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Sprint Lands $2 Billion Multi-Year, Multi-State Contract

posted Saturday May 5, 2012 by Scott Ertz

Sprint Lands $2 Billion Multi-Year, Multi-State Contract

Sprint's 2012 has not quite been what they had hoped it would be, with the termination of the LightSquared deal and having to dump piles of cash into Clearwire to keep their current 4G network alive. They have also had trouble in recent years with their government contracts - there was once a time when every government agent had a Nextel phone, but with the antique nature of the network, that has not lasted. This week, Sprint announced a partnership that will help with both of these situations.

The Western States Contracting Alliance (WSCA), a combination of 15 states who have pooled their purchasing power to get better rates for services, has signed a 4 year, $2 billion deal with Sprint to provide wireless services to healthcare, education, safety, utilities and non-profits across those 15 states. This deal marks one of Sprint's largest deals of the year, something they certainly need with all of the partner problems they have had.

Why did they choose Sprint and what does this mean for the company? Find out after the break.

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Facebook's IPO to Happen May 16th, Talks May Start Next Week

posted Friday May 4, 2012 by Nicholas DiMeo

Facebook's IPO to Happen May 16th, Talks May Start Next Week

Normally, before a company will start an initial public offering (IPO) they will go into a dark room and lock themselves in for a very long time. This is prevent statements intended to influence potential investors and valuation changes, as it is difficult for investors to hit a moving target. Facebook's rumored IPO felt like it was going to happen any time now but then the company went ahead and purchased Instagram for $1 billion and then right after that spent $550 million on patents from Microsoft. You'd think they would have to take some time after these major purchases and restructure their offering.

Not Facebook. Reports have been flying all over the Internet this week that the company might be starting its rounds to investors as early as next week and will be scheduling their IPO around May 16th.

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LightSquared's Falcone May Step Down to Save Company

posted Thursday May 3, 2012 by Nicholas DiMeo

LightSquared's Falcone May Step Down to Save Company

The FCC's suspension of the waiver granted to LightSquared to deploy their own, privately funded 4G LTE Advanced network has led to an interesting turn of events in the tech world. LightSquared has since responded to the FCC, claiming the FCC has violates LightSquared's rights. Because of the suspension, Sprint had to look elsewhere for their 4G LTE network and has dumped truckloads of cash into Clearwire, who might have been their next option, only for the company to lose money in Q1 and Sprint had decided to build their own network anyway. Like I said, an interesting time it has been.

Now, Philip Falcone, CEO of LightSquared's top investor, Harbinger Capital, may end up resigning as the public head of the company.

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Nintendo Posts Annual Loss for the First Time Ever

posted Sunday Apr 29, 2012 by Nicholas DiMeo

Nintendo Posts Annual Loss for the First Time Ever

With the launch of the upcoming Wii U, Nintendo is hoping that this will help them recover from a couple of bad months of lackluster sales and 3DS price drops. However, bad news is still looming for Nintendo as they move into the E3 that will either make or break the company.

This week, for the first time in the history of Nintendo, they posted a net loss of $533 million. Wii sales haven't been very high as of late and has also caused them to post an operating loss of $460 million. This is very disheartening to learn about, as this is the same company that brought us the coveted Mario and Zelda franchises that we all know and love.

Has Nintendo seen its hey-day finally fade into the 8-bit darkness from which it emerged?

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Microsoft to Launch New Streaming Service Under Xbox Branding

posted Sunday Apr 29, 2012 by Nicholas DiMeo

Microsoft to Launch New Streaming Service Under Xbox Branding

Would you like a way to stream your music across any device you may have, whether it be Windows 8, Android or iOS? Would it be even better if I told you Microsoft may have something in the works? If you thought this might be something we'd see in the next few years, you will be pleasantly surprised with the news coming out of the Microsoft camp this week.

Microsoft is reported to be showcasing a new music platform at E3 next month in LA. Taking on the codename of "Woodstock," we are told that the service will take on the Xbox branding, much like the Zune rebranding we saw a few months ago. The great thing is that the publication The Verge has been told that the service will be able to stream across devices that are running on Windows 8, iOS or even Android and we will see the new music service heavily involved with Facebook and won't need any plug-ins to work.

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FTC Ramping Up for Google Antitrust Case

posted Sunday Apr 29, 2012 by Scott Ertz

FTC Ramping Up for Google Antitrust Case

The Federal Trade Commission has been building an antitrust case against Google for almost a year now. While Google has remained confident that they have done nothing wrong, decisions like stealing data from competitors, especially those who are unwilling to sell, have given the FTC enough confidence to continue. This week, that confidence encouraged them to hire outside counsel to help them with the upcoming case.

The FTC has only hired outside help twice in the last decade, so that suggests that this case is on its way and will be quite the project. This will not be easy for Google, as they have other major legal battles underway, including the big Oracle case, whose details will surely be used as evidence in the upcoming antitrust case.

For some background on the case and what insiders are saying, hit the break.

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