Back in November of last year, The Wall Street Journal reported that Facebook was hoping to be valued at $100 billion after its IPO, and it seems those ambitions have come true. Facebook just Continue reading…
Sprint came very close to acquiring MetroPCS back in February, but according to CEO Dan Hesse, the provider doesn't plan on pursuing similar deals anytime soon. Hesse made the statement during a call Continue reading…
Facebook today inched closer to a long-awaited debut on Wall Street after its stock was approved for listing on the Nasdaq exchange. Form 8-A — signed by Chief Financial Officer David A. Ebersman Continue reading…
Bloomberg is reporting that Deutsche Telekom is in talks to merge T-Mobile USA with MetroPCS, a little more than four months after failing to sell the unit to AT&T. Sources close to the matter tell B Continue reading…
T-Mobile USA issued its Q1 2012 earnings report today, declaring a net increase of 187,000 new customers. That's a rather notable statistic, considering that the carrier reported a net loss of 526,000 Continue reading…
Visa's V.me digital wallet has been in the works for a while now, but it looks like the service has finally begun making its way to market. This week, V.me launched in beta with online retailer Continue reading…
Two days ago, RIM CEO Thorsten Heins unveiled the new BlackBerry 10 platform, but investors don't seem impressed: today, the BlackBerry manufacturer's stock hit an eight-year low of $11.91 on the Continue reading…
Amazon has just released its Q1 earnings statement, and though sales were up 34 percent year-over to $13.18 billion, net income was down 35 percent to $130 million for its first fiscal 2012 quarter Continue reading…
Apple just announced its Q1 2012 results with $11.6 billion in profit from $39.2 billion revenue — a huge increase from the $5.99 billion profit and $24.67 billion revenue reported in Q1 2011. It Continue reading…
After announcing plans to lay off some 2,000 employees earlier this month, Yahoo has now confirmed that it will be closing or consolidating 50 of its sites, as well. CEO Scott Thompson conveyed the Continue reading…
