In the wake of a record $5 billion EU antitrust fine, Google parent company Alphabet was still able to post a 25% increase in revenue at the end of Q2 (against that same period last year). Financial results for the third quarter of 2018 are in and despite strong profits, Alphabet missed its targets and share prices fell somewhat. Read More
If you use Google Finance to keep track of your investments using the portfolio feature, you're soon going to be disappointed. The platform is under renovation and will presumably get a number of design and functional changes. The only thing we know for sure, however, is that the My Portfolio page will no longer be available come mid-November. Read More
We've heard rumors that Sprint is considering outbidding T-Mobile for MetroPCS's affection. Just in case that doesn't work, though, Sprint wants us to know that there is another plan in the works: being purchased by Softbank. Since most of you likely aren't up to date on Japanese telecoms, here's the deal: Softbank is a Japanese telecom. The third largest wireless carrier in the country, so a bit of a kindred spirit with Sprint. Now, the Japanese company may be interested in purchasing big yellow. Rumors broke earlier today, and now Sprint has sent out this brief press release to confirm:
Sprint (NYSE: S) today confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint.