ie8 fix

Corporate and legal

SoftBank grants waiver for Sprint to talk more to Dish

SoftBank made a bold move in its ongoing battle with Dish to acquire Sprint. The Japanese wireless carrier gave Sprint a special waiver on Monday to let it go into more broad talks with Dish.

While this seems counterintuitive, SoftBank said that it believes further talks between Dish and Sprint will only show the U.S. wireless carrier that SoftBank is the superior candidate for the acquisition.

"We continue to believe that our agreed transaction, which we plan to close in approximately six weeks, creates substantially greater value and provides far greater certainty for Sprint shareholders," SoftBank Holdings … Read more

NY official: Airbnb stay illegal; host fined $2,400

New York officials have determined that a man who rented out part of his apartment on Airbnb should pay $2,400 for violating the city's illegal hotel law, despite Airbnb stepping in on the host's behalf.

The city initially asked host Nigel Warren to pay $7,000 total in fees for violating a law that makes it illegal for property owners to rent out homes temporarily -- essentially mimicking hotel stays -- and for unrelated issues with building and zoning codes, according to the decision and order issued by the board. (See PDF below; it cites Abe Carrey, … Read more

Dish said to bid $2B for Lightsquared spectrum

LightSquared's wireless spectrum could be getting a new owner, according to a new report.

According to Bloomberg, Dish Network Chairman Charlie Ergen made a $2 billion bid last week for LightSquared's radio frequencies, which are owned by private investment firm Harbinger Capital Partners.

Bloomberg added, based on unnamed sources said to be familiar with the deal, that LightSquared has until the end of the month to make a decision.

Dish is already bogged down by other networking and communications deals floating around -- namely a $25.5 billion bid for Sprint Nextel. The nation's third-largest mobile provider … Read more

Young and old: A side-by-side look at Tumblr, Yahoo audiences

Sometimes a picture really is worth a thousand words.

Yahoo has agreed to acquire 6-year-old blogging powerhouse Tumblr for $1.1 billion. The mammoth deal has sent the Internet into a tizzy, especially since most would have pegged the two companies as unlikely bedfellows just a week ago.

The simplest and most obvious reason for Yahoo's interest in Tumblr can be seen in the chart above, which highlights the dramatically differing demographic profiles for the media portal and the blogging network.

It's a tale of two audiences. Tumblr is a fountain of youth. Yahoo is practically a retirement … Read more

WordPress: 72K blog posts exited Tumblr in 1 hour over Yahoo deal

WordPress founder Matt Mullenweg said his company saw a major uptick in Tumblr defections after news of the $1.1 billion acquisition by Yahoo came to light.

Writing on his personal blog Sunday evening, Mullenweg said that WordPress usually imports 400 to 600 blog posts per hour from Tumblr. After news of the deal surfaced, the number of imported posts jumped to more than 72,000 blog posts in an hour.

Mullenweg updated his own blog post on Monday morning. "Some people are reading too much into the import numbers -- I don't think there will be an … Read more

CTIA 2013 preview: Spring show quietly fades away

LAS VEGAS -- When Ashton Kutcher and Jennifer Lopez are the biggest draws for a technology show, there's a problem.

The CTIA Wireless trade group's spring show officially kicks off for the last time on Tuesday. It marks an unceremonious end to the conference, which next year will merge with its sister show in the fall to better align itself with the holiday shopping season.

While CTIA still touts itself as the largest wireless show in North America, its influence and importance have waned in the last few years. CTIA has always had the misfortune of following at … Read more

Yahoo board approves $1.1B acquisition of Tumblr -- WSJ

Yahoo's board has approved a $1.1 billion acquisition of blogging site Tumblr, according to the Wall Street Journal.

The Journal first reported the news on Sunday via Twitter.

An imminent announcement of the acquisition had been expected. AllThingsD reported Friday that Yahoo's board was meeting this weekend to finalize a deal. Rumors about the possible tie-up first surfaced on Thursday. The deal could be announced on Monday as part of a product announcement event Yahoo is holding in New York tomorrow. According to reports, Tumblr's board of investors, including Sequoia Capital, Union Square Ventures and Spark … Read more

How BlackBerry is fixing its once 'broken' brand

ORLANDO, Fla. -- When Frank Boulben joined BlackBerry a year ago as its chief marketing officer, he found a company whose reputation with the public was in shambles.

To make matters worse, its marketing strategy was in complete disarray. Each country or region had their own version of a BlackBerry campaign, complete with different agencies and creative processes. Even within the same region, campaigns would change from quarter to quarter with little lasting effect.

"There were a lot of broken pieces," Boulben recalled during his keynote presentation at the company's BlackBerry Live conference on Tuesday.

Getting BlackBerry'… Read more

Yahoo schedules NYC product event for Monday

Yahoo Chief Marissa Mayer will speak at a mystery product event in New York on Monday, May 20.

The event was first reported by CNBC, but Yahoo later confirmed that it has invited members of the media to an early evening press conference.

The Monday gathering is scheduled for 5 p.m. ET, and the invite reads, "Join us as we share something special." A Yahoo spokesperson said the company would also livestream the announcement, but declined to share additional information on the subject of the event.

Yahoo could use the hastily scheduled affair to announce some type … Read more

Report: Facebook and Microsoft flirting with Tumblr too

Yahoo isn't the only tech titan with eyes for blogging sensation Tumblr. The 6-year-old startup that powers nearly 108 million blogs has piqued the curiosity of both Facebook and Microsoft who seem ready to duke it out over the object of their affection, according to a new report.

The Thursday night rumor mill had Yahoo ready to commit to a Tumblr partnership, investment, or possibly even a $1 billion purchase. Now Forbes is reporting Tumblr has entertained equally serious gestures from Facebook and Microsoft.

Yahoo has a lock on negotiations, according to Forbes, which means Tumblr can't field … Read more