The app, which allows users to send self-destructing videos and picture messages, has reportedly drawn big offers from the tech giants, who covet its youthful user base.
The underdog wireless company will sell off 72.8 million shares to buy more bandwidth for its growing customer base.
In the age of 'nomophobia,' more pedestrians are struck by cars, mobile shopping is an evening pastime and checking one's phone has replaced quiet reflection.
Judging by her performance at the luxury fashion retailer, Angela Ahrendts is worth the fortune that Apple is probably paying her.
2 of the 3 biggest players in the hyper-competitive wireless industry face significant headwinds.
Hurricane Sandy took out power supplies, servers, access and even the East Coast's online snark.
The movie streaming company said CEO Reed Hastings will receive fewer stock options in 2012. Regulators approve AT&T's plan to buy wireless spectrum from Qualcomm.
Opposition from the Obama administration over competition and job losses proves too big to overcome. The companies say more capacity to handle growing mobile usage is needed. Sprint is a winner; shares jump.
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