Showing posts with label dead. Show all posts
Showing posts with label dead. Show all posts
Monday, December 19, 2011
AT&T DROPS BID TO ACQUIRE T-MOBILE
AT&T says it is ending its $39 billion bid to buy T-Mobile USA after facing fierce government objections. AT&T's purchase of T-Mobile from Deutsche Telekom of Germany would have made it the largest cellphone company in the U.S. AT&T is currently the country's second-largest wireless carrier, while T-Mobile is the fourth-largest.
The Justice Department sued to block the merger on Aug. 31, saying it would reduce competition and lead to higher prices. Last month, the companies withdrew their application to the Federal Communications Commission after its chairman also opposed the deal.
It is unclear if AT&T will still have to pay T-Mobile the exhorbitant break up fee or not. Also in question is the rumor about AT&T and T-Mobile creating a joint venture.
Labels:
acquisition,
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dead,
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tmobile
Thursday, October 6, 2011
RIP: STEVE JOBS 1955 - 2011
From MSNBC.com
Steve Jobs saw the future and led the world to it. He moved technology from garages to pockets, took entertainment from discs to bytes and turned gadgets into extensions of the people who use them.
Jobs, who founded and ran Apple, told us what we needed before we wanted it. "To some people, this is like Elvis Presley or John Lennon. It's a change in our times. It's the end of an era," said Scott Robbins, 34, a barber and an Apple fan. "It's like the end of the innovators."
Apple announced his death without giving a specific cause. He died peacefully on Wednesday, according to a statement from family members who were present. He was 56.
"Steve's brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives," Apple's board said in a statement. "The world is immeasurably better because of Steve."
President Barack Obama — who described the musical contents of his iPod to Rolling Stone in 2008 and famously gave one of the gadgets to Queen Elizabeth II as a gift the following year — said in a statement that Jobs "exemplified the spirit of American ingenuity."
"Steve was among the greatest of American innovators — brave enough to think differently, bold enough to believe he could change the world and talented enough to do it," he said.
Jobs had battled cancer in 2004 and underwent a liver transplant in 2009 after taking a leave of absence for unspecified health problems. He took another leave of absence in January — his third since his health problems began — and resigned in August. Jobs became Apple's chairman and handed the CEO job over to his hand-picked successor, Tim Cook.
Labels:
Apple,
dead,
death,
rip,
steve jobs
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