May 23
The Apple deal to acquire Beats, which was supposed to have happened weeks ago, has dragged out far too long. If a deal were to be made, we expect it … Continue reading
May 23
No stranger to big acquisitions, Google is said to be interested in Satellite start-up Skybox. The deal, reportedly worth $1 billion, would roll the service in-house, and likely keep a … Continue reading
Dec 13
Verizon thought to be planning Netflix acquisition
Posted in: mobile, netflix, streaming, Today's Chili, verizonEver since YouTube started getting really popular, consumers have been enjoying streaming video, and network providers have been complaining about how much bandwidth such services use. Some have even gone so far as to demand any company offering streaming media pay for use of a network. So far such demands have fallen on deaf ears, […]
Dec 12
Dish Network surfaces as possible Plan B for T-Mobile if AT&T merger falls through
Posted in: att, hdpostcross, merger, mobilepostcross, partnership, t-mobile, TMobile, Today's Chili
Dish Network had reportedly been considered a potential candidate to receive divested T-Mobile assets from AT&T if it couldn’t secure initial approval of its acquisition from the government. Dish, however, has publicly opposed the acquisition — and now it’s clear that there were some ulterior motives in wanting to see the merger fall through, because Bloomberg reported this morning that the satellite provider wants to merge its spectrum assets with T-Mobile if things don’t go so rosy in the acquisition. According to CEO Joseph Clayton:
We want to… create a national wireless network, video, voice and data. We’ve got expertise in satellite TV, and we will in satellite broadband. The voice part, we’ll need some help with.
A partnership with T-Mobile would ideally help both companies: it would help Dish get one step closer to its goal of a wireless network that bundles smartphones, tablets and satellite under the same umbrella, and would cast a bright light on T-Mobile’s questionable future. How does “Ollo” with LTE-Advanced on Magenta sound?
Dish Network surfaces as possible Plan B for T-Mobile if AT&T merger falls through originally appeared on Engadget on Mon, 12 Dec 2011 14:14:00 EDT. Please see our terms for use of feeds.
Permalink | 
Bloomberg | Email this | Comments
Dec 12
FCC restarts review clock for AT&T’s spectrum purchase, gives itself 180 days
Posted in: att, business, carrier, deal, government, industry, lte, mobilepostcross, money, network, qualcomm, t-mobile, Today's Chili
Back in August, the FCC decided to freeze the 180-day review clock on AT&T’s proposed acquisition of Qualcomm’s 700 MHz spectrum, citing lingering concerns over the carrier’s ongoing T-Mobile saga. Now that AT&T and Deutsche Telekom have withdrawn their merger application, however, the Commission has decided to re-open the review period for the Qualcomm acquisition, giving itself a fresh 180 days to make a decision. In a letter published Friday, Wireless Bureau chief Rick Kaplan announced that the timetable would be reset, with a retroactive start date of November 29th — the very day that the FCC granted AT&T’s pullout from the T-Mobile deal. No word yet on when we can expect a decision, but we’ll be keeping an eye out for the latest developments. Read the letter in full at the source link below.
FCC restarts review clock for AT&T’s spectrum purchase, gives itself 180 days originally appeared on Engadget on Mon, 12 Dec 2011 12:41:00 EDT. Please see our terms for use of feeds.
Oct 31
Motorola Mobility to drop 800 jobs
Posted in: earnings, Google, motorola, Today's Chili
Motorola Mobility has issued a regulatory filing outlining the loss of 800 jobs. The cut will cost the handset manufacturer $31 million — that number includes $27 million in severance and $4 million to close locations. The reason for the cuts? Bloomberg suggests that it’s part of an attempt to lower costs, as the company readies itself to join the Google family — a decision Motorola’s board will vote on in the middle of next month. This news follows last week’s earnings report, in which the mobile company reported a $32 million net loss — not the greatest financial report, sure, but a marked improvement over the prior quarter’s $56 million loss.
Motorola Mobility to drop 800 jobs originally appeared on Engadget on Mon, 31 Oct 2011 09:15:00 EDT. Please see our terms for use of feeds.
Permalink 
Phone Scoop | Business Week | Email this | Comments
Oct 29
Apple reportedly acquires C3 Technologies, iOS Maps overhaul on the horizon?
Posted in: Apple, ios, Ios5, ipad, iPhone, maps, mobilepostcross, navigation, rumor, Today's Chili
Last we saw of C3 Technologies’ 3D mapping software it was making an appearance on Sony Ericsson’s X10, but if 9to5Mac turns out to be right, its next stop could be the iPhone. According to the publication, Cupertino recently scooped up the Saab spin-off and C3 execs have since been working closely with the iOS division. Earlier this year, Apple posted job listings, looking for developers to “radically improve how people interact with maps and location-based services.” On a related note, the outfit previously acquired Poly9, a web-based mapping company. So is the fruity one looking to up its street (navigation) cred? Is it finally ready to give Google Maps the boot? We’ll just have to wait and see.
Apple reportedly acquires C3 Technologies, iOS Maps overhaul on the horizon? originally appeared on Engadget on Sat, 29 Oct 2011 19:04:00 EDT. Please see our terms for use of feeds.
Permalink | 9to5Mac | Email this | Comments
Oct 27
Motorola Mobility reports $3.3 billion in revenue and $32 million net loss, offers more details on Google buyout
Posted in: earnings, Google, mobilepostcross, motorola, Today's Chili Just in time for the company to be acquired by Google, Motorola Mobility is beginning to right the ship, as evidenced by today’s quarterly earnings report. The company reported total net revenues of $3.3 billion — precisely the same amount earned last quarter, incidentally, and up 11 percent from this time last year — and a GAAP net loss of $32 million. While the number may put frowns on a few faces, it’s still an improvement from Q2’s loss of $56 million, and more than half ($18 million) of the losses were attributed to expenses from the Google acquisition. Mobile device revenues are up 20 percent year-over-year and 11.6 million devices were shipped, including 4.8 million smartphones and 100,000 Xoom tablets.
On the regulatory front, Moto offered a few new details about the progress of the company’s acquisition. It announced that it will hold a meeting with stockholders on November 17 to gain approval of the Google merger, and — pending antitrust clearance by the US Department of Justice, the EU and several other government entities — expects to close the transaction by the end of this year or early 2012 at the latest. Check out all of the numbers after the break.
Motorola Mobility reports $3.3 billion in revenue and $32 million net loss, offers more details on Google buyout originally appeared on Engadget on Thu, 27 Oct 2011 16:32:00 EDT. Please see our terms for use of feeds.
Permalink | Motorola | Email this | Comments
Oct 27
Office of Fair Trading gives thumbs up to Amazon’s purchase of The Book Depository
Posted in: amazon, merger, minipost, Today's Chili
Amazon may have faced stiff opposition to its plans to acquire British online bookseller The Book Depository, but one of those not standing in its path is the Office of Fair Trading. Over protests from the UK Booksellers Association, Publishers Association and Independent Publishers Guild, the OFT approved the purchase, saying that the acquisition would not form a de facto monopoly. While Amazon’s market share is “strong” its newest purchase only holds between two- and four-percent — hardly making it a competitor of the internet giant. The Book Depository will continue to operate as an independent entity for the foreseeable future, but our friends across the pond now have one less option if they choose not to do business with Bezos.
Continue reading Office of Fair Trading gives thumbs up to Amazon’s purchase of The Book Depository
Office of Fair Trading gives thumbs up to Amazon’s purchase of The Book Depository originally appeared on Engadget on Thu, 27 Oct 2011 14:55:00 EDT. Please see our terms for use of feeds.
Oct 27
LSI acquires SandForce for $370 million, looks to step up its SSD game
Posted in: business, deal, flash, green, minipost, money, solid state drive, SolidStateDrive, SSD, Today's Chili
SandForce has been behind many an SSD in its day, but it looks like it’s finally about to settle down, and get hitched. Yesterday, LSI announced plans to acquire the flash storage company, as part of a $370 million agreement. The deal brings SandForce’s processors and energy efficient DuraClass technology under LSI’s roof, giving the semiconductor designer some new flash firepower and an extra boost into a burgeoning market. Tangible results, of course, remain to be seen, though it’s certainly not the first time these two have danced. SandForce, after all, provided the motor for LSI’s WarpDrive lineup, and will presumably do much more, once the deal goes through. Pending regulatory approval, the acquisition should be finalized by the first quarter of 2012. Full PR after the break.
Continue reading LSI acquires SandForce for $370 million, looks to step up its SSD game
LSI acquires SandForce for $370 million, looks to step up its SSD game originally appeared on Engadget on Thu, 27 Oct 2011 02:45:00 EDT. Please see our terms for use of feeds.
Permalink Forbes | Reuters | Email this | Comments
Who's in charge here?
This is site is run by Sascha Endlicher, M.A., during ungodly late night hours. Wanna know more about him? Connect via Social Media by jumping to about.me/sascha.endlicher.