How quickly Sprint has gone from cutting jobs to cutting checks. Not 24 hours after announcing plans to sack between 2,000 and 25,000 employees, the company said it has agreed to invest another $1.18 billion in WiMax provider Clearwire. That’s a big check to be writing, but then, Sprint is Clearwire’s majority shareholder and the carrier’s plans for differentiated 4G services rely heavily on the outfit’s success.
A look back at the week during which approximately 40 percent of the posts were about Twitter. Or at least it seemed that way.
BoomTown got the ball rolling by making a visit to Twitter HQ bearing pies. During a video tour of the premises, Biz Stone discussed rock stars and booze, and spilled the secret of the strange green deer.
Ironic, isn’t it, that the nationwide WiMAX network created by the $14.5 billion merger of Clearwire and Sprint Nextel is to be rebranded as “Clear,” since the joint-venture transaction that spawned it as about as muddy as they come.
Time Warner, the world’s largest media company, soon won’t be quite so large. This morning Time Warner revealed the details of its planned spinoff of Time Warner Cable, a massive transaction that will separate the company’s content and distribution businesses once and for all.
The cable industry may have finally settled on a wireless strategy–Sprint’s. The Wall Street Journal reports that Comcast, Time Warner Cable and Bright House Networks are discussing a WiMax partnership with Sprint and Clearwire.
Time Warner’s AOL division posted financial results today, and while its revenue did not, as some investors worried, “fall off a cliff,” it’s clearly hanging on to one for dear life.
Revenue at the AOL unit slid 23% to $1.1 billion, with much of that decline stemming from a steep 28% drop-off in dial-up subscribers. Ad-revenue [...]
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
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