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T-Mobile ahead of schedule with MetroPCS merger
Tuesday, June 18, 2013
T-Mobile previously announced that it plans to shut down MetroPCS’s CDMA network by 2015 and repurpose the spectrum to expand its 4G LTE coverage. The carrier revealed last week that its plan to migrate subscribers from CDMA to HSPA+ and devices is already ahead of schedule, however, and it’s trying.. .. read more..
Sprint sues Dish, Clearwire as key deadline looms
Tuesday, June 18, 2013
By Jonathan Stempel and Sruthi Ramakrishnan (Reuters) - Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp. The lawsuit filed on Mond.. .. read more..
Third Point raises Sony stake, presses for entertainment spin-off
Tuesday, June 18, 2013
TOKYO (Reuters) - New York-based hedge fund company Third Point said it had raised its stake in Japan's Sony Corp and asked for an opportunity to present its proposal to Sony's board for a partial spin-off of the company's entertainment unit. The move comes after Third Point, a $13 b.. .. read more..
Chinese supercomputer named as world's fastest
Tuesday, June 18, 2013
BEIJING (AP) — China has built the world's fastest supercomputer, almost twice as fast as the previous U.S. holder and underlining the country's rise as a science and technology powerhouse. .. read more..
Google settles lawsuit over planned stock split
Tuesday, June 18, 2013
Google has settled a lawsuit brought on by shareholders after the company announced plans for a stock split earlier this year, Reuters reported. Investors were initially upset with Google and claimed the split would give founders Larry Page and Sergey Brin more control of the company. Google announc.. .. read more..