AT&T to run wireless, media as separate units – source AT&T to run wireless, media as separate units – source AT&T Inc (T.N) will run its wireless and DirecTV satellite television businesses separately from Time Warner Inc’s (TWX.N) media assets following its $85.4 billion acquisition of the entertainment group, a […]
Buffett, Malone explore investment in Sprint: sources Buffett, Malone explore investment in Sprint: sources Warren Buffett’s Berkshire Hathaway Inc and John Malone’s Liberty Media Corp are exploring an investment of between $10 billion and $20 billion in U.S. wireless carrier Sprint Corp, people familiar with the matter said. Masayoshi Son, the […]
Sprint launches new leasing options for cost-conscious consumers Sprint Corp said on Friday that it was launching new leasing options aimed at price-sensitive customers who want to upgrade their phones more often, the carrier’s latest effort to lure subscribers in an oversaturated market for wireless service. The No. 4 U.S. […]
U.S. lawmaker calls for hearing on Amazon’s Whole Foods deal The top Democrat on the U.S. House of Representatives’ antitrust subcommittee has voiced concerns about Amazon.com Inc’s (AMZN.O) $13.7 billion plan to buy Whole Foods Market Inc (WFM.O) and is pushing for a hearing to look into the deal’s impact […]
Calls for law change after Indians left in dark over data leaks Calls for law change after Indians left in dark over data leaks Fears Indian telecom upstart Reliance Jio suffered a major data breach, compromising the personal data of over 100 million customers, have prompted calls for India to adopt […]
Global automakers call on China to ease “impossible” electric car rules Global automakers have urged China to delay and soften planned quotas for sales of electric and hybrid cars, saying its proposals will be impossible to meet and would severely disrupt their businesses, according to a letter seen by Reuters. […]
Uber and Yandex to combine ride-hailing in Russia and beyond Uber and Yandex, the “Google of Russia”, have agreed to combine their Russian ride-sharing businesses, with Yandex the leading partner in a deal that extends to five nearby markets. The deal marks another pullback from Uber’s breakneck global expansion, a […]
Snap shares draw bullish options bets after slipping below IPO price Options traders were placing bets this week that shares of Snap Inc (SNAP.N) were primed for a rebound after slipping below their initial public offering price of $17. Shares of the Snapchat parent have slumped since a red-hot March […]
Japan’s NEC considers buying Civica for $1.2 billion – Sky News Japanese information technology company NEC Corp is looking at buying British software firm Civica for 900 million pounds ($1.2 billion) and has hired advisors to work on an offer, Sky News reported. An auction for Civica, one of the […]
Internet TV company Roku hires banks for 2017 IPO: sources Internet television company Roku has hired investment banks to lead an initial public offering that could come later this year as it aims for a valuation of more than $1 billion, sources familiar with the matter said. An IPO will […]
