Filmmaking duo Phil Lord and Chris Miller, after winning an Oscar for producing Spider-Man: Into the Spider-Verse, have signed a first-look deal with Universal Pictures. This marks the first overall feature deal for the duo who not long ago did a five-year overall television deal with Sony Pictures Television. Lord and Miller previously chaired 21 […]
Texas has joined 14 other states in suing to block the merger of T-Mobile and Sprint. New York Attorney General Letitia James announced that “[Texas] Attorney General Ken Paxton will assume a key leadership role in this case, along with [California] Attorney General Becerra and myself”. “After careful evaluation of the proposed merger and the […]
Samsung, the world’s biggest smartphone and memory chip maker said operating profit fell 56% from a year earlier. The results reflect a broader industry slowdown, weighed down by the US-China trade war along with a looming trade battler between Seoul and Tokyo. Japan recently imposed export curbs on certain industrial materials used in semiconductors and […]
The Pentagon has put on hold awarding $10 billion JEDI cloud computing contract, after President Donald Trump suggested the Defense Department might have rigged the contest in favor of Amazon. You do not been to be a new junkie to know Trump is not a fan of Amazon, nor its founder and CEO Jeff Bezos […]
Apple posted a small gain in sales for the third quarter of the year. For first time since 2012, iPhone sales represent less than half of company’s overall sales. While iPhone sales dipped, the company made up the difference in sales of services and software. Sales rose 1% to $53.8bn, while net profit dropped 13% […]
The firm behind TikTok, fastest-growing social media, has announced it is branching out into making smartphones. TikTok developer ByteDance is making the move after acquiring patents and employees from device-maker Smartisan. ByteDance owns several other popular AI-based video and news apps, such as Slack alternative Lark, video-chat app Flipchat, and news aggregator Toutiao. The TikTok […]
Virgin’s Hyperloop One company has signed a deal with the government of Saudi Arabia to build a test track for its futuristic transport concept. The hyperloop concept involves a pressurized pod with a vehicle carrying passengers or cargo up to 10 times faster than current rail. A 35km track will be built, alongside a research […]
The $26.5 billion merger between T-Mobile and Sprint appears to about to happen. Bloomberg reports this morning that Dish Network will pay a total of $5 billion to create a new prepaid wireless provider. $1.5 billion will go toward a seven-year MVNO deal with T-Mobile that will allow Dish to sell wireless service using the T-Mobile […]
Federal Trade Commission (FTC) has levied a record $5 billion fine on Facebook has as part of a settlement over the Cambridge Analytica scandal. The social network will also be required to establish an independent privacy committee that CEO Mark Zuckerberg will have no control over. The deal comes amid growing calls in Washington for […]
The Justice Department could announce approval of the T-Mobile/Sprint merger as soon as this week, according to the Wall Street Journal. The deal would require the companies to sell radio spectrum licenses and prepaid customers to Dish, and grant Dish use of the companies’ networks while it builds its own.
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