SoftBank, a Japanese telecommunications and Internet corporation, has confirmed via a press release and a live event in Tokyo the $20.1bn investment that would give SoftBank a 70% ownership of Sprint. The news hit the rumor mill 3 days ago and was pretty much confirmed by CNBC yesterday. The transaction is expected to close in mid-2013 pending regulatory approval.
Roughly $12.1bn will be paid to the shareholders at $7.30 a share and $8bn will be used to "strengthen Sprint's balance sheet," grow the network, and perform "strategic investments."
Sprint's shares closed at $5.73 last Friday for a +144.87% gain this year so far. Read More
According to a Czech press release unearthed by The Verge, Microsoft may be readying native Office apps for Android. As of right now, the only programs that have mobile versions on the Play Store are OneNote and Lync. Otherwise known as "the ones very few people care about." If this report is to be believed, though, we may see native versions of the entire Office suite.
According to the Verge's translations, Microsoft said this:
"In addition to Windows, Office will be also available on other operating systems, Windows Phone, Windows RT, Mac OS, Android, iOS and Symbian"
Redmond, by way of the Czech Republic, also pointed out that there would be new versions of its Office Web Apps. Read More
The worst kept secret in HTC's recent history, the One X+, was finally officially announced this morning by the Taiwanese manufacturer. Let's take a closer look at what has changed.
The updated One X variant features:
- A beefier Cortex-A9 NVIDIA Tegra 3 AP37 processor running at 1.7GHz (up from 1.5GHz)
- ULP GeForce NVIDIA GPU, running at 520MHz (up from 416MHz)
- 64GB of internal storage (up from 32GB)
- 2100mAh battery (up from 1800mAh), which HTC says may give you up to 6 hours of extra talk time
- 1.6MP front-facing camera (up from 1.3MP)
- Android 4.1 Jelly Bean
- Sense 4+
- 135g - slightly heavier but only by 5 grams (up from 130g)
The rest of the specs remain the same, including a 4.7" 1280x720 display, 1GB of RAM (a real bummer considering Samsung's and LG's latest offerings contain and really benefit from double that), Beats Audio, and an 8MP rear-facing camera. Read More
Earlier today, we received an email with the title "iPhone 5 PR Stunt Ends in Disaster Leaving 21 Homeless." You won't see any spoilers from me - just read:
iPhone 5 PR Stunt Ends in Disaster Leaving 21 Homeless
September 26th, 2012, San Francisco, in a series of "stunts" to gain public attention for a new Apple iPhone 5 and iPad game launch, a startup went overboard causing massive property damage.
Well folks, it's official. In a press release sent out just moments ago, Samsung confirmed that the Galaxy SIII, easily one of the most anticipated smartphones this year, will be available on five major carriers in the US beginning this month.
The carriers, which are expected to make individual announcements in the "coming weeks," include AT&T, Sprint, T-Mobile, Verizon Wireless, and US Cellular. And yes, the SIII's design will be consistent across all carriers. Read More
eReaders have long been plagued with the problem of being damn near useless in low-light scenarios, but thanks to the recently announced NOOK Simple Touch with GlowLight, those days are finally past us. Using a front-lit (as opposed to backlit, which doesn't really work with eInk) display, the new Simple Touch eReader allows you to enjoy the pleasure of eInk reading without having to worry about adequate ambient lighting.
This should be especially good news for those who enjoy reading in bed or during long flights. Read More
Assuming the Google/Motorola merger goes through, Google might want to rethink that whole hands-off approach to managing its new hardware company. According to Motorola's press release, the company saw a net loss of about $80 million, after $3.4 billion in revenue. It's not the worst loss in the world, but shareholders are never happy when they see red.
The tablet sales figures are bad, though. Motorola says in Q4 of 2011, it shipped 200,000 tablets. Read More
Those lucky enough to fly all the way to Hong Kong have been given first access to the Galaxy Nexus Press Release - on a piece of paper.
Here's a picture with full specs.
Here are all the details.
Galaxy Nexus – Main Features
- Android 4.0 Ice Cream
- 4.65-inch HD Super AMOLED Screen with 720p resolution
- 1.2GHz dual-core processor
- Redsigned UI in Android 4.0
- Improved multi-tasking, notifications, Wi-Fi hotspot, NFC support, full web browsing
- Android 4.0 features Software Navigation buttons – brand new
- People App with Google+ Integration among other features
- Redesigned camera with panorama mode, 1080p video, zero-shutter lag, silly faces and background replacement features
- Face Unlock: Facial recognition to unlock your phone!
Google has just announced that it has entered into an agreement to acquire Motorola Mobility for $12.5 billion. The search giant will be paying $40 per share, a premium of 63% from the closing price of Motorola's shares from last Friday. The actual acquisition is expected to take place in late 2011 or early 2012 pending regulatory approvals.
A partnership between the developer of the Android platform and a top 3 Android device manufacturer is likely to light a fire beneath the likes of Samsung, HTC, LG, and other Android partners. Read More
While AT&T and Verizon both announced dual-core devices at CES (Atrix 4G and Droid Bionic, respectively), T-Mobile and Sprint have been quiet about their offerings. It was only through accidental leaks that we found out about the LG Optimus 2X, rebranded as T-Mobile G2x, coming to T-Mobile and the EVO 3D coming to Sprint.
Now, after being spotted at CTIA, the G2x really had nowhere else to hide, so T-Mobile decided to finally officially unveil it to the public. Read More