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.
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.
Jun 18, 2019
Facebook today announced Libra, a new digital currency that aims to combine the best features of other cryptocurrencies in order to be more consumer-friendly. The currency will be administered by the Libra Association, a new non-for-profit based in Geneva.
Feb 25, 2018
All four major carriers in the U.S. plan to sell the Samsung Galaxy S9 and S9+ beginning in March.
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.
Jan 8, 2020
Certain materials used in current phone cases can block the mmWave frequencies used in some 5G networks. D3O has developed a new, less-dense version of its D3O shock-absorbing material that lets mmWave 5G signals pass through unimpeded.