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Goodbye $200 iPhone: Sprint said to kill two-year contract

The classic two-year contract is going extinct, and Facebook beefs up Notes into a blogging tool.

The two-year contract may soon be ancient tech history.

Sprint is the latest US carrier to abandon plans that give customers subsidized phones for two-year contracts, according to a report from the Wall Street Journal. Verizon did the same last week, and T-Mobile stopped offering the plans two years ago. CNET Update explains the changes and benefits of monthly phone payments:

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Also in this tech-news roundup, learn about Facebook's plan to expand Notes into a better publishing tool, and Google's new website for Hangouts.

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Goodbye $200 iPhone: Sprint latest to kill two-year contract