A combination of Softbank and Sprint will have revenue equal to AT&T and behind only China Mobile and Verizon worldwide.
A year ago AT&T (T) was preparing an antitrust defense of its proposed takeover of T-Mobile USA. Now, after regulators blocked the deal, AT&T is bracing to protect its position in the U.S. wireless industry from new competition.
T-Mobile agreed this month to partner with MetroPCS (PCS) while Japan's Softbank on Sunday announced that it was investing billions for a controlling stake in Sprint Nextel (S), the U.S. mobile industry's No. 3 player.
Softbank's $8 billion infusion into Sprint revitalizes the U.S. company's finances. It also energizes Sprint's competitiveness as an alternative national carrier to industry stalwarts AT&T and Verizon Communications (VZ).
Lenovo has closed the gap and may be the largest computer manufacturer. A bigger issue is whether either company can come up with a product to revive flagging PC sales.
Lenovo shipped 13.7 million PCs during the quarter (up nearly 10% from a year ago) to nab a 15.7% market share, Gartner said, while HP shipped 13.6 million units for a 15.5% share.
Bears lament the Internet retailer's razor-thin margins. But the stock lets investors sleep at night.
By Rocco Pendola
On Wednesday night at 9 p.m., I ordered a Samsung television set from Amazon.com (AMZN).
The Amazon bots initially slated delivery for Saturday. However, just over four hours after placing the order, I received confirmation that my oder had been shipped and would arrive Friday.
A partnership on a new high-resolution super slab could challenge Apple's dominance at the high end of the market.
Supply-chain checks suggest that Google is working with Samsung (SSNLF) to co-brand a 10.1-inch Nexus tablet intended to compete with the full-sized iPad, CNET reported.
"It's going to be a high-end device," Richard Shim, an analyst at NPD Display Search, told CNET. The new Nexus reportedly will have a higher pixel density than the Retina display featured on the latest version of the iPad.
The company's hardware and software changed the way the world consumes media. Here's a look at the best Apple products of all time.
With Apple (AAPL) reportedly getting set to announce an iPad Mini, the personal technology pioneer may have another hit product on its hands.
Apple has given us some of the best-selling products of all time, revolutionizing whole industries in the process. Music, phones, computers and advertising have been greatly affected by Apple.
Copyright © 2013 Microsoft. All rights reserved.
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[BRIEFING.COM] S&P futures vs fair value: +2.30. Nasdaq futures vs fair value: +9.00. Recent action saw index futures trim their pre-market gains. At this juncture, the S&P 500 futures trade two points above fair value.
Markets ended mixed across Asia as a lack of tradable data and news made for an uneventful session.
- Japan's Nikkei added 0.4% as the yen fell to a fresh five-year low against the dollar. Heavyweight fast retailing provided support, climbing ... More
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