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A fake press release says the chipmaker is pulling out of its $6 billion investment because of the "destruction and loss of life resulting from Israel's recent assault on Gaza."
The company will sell customers to competing cable companies, including Charter Communications, which would become the second-largest cable provider in the country.
The maker of mobile chips and now smartwatches, too, gets itself a much larger war chest for patent lawsuits or cross-licensing deals.
AT&T is looking to unload spectrum and customers as it tries to salvage its planned acquisition of T-Mobile USA.
Coverage changes and higher prices aren't the only possible consequences of T-Mobile-AT&T merger. Some customers may find that the combined carrier no longer offers service in their area.
The FCC follows the lead of the Justice Department and approves Verizon's $3.9 billion bid to buy wireless spectrum from cable operators. But the agency also includes a few conditions.
RIM acquired NewBay back in October for around $100 million, according to reports. Whether it'll be able to get that same amount back remains to be seen.
The Wall Street Journal reports that the Justice Department is concerned about co-marketing arrangements in Verizon's $3.9B bid to buy wireless spectrum from cable operators.
There's lots for regulators to love about Verizon's plans to swap spectrum with T-Mobile. But could the co-marketing piece of Verizon's cable spectrum deal threaten to derail Verizon's big plans?
Restoring the fortunes of the pioneering Internet company takes a lot more than ejecting a high-profile executive. The rank and file, too, are key to Yahoo's fate.