Corporate and legal

Softbank ups Sprint offer to $21.6B

As the battle between SoftBank and Dish in the takeover of Sprint increasingly heats up, SoftBank has announced that it will raise its offer to from $20.1 billion to $21.6 billion.

SoftBank said Monday that the amended merger agreement will give shareholders a greater value, including greater cash consideration and increased certainty.

Under the new agreement SoftBank said it will deliver an additional $4.5 billion of cash to Sprint stockholders at closing, which brings the total cash consideration available to Sprint stockholders to $16.64 billion. This offer would also give SoftBank a higher stake in Sprint … Read more

Comcast expands Wi-Fi network with new 'neighborhood' initiative

Comcast is making it even easier for its broadband subscribers to access the Internet outside the confines of their homes.

For the past couple of years, the company, along with several other cable operators, has been building out a Wi-Fi network in public areas, such as train platforms and in small businesses such as cafes and retail locations, to allow its broadband customers mobile access to the Internet at no additional charge.

On Monday, the company will make two announcements that will expand this network.

The first is the launch of the new home-based, neighborhood hot-spot initiative, in which subscribers … Read more

AT&T bumps up device upgrade wait time from 20 to 24 months

Following the lead of Verizon Wireless, AT&T has increased the period of time customers must wait to upgrade their devices.

Customers who had previously had to wait 20 months before they were eligible for an AT&T-subsidized device will now have to wait 24 months, the wireless carrier announced on a company blog Sunday. The change applies to all new customers and to existing customers whose contract ends in March 2014 or later.

AT&T said the policy change is intended to align its device upgrade eligibility with its standard two-year wireless contract.

After completing six … Read more

The laughable innocence of Facebook and Google (and us)

I hear wailing.

I think it's coming from all those who believed, in some sweet corner of their minds, that they were changing the world. You know, for the better.

The generation that believed technology was heralding a new togetherness, a new openness, a new freedom, a new transparency is suddenly confronted by the idea that its idols might be something terrible -- yes, pragmatic.

Suddenly, they hear that Facebook, Google, Yahoo, and all the other immature brand names might have been offering information to the government when the government asked nicely -- which hardly seems something new, given … Read more

Google reportedly close to $1.3B acquisition of map app Waze

After months of speculation on who would snap up Waze, Google is reportedly close to acquiring the mobile mapping and navigation company.

The search giant will soon close a $1.3 billion deal for the Israeli startup, according to a report Sunday by the Globes business newspaper in Waze's home country. The acquisition could help the Web giant improve its own mapping services, as well as help prevent encroachment by Facebook, which was reportedly courting Waze last month.

A Google spokesperson declined to comment on the report. CNET has also contacted Waze for comment and will update this report … Read more

The carriers' not-so-secret weapon to improve cell service

When it comes to building out a network to deliver high-speed wireless service, size increasingly doesn't matter.

In fact, the wireless industry, which usually thinks big, has been buzzing about something a bit more diminutive. Wireless executives can't go through a public speech without mentioning them, tech conferences devote whole sections toward them, and one trade group has named itself after the technology in order to draft behind the growing hype.

They're called small cells, and they're poised to dramatically improve your wireless service, bringing higher speeds and more capacity to networks that are facing ever-increasing … Read more

Prosecutor poses as accused killer's ex-girlfriend on Facebook, fired

In order to get a conviction, you gotta do what you gotta do.

Except if what you gotta do is something that your boss in the County Prosecutor's Office thinks you don't gotta do at all.

This seems to be the lesson in the case of the Ohio County Prosecutor who felt that Facebook was the perfect place to get alibi witnesses in a murder trial to admit that, perhaps, their recollections might have been hazy.

As the Cleveland Plain Dealer reports, County Prosecutor Aaron Brockler plainly thought he was doing the right thing by posing as an … Read more

AT&T forecasts gaining 500K new wireless customers in Q2

AT&T said Thursday it expects to report improved TV and Internet subscriber growth for its second quarter from the year-ago period.

The wireless carrier expects to record 500,000 new mobile-phone subscribers in the quarter, the company said in statement. While the company expects its second-quarter wireless earnings before interest and taxes to be on par with its first quarter, it said its overall margins will decline from a year ago due to "customer additions and investments in new growth opportunities."

AT&T said it still expects to record revenue growth of 2 percent in … Read more

Motorola settles DVR patent infringement suit with TiVo

Motorola has settled a patent-infringement lawsuit with TiVo over digital-video recording technology ahead of a patent trial scheduled to begin next week.

TiVo filed a patent-infringement claim against Motorola last October, saying that the Google-owned company's set-top boxes infringed on its patents related to DVR functionality. TiVo argued that were the court to rule in its favor, the "damages claim is likely to run into the billions of dollars."

The settlement, which was first reported by Bloomberg, was confirmed by a Motorola spokesperson, who declined to offer details of the settlement.

"We're pleased that all … Read more

Obama launches high-speed Internet program for all schools

In 2011, Loris Elementary School in Loris, S.C., was ranked 41st in the state among grammar schools with similar demographics. By 2012, it had risen to 19th.

What happened? According to the White House: technology.

Many of the students at Loris Elementary School are from low-income families that don't have the means to give their children all of today's high-tech devices, according to the Obama administration. That's why in 2012 the school decided to introduce a technology blended learning program complete with laptops, software, and Internet access. It's apparently made a difference.

President Barack Obama … Read more