Technology: Money & Startups
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Softbank shares plunged on news it is in talks to buy a majority stake in Sprint Nextel for more than $12.8 billion, adding yet another potential shake-up to the fast-changing U.S. wireless market.
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Mobile gaming is exploding, according to a new report from The NPD Group, and that could pose a threat to traditional gaming companies.
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U.S. Internet ad spending slowed sharply in the first half of the year after a strong recovery in 2011, but still hit a new high of $17 billion as smartphones and tablet devices became more popular.
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Japanese mobile carrier Softbank is in talks to buy a majority stake in U.S. operator Sprint Nextel for more than $12.8 billion, according to a source with direct knowledge of the matter, adding yet another potential shake-up to the fast-changing U.S. wireless market.
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A slew of startups are turning education as we know it upside down, using technology to make it more effective and more accessible.
Contact Money & Startups
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Email: tech@cnbc.com
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Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and author of CNBC.com's "Media Money" blog.
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Fortt is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau and contributes to "Tech Check" on CNBC.com.
