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Sprint acquisition of T-Mobile is reportedly near an agreement

Jun04
by on June 4, 2014 at 10:05 pm
Posted In: Around the Web, Insider

The Sprint take over of T-Mobile is closer to becoming a reality according to Bloomberg. The two parties are close to agreements on termination fee, price and the capital structure of the deal. The final price is reportedly $40 per share. The deal is reportedly set to be announced in July or August. The Sprint takeover of T-Mobile was first reported by Bloomberg back in May. The Sprint acquisition is backed the carrier’s parent company Softbank. Even if the deal is announced, there’s still the issue of convincing the FCC to allow it to happen. The FCC killed an attempt…

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Stunning 1960s IBM poster art is available free from designer’s site

Jun04
by on June 4, 2014 at 9:04 pm
Posted In: Around the Web

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Whatever your feelings are about Big Blue – does anyone have feelings about IBM these days? — if you love design, you will flip out over Sue Murphy’s Good Design is Good Business site, a repository of the most eye-popping art created for the company spanning the 1960s to the present. Some works are readily identifiable corporate productions, while others are simply gorgeous abstract art. All posters are high-resolution and suitable for printing. A self described “design nerd,” Murphy is currently the art director at the ad agency Ogilvy & Mather for the IBM account. “This is a little spot where I’m saving some beautiful IBM work I…

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In addition to Soundcloud, Twitter also reportedly considered acquiring Pandora and Spotify

Jun04
by on June 4, 2014 at 8:46 pm
Posted In: Around the Web, Insider, Social Media

Last month, a Recode rumor suggested Twitter was looking to buy Soundcloud, only to have a WSJ rumor say that “the numbers didn’t add up” for a deal to go through. Today, we’re learning that Twitter considered buying not just Soundcloud, but also looked into making offers for Pandora as well as Spotify, according to three people familiar with the matter cited by The Financial Times. The difference is that Twitter reportedly only engaged in talks with Soundcloud. The deals for the online music services were “worth billions of dollars,” meaning either purchase would be Twitter’s largest acquisition to date….

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Amazon to launch a new device on June 18, possibly a 3D smartphone

Jun04
by on June 4, 2014 at 8:18 pm
Posted In: Around the Web, Gadgets

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Amazon announced today a launch event in Seattle on June 18 where it will unveil a new device, presumably a smartphone with 3D capabilities. The company also released a teaser video, where customers appear to be amazed as they rotate the device. “It moved with me,” one user said. A header image on the announcement page may show the back of the smartphone, though Amazon doesn’t specifically state that it’s from the new device. If you’re interested in attending the event, Amazon is taking invite requests from customers, developers and journalists. A Wall Street Journal report from April suggested that Amazon has been developing a…

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The one mistake that will kill your startup? Bad financial predictions

Jun04
by on June 4, 2014 at 7:50 pm
Posted In: Analysis and Opinion, Around the Web, Entrepreneur

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Paul Jackson is the Founder of Worthworm. If headlines are to be believed, it’s a great time to get into the startup game. It seems like every day startup after startup is announcing its most recent million dollar round of funding or billion dollar valuation. However, if you’re just entering this super competitive playing field, it’s a necessity you don’t give into the temptation to overvalue a venture (in an effort to prove your worth amongst the Snapchats and WhatsApps of the world, no doubt). The reality is that more than 90 percent of startups actually fail and having an accurate and credible…

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