Intel Data Center Results, Margin Outlook Disappoints and the Company’s Shares Drop

(Reuters) – Intel Corp’s fast-growing data center business missed Wall Street targets on Thursday as the world’s second-largest chipmaker faced stiff rivalry from Advanced Micro Devices Inc, and it again delayed the release of its next-generation chips until the end of 2019. The company’s shares fell almost 5 percent in extended trading. Sales to data […]

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IT’S OFFICIAL: T-Mobile and Sprint announce merger

As reported on Friday, T-Mobile and Sprint have officially announced it will be merging the two companies into one via Twitter on Sunday morning: Exact details of the merger have yet to be announced.  A merger of this size is sure to be under scrutiny by the U.S. Department of Justice. Stay tuned for more information […]

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CNBC: T-Mobile and Sprint to announce merger next week

T-Mobile is closing in on a deal to merge with Sprint that will value Sprint near its current market price of $6.50 per share, according to people familiar with the matter. The $26 billion deal could be announced as soon as Sunday, said the people, who asked not to be named because the negotiations are […]

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