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CNET News Daily Podcast: Sprint's Virgin Mobile buy

Sprint bought another phone company, or at least one that was using its network and making a profit on it. We talk about it with CNET News' Maggie Reardon.

Sprint on Tuesday announced it was planning to snatch up Virgin Mobile in the U.S. The buy puts Sprint in a good position to compete with prepaid offerings from other carriers. We talk to CNET News writer Maggie Reardon to hear what kind of money Sprint is making off customers of these prepaid programs, and what it's planning to do with Boost Mobile, the prepaid mobile phone service it already owns.

We also cover Tuesday's billion-dollar acquisition by IBM, and a new study that's found that text messaging while driving can take away enough concentration to drive the length of a football field without noticing.

Listen now: Download today's podcast

Today's stories:

Sprint to buy Virgin Mobile for $483 million

IBM to acquire analytics provider for $1.2 billion

Samsung's debut e-book reader arrives

Study: Texting while driving increases crash risk 23-fold

Verizon to offer Palm Pre in early 2010

Netflix contest ends, with winner in doubt

Twitter post gets renter sued by landlord

Report: WiMax subscribers to hit 50 million by 2014