Clearwire Banks Another $734 Million
Dec 14, 2011, 8:54 AM by Eric M. Zeman
Clearwire says that its recent stock offering has brought in a total of $734 million in new capital for the WiMax network operator. The stock offering itself captured $402.5 million. Clearwire received an additional $331.4 million in proceeds from Sprint's exercise of preemptive right to purchase 173.6 million shares of Class B Common Stock. The funds will be used to run the business as well as help it build out its planned TDD-Long Term Evolution 4G network.
May 27, 2020
This summer, Samsung will launch Samsung Money by SoFi, a new financial product integrated with Samsung Pay. Like Apple Card, Samsung Money can be used as a payment method with the wallet app (Samsung Pay), the account is managed within the wallet app, and the product also includes a physical payment card.
Apr 1, 2020
T-Mobile has officially completed its merger with Sprint. For the moment, the merger has little effect on customers, but "Sprint" lives only as a brand of T-Mobile, not a separate company.
Feb 5, 2021
A new company called Metalenz has developed a unique flat lens technology that is well on its way to revolutionizing the infrared 3D depth cameras used in many phones. The flat lens technology is much smaller than the traditional lens systems, and offers better performance.
Nov 18, 2020
Google today launched a major revamp of its Google Pay app with a new interface and several major new features. Instead of a stack of cards and list of transactions, the new interface centers around the people and businesses you exchange money with, with a conversation-style interface for each person, group, and business.