merger
T-Mobile and Sprint know that they face an uphill battle in persuading regulators that they should be allowed to merge. Most competition theory suggests that …
Comcast is charging $90 to plug in your modem and I’m not even angry any more
There’s only so many times that you can write about Comcast acting like a rent–seeking monopolist before reaching the point where nothing will surprise you …
Amazon just gave you a Whole Foods reason to get Prime
If you’re not an Amazon Prime subscriber but love Whole Foods, which is also an Amazon property, you should check out the retailer’s brand new …
More changes coming at Tesla as Model 3 production hits critical phase
Elon Musk has not been pulling any punches when it comes to reorganizing Tesla to finally (hopefully?) start turning a profit. Last month, Musk sent …
Bitcoin prices are tumbling again
Bitcoin has once again fallen below the $9,000 mark as a bad 24 hours of news sent speculative investors scurrying back to their fiat currencies. …
MoviePass is rapidly running out of cash to support its incredible deal
MoviePass, the subscription movie theater service that is far too good to be true, is rapidly running out of money. According to a filing from …
Apple just broke another record on its way to becoming the first trillion-dollar company
Apple’s stock opened at a record high on Monday morning, thanks to a general stock-market rally and some kind words from Warren Buffett last week. …
Jilted investor hits the world’s third-biggest cryptocurrency with a wild lawsuit
Cryptocurrencies, the savior of the world’s financial system or a “noxious poison,” depending on who you talk to, are woefully good targets for fraud. The …
Verizon ‘doesn’t care’ about the Sprint T-Mobile merger
If you listen to what T-Mobile CEO John Legere has been saying about the T-Mobile Sprint merger, Verizon and AT&T should be running scared. “Even …
Tesla isn’t the only one struggling to manufacture cheap electric cars
Unless you have studiously avoided the internet for the last 12 months, you’ve probably run into the dispute over Tesla’s production of the cheap-and-cheerful Model …
Apple beat Samsung in the most important three months of the year
Apple’s long-awaited earnings were finally released yesterday, and the company once again proved that analysts don’t know everything. Despite pessimism about iPhone sales going into …
Tesla earnings: Revenue reaches a new all-time high but company is still losing money
Tesla today released its earnings results for the March quarter and posted revenue of $3.4 billion, easily besting Wall Street estimates which had revenue falling …
Canada’s embarrassingly bad data plans are another reason to hate the T-Mobile-Sprint merger
As you may have heard over the weekend, T-Mobile and Sprint have finally finished their years-long courtship and agreed to tie the knot. The two …
Here’s what analysts are saying about Apple’s Q2 earnings
After yet another long stretch of doom and gloom leading up to Apple’s fiscal second-quarter earnings report on Tuesday, the company racked up yet another …
Comcast is only increasing internet speeds for customers who also pay for cable
As we’ve documented ad nauseam before, cable companies are struggling with falling profits due largely to cord cutting. With over a million customers jumping ship …
Shocker: Cable companies had yet another terrible quarter thanks to cord-cutting
2017 was a bad year for the pay TV industry. Cable and satellite providers saw subscribers leave in record numbers, and despite efforts to blame …
Jan Koum is leaving Facebook and WhatsApp users will end up paying the price
Jan Koum, the other Facebook-made WhatsApp co-founder that’s still working for the giant social network will leave the company over clashes with Mark Zuckerberg about …
Investors are finding new reasons to love Apple now that the iPhone is fading
In the leadup to the iPhone X reveal last year, analysts were visibly salivating at the prospect of an iPhone upgrade “supercycle,” a tidal wave …
Lawsuit blames rising smartphone prices on Samsung price-fixing crucial components
It’s no secret that smartphone prices have been creeping upwards for the last few years. Some analysts blame the creep on manufacturers using increasingly expensive …
Tesla is burning so much cash it could go broke by the end of the year
Tesla is not much like any other car company. It’s eschewed dealerships, the usual pre-production testing, meetings, management structure, and allegedly worker safety in an …
What the ‘new’ T-Mobile network will look like
In case you didn’t hear, T-Mobile and Sprint made it official yesterday. The two smaller wireless networks are becoming one giant behemoth that will be able …
Sprint and T-Mobile are already preparing for an epic showdown with government regulators
Midday Sunday, T-Mobile and Sprint announced that the boards of both companies have approved a merger deal that will take the US from four wireless …
T-Mobile and Sprint just announced their $146 billion merger
Welp, there goes the neighborhood. As expected, T-Mobile and Sprint have agreed on a price and terms, and the merger has been announced. Don’t worry, it’s …
Cable TV prices have been soaring for 20 years, which probably explains why everyone’s cutting the cord
Cable TV is undeniably expensive. With the average bundle sitting around $105, it costs substantially more than a cell plan and some people’s electricity. But …
High-roller investor with a whole 12 shares of TSLA wants Elon gone
Unlike investing all your money in Bitcoin, or stuffing it under the mattress, being a shareholder comes with a few perks. Among them is the …
Report: T-Mobile and Sprint have agreed on a price for the nightmare merger
Sprint and T-Mobile have agreed on pricing for a deal that would value Sprint at $24 billion, according to Bloomberg. If the reports of the details …
T-Mobile and Sprint may announce a merger as soon as next week
The T-Mobile-Sprint will-they-won’t-they merger saga continues with a new episode that teases a happy ending. Apparently, the two carriers who’ve failed to reach a deal …
