Deals

The U.S. Department of Justice dealt a surprising blow to the proposed $39 billion merger between wireless providers AT&T and T-Mobile Wednesday when it filed a lawsuit to block AT&T from acquiring the smaller company, claiming the deal would violate antitrust regulations. The proposed merge...

The U.S. Department of Justice has sued to block AT&T's proposed US$39 billion takeover of T-Mobile. The civil antitrust lawsuit that Justice filed in Washington's federal court on Wednesday says the deal would substantially diminish competition in the wireless market. AT&T shares fell 5.5 p...

The U.S. Department of Justice has sued to block AT&T's proposed US$39 billion takeover of T-Mobile. The civil antitrust lawsuit that Justice filed in Washington's federal court on Wednesday says the deal would substantially diminish competition in the wireless market. AT&T shares fell 5.5 p...

After two months of basking in the accolades Google+ has received, Google's social media strategy is again the cause of some head-scratching. The search engine has decided to shut down Slide, a social media app and game maker that it bought about a year ago. Even more eyebrow-raising: Its founder an...

I don't get why companies today take so long to make deals. Just do it already. The latest rumor is about Sprint Nextel, Comcast and Time Warner Cable acquiring Clearwire. Of course, we have heard of other Sprint rumors over the last few years that didn't pan out -- like acquiring T-Mobile. Dan Hess...

Sprint is reportedly in talks with Clearwire and cable companies regarding the possible acquisition of the wireless Internet provider to help build its 4G LTE network. The talks are allegedly happening between Sprint and cable providers such as Comcast, according to a Bloomberg report. Clearwire is ...

HP on Thursday shared some eyebrow-raising news regarding its operations, essentially proposing to reposition itself to solely focus on the enterprise market. Briefly, it plans to shutter development of hardware for webOS devices, acquire Autonomy, and either spin off or sell its PC division. The l...

HP revealed plans for major strategic changes Thursday that would orient the company more directly toward the enterprise market. It's considering a spinoff or sale of its PC division, shuttering development of hardware for webOS devices and cutting its future outlook. The tech company also revealed ...

The deal Google announced Monday -- to acquire Motorola Mobility for $12.5 billion -- is a stunning seismic event in the already-heated mobile device and operating system market. Google's Android OS has been on a tear lately, rivaling Apple for the moniker of coolest smartphone system. Now what? Wil...

Google announced Monday it intends to purchase Motorola Mobility for $12.5 billion, pursuant to regulatory approval. That price is a premium of 63 percent over the closing price of Motorola Mobility shares on Friday. The deal was unanimously approved by the boards of directors of both companies. The...

A partially redacted letter supposedly sent from AT&T to the FCC has raised new questions about the pending merger between AT&T and T-Mobile, bringing to light the money at stake and whether the merger is necessary, as AT&T claims, to expand wireless broadband coverage. Since February, A...

A partially redacted letter supposedly sent from AT&T to the FCC has raised new questions about the pending merger between AT&T and T-Mobile, bringing to light the money at stake and whether the merger is necessary, as AT&T claims, to expand wireless broadband coverage. Since February, A...

With one brief letter, the Federal Communications Commission has put a stop to any hopes that two pending AT&T deals -- its $1.9 billion purchase of spectrum licenses from Qualcomm and its proposed acquisition of T-Mobile from Deutsche Telekom for about $39 billion -- will be easy to settle. In ...

With one brief letter, the Federal Communications Commission has put a stop to any hopes that two pending AT&T deals -- its $1.9 billion purchase of spectrum licenses from Qualcomm and its proposed acquisition of T-Mobile from Deutsche Telekom for about $39 billion -- will be easy to settle. In ...

Motorola Mobility is one of the industry's more interesting stories. It is a story of rags to riches to rags, again and again. It was the leader in the wireless handset market for decades. Then it lost its way in the 1990s and has not had a long-term recovery since. Through partnerships with Google ...