Sprint to Drop 'Nextel' Name, Says No Lay-Offs Planned
Sprint has revealed via filings with the Securities and Exchange Commission that it is not planning to lay off any employees as part of its financing deal with Japan's Softbank. Softbank announced last month its intent to purchase a 70% stake in Sprint. Sprint does not expect that there will be any material changes for its existing employee base as the transaction takes place. Also in the SEC filings, Sprint said it intends to officially drop "Nextel" from its legal name (Sprint Nextel Corporation), and will use just "Sprint" (Sprint Corporation) moving forward. Sprint and Softbank expect the transaction to close by the middle of 2013.
Google Reveals Enterprise Features in Android P
May 22, 2018
Google today provided more information about business features baked into Android P. To start, Android P makes it easier for businesses to set up, manage, and keep separate work and personal profiles.
Facebook's New Marketplace Is Your Online Garage Sale
Oct 3, 2016
Facebook today announced Marketplace, a dedicated place for people to sell and buy goods in their local community. Marketplace is an evolution of swap-and-sell services that have sprung up within Facebook Groups over the last few years.
Gmail for Android Gains Microsoft Exchange Support
Apr 25, 2016
Google today said the global Android Gmail app is set to add support for Microsoft Exchange. "Whether you're on Google Apps or Exchange, you can use the Gmail app on any Android device to send and receive mail," said Google in a blog post.
Japan's SoftBank to Buy UK's ARM for $32 Billion
Jul 18, 2016
SoftBank today announced plans to buy ARM Holdings for $32 billion. SoftBank runs one of Japan's largest wireless networks and is the parent company of Sprint in the U.S., while ARM designs and licenses the Cortex-branded mobile processors often found in today's smartphones and tablets.
SoftBank Looking to Raise $18B with Wireless Unit IPO
Jan 15, 2018
SoftBank Group, the parent company of Sprint, is weighing whether or not to offer shares in its own Japan-based wireless company. Under the direction of CEO Masayoshi Sun, SoftBank has transformed itself in recent years into an investor in technology companies.