Softbank Confirms It Is Buying 70% Of Sprint For $20.1B, Creating World’s Third Largest Mobile Carrier By Sales
Softbank has confirmed the news that it is buying Sprint, the third-largest wireless carrier in the U.S., for $20.1 billion (¥1.571 trillion). In fact, this is turning out to be full acquisition of what Softbank is calling “New Sprint.”: “As a result of the transaction SOFTBANK will own approximately 70% of the fully-diluted (as used herein, not giving effect to out-of-the-money options) shares of New Sprint (as defined below), which will own 100% of the shares of Sprint.” Softbank says that the combined company will be the world’s third largest in terms of revenues.
The news appears to have crashed the Sprint website. At least for now the site is only appearing in plain text and is taking time to load any updates, such as the link for the webcast (which it hastily announced at 2am Eastern time) to announce the news. That webcast is here.
Softbank’s announcement lays out…
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Raspberry Pi Mini Computer Now Shipping With RAM Upgraded To 512MB (From 256MB); Same Tiny $35 Price-Tag
The Raspberry Pi mini computer just got a RAM upgrade — from 256MB to 512MB — but the $35 price-tag is staying the same. Eben Upton, chip design and founder of the Raspberry Pi Foundation, said the extra RAM follows frequent suggestions for a more expensive version of the Pi with more RAM for those who want to use the Pi for general computing purposes. But Upton notes the Foundation is “very attached to $35 as our highest price point” — in a recent interview with TC, Upton described price as “our differentiator”.
“There were a lot of boards like Raspberry Pi in the $200 range but not a lot in the $25 to $35 range,” he told me. “You’ve got to see [price] as our differentiator. The big impressive thing we’ve done, as far as I’m concerned, is to make this stuff cheap and available – we’re not making anything…
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Do you think there will be an iPad mini?
On Monday I joined the 21st century. I said goodbye to my Blackberry –yes, people still have those — and upgraded to an iPhone 5. The nearly weeks waited after pre-ordering the phone seemed like forever but I’m glad to say it was worth the wait.
While I’m glad to have just about any phone but a Blackberry, I must say I was expecting more of a wow factor with my new phone. But there was no Aha moment. It turns out to be just another phone. It’s a good phone but if I previously had an iPhone and had a choice to upgrade to the new one I wouldn’t. There are a few new or improved features but nothing to run out and spend $199 on.
I meet someone on Saturday who told me she had all the iPhones and wasn’t impressed by the i-5 while I know someone…
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I love gadgets and technology. Several of my friends have told me I should join ‘The Geek Squad’, I guess that’s a compliment. Some people like to be out in the woods hiking or camping, some like to be in the sea surfing or swimming, embracing the natural wonders. I see the merit one can find in all theses activities, but they don’t really resonate with me. I’m never more comfortable than when I’m at home among my electronics.
I guess this started as a kid, messing around with the wires behind the TV to get game consoles working on the living room TV set. Then soon enough my parents were asking me to sort out the cable, or the VHS/DVD player. I was always taking apart the home computer to install or remove hard drives or sound cards. I had no fear, I had a shoot first mentality. I…
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Are you excited?
Windows 8 is coming.
Android worried. Apple probably only slightly annoyed.
In the world of tablets, Win8 based tablets will start off slowly. iPads are the dominant force and for most will do just fine but as business and more serious users discover the multitasking advantages of Win8 over iPads iOS 6, plus the ability to do full MS Office, expect a long slow climb in tablet market share for Win8.
Win8 is a operating designed for touch and almost alien for typical PC users(they can’t pry my mouse and keyboard from my cold, dead hands!) and as such will take time to win users over. Over time the shock of Win8 will wear off and it will remain the dominant operating system.
In coming blogs I will detail what I am looking forward to in Win8 and some of the feature which may make…
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