T-Mobile hit with FCC fine, Netflix outperforms projections
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T-Mobile has been hit with a $40 million fine for faking outgoing ringtones in rural areas where calls never even made a connection.
T-Mobile has agreed to pay the FCC fine and entered into a settlement to avoid further actions.
It's a stain on the reputation of the country's third largest carrier, which prides itself on being transparent to its customers.
According to CNBC, Amazon has halted plans to act as a pharmaceutical drug seller as many had reported last year.
A number of logistical challenges and unforseen hurdles led to the decision, including the company's inability to secure contracts with large hospital networks.
Finally Netflix has announced better than projected subscription numbers, which caused shares to climb more than 6%.
The streaming service added 7.4 million subscribers in the first quarter of the year, almost a million more than expected.
Netflix says it's still on track to spend $8 billion on original content this year alone.
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