Masayoshi Son (left), poses with a Storm Trooper at Sprint owner SoftBank’s launch of the iPhone 3GS in 2009. Danny Choo Sprint is “working toward a possible bid for rival T-Mobile” but is first examining regulatory concerns that could prevent such a merger, the Wall Street Journal reported today . A merger would leave the US cellular market with only three major carriers, although a combined Sprint/T-Mobile would perhaps be a more formidable opponent to market leaders AT&T and Verizon Wireless. AT&T attempted to buy T-Mobile, but it dropped those plans in December 2011 after opposition from the Justice Department and Federal Communications Commission (FCC). Sprint hasn’t made a final decision on a bid, but it could happen in the first half of 2014 and be worth more than $20 billion “depending on the size of any stake in T-Mobile that Sprint tries to buy,” the Journal reported. “But it would likely face tough opposition from antitrust authorities, who worry consumers could suffer without a fourth national competitor to keep a check on prices,” the report said. AT&T’s takeover bid for T-Mobile would have been $39 billion.The Journal ‘s sources indicate that Sprint is wary of wasting time on a deal that might not come to fruition, but the company’s owner is leading the charge. “Driving the current effort is SoftBank Chief Executive Masayoshi Son, an aggressive acquirer who bought control of Sprint earlier this year and has made no secret of his desire to grow in the US via further deals,” the Journal wrote. Read 7 remaining paragraphs | Comments
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Sprint wants to buy T-Mobile and leave US with just three major carriers
In 2008, the British Library, in partnership with Microsoft, embarked on a project to digitize thousands of out-of-copyright books from the 17 th , 18 th , and 19 th centuries. Included within those books were maps, diagrams, illustrations, photographs, and more. The Library has uploaded more than a million of them onto Flickr and released them into the public domain. It’s now asking for help. Though the library knows which book each image is taken from, its knowledge largely ends there. While some images have useful titles, many do not, so the majority of the million picture collection is uncatalogued, its subject matter unknown. Next year, it plans to launch a crowdsourced application to fill the gap, to enable humans to describe the images. This information will then be used to train an automated classifier that will be run against the entire corpus. Read 1 remaining paragraphs | Comments
Spotify will soon allow its ad-supported users to stream music for free on their mobile devices, according to reports from the Wall Street Journal and TechCrunch . The company is reportedly holding an event next week to announce the service tweak, which takes a bit of the incentive away from subscribing. The Journal reports that Spotify has been negotiating for nearly a year to get mobile streaming rights, and it finally has the blessing of Sony Music Entertainment, Universal Music Group, and Warner Music Group. The rights holders and Spotify not only had to agree on rates but on how the music could be used. Read 2 remaining paragraphs | Comments