6
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

Loaded: AT&T takeover of T-Mobile is a dead deal

About Video Transcript

Loaded: AT&T takeover of T-Mobile is a dead deal

2:31 /

Free Wi-Fi for air travel passengers, wearable tech that speaks to your mobile phone, and AT&T's takeover of T-Mobile is a no-go.

It's Tuesday, December 20th, 2011. I'm (Carrie Sevoy?) Cnet.com. And it's time to get loaded. By far the biggest news of the week and maybe even the month is the (fail?) deal between AT&T and T-Mobile. AT&T was forced to withdraw its 39 billion dollar takeover bid after admitting it cannot overcome strong opposition from the justice department and the Federal Communications Commission. Both agencies said that the merger between the second and fourth largest wireless companies would stifle competition. The deal has been in the work since March. AT&T will now have to pay a 4 billion dollar break up fee to T-Mobile. Another tech business news, the investment community has eyes on Zynga. (??) that went public last Friday. The social gaming giant initially offers shares at $10 a piece but is seen that stock price dropped steadily through 2 days of trading. It's been a mixed (back?) for tech IPOs this year. Some like LinkedIn have soared while others like Groupon, Pandora and now Zynga are under performing. It's too late to wrap up this goodie for today the first day of Hanukkah. But Google has announced it will be releasing its own tablet sometime in the next 6 months. (Sherman Eric Schmidt?) was vague about details like whether or not Google will partner with the manufacturing or if the guys will carry the Google brand name. Well, Android based tablets claimed 20% of the tablet market. Not many run Google's most up to date operating system, the ice cream sandwich. Sounds like that could change in 6 months and speaking of gadgets, we just can't live without. Information has recently been linked that both Google and Apple are working on wearable computers. The ideas that this new technology would be able to augment a real world experiences and exchange that information with our mobile devices. For example, the New York Times reports that a small group of Apple employees have discussed to curve glass iPod that can wrap around the wrist. And here we thought (Seria?) was noble. Finally, some good news for air travelers this holiday season. Starting tomorrow, Skype users can access free wi-fi at over 50 US airports. Download the Skype wi-fi app to your PC or IOS device and you're good to go for 1 hour of free Internet use. Check out the Skype blog for list of airports. The promotion runs through December 27th. Those are headlines for today. I'm (Carrie Sevoy?) for Cnet.com.

New releases

2014 BMW i8 (CNET On Cars, Episode 56)
19:02 December 19, 2014
BMW's i8 is definitely a taste of the future -- but whose? We'll shed some light on MPGe, the benchmark for tomorrow's cars. And we...
Play video
Need a new size? Just tap the mirror
1:55 December 19, 2014
In a place where fashion comes first, tech is coming in at a close second. In major department stores and small boutiques, the dressing...
Play video
Did life forms exist on Mars? Curiosity makes a big find, Ep. 187
4:46 December 19, 2014
It's the last Crave show of 2014. This week, Curiosity makes a huge discovery, the US Navy has a shark drone and American satellites...
Play video
Obama: Sony wrong to pull movie over hackers' threats
2:56 December 19, 2014
President Obama addresses the Sony cyberattack and vows to respond to North Korea. Also, T-Mobile settles cramming lawsuit, and Facebook...
Play video
A cheap activity tracker you will actually want to wear
2:11 December 19, 2014
CNET's Dan Graziano gives you a look at one of the most affordable fitness trackers on the market.
Play video
Embarrassing moments in tech (2014)
2:53 December 19, 2014
The high profile tech of 2014 that aimed for the stars and landed in the gutter.
Play video
Solid tablet design hindered by so-so performance
2:48 December 19, 2014
The Lenovo Yoga Tablet 2 has an excellent ergonomic build, but its performance lacks the same finesse.
Play video
Say hello to ZTE's mid-tier Grand X for Cricket Wireless
1:16 December 19, 2014
Featuring a 5-inch display, a dual-core processor and a 5-megapixel camera, the affordable ZTE Grand X is available prepaid from US...
Play video