Tech wrap: D.Telekom may be forced to play with Sprint

December 20, 2011

Deutsche Telekom may be forced into a tie-up of its sub-scale U.S. wireless unit with Sprint Nextel after a $39 billion deal with AT&T collapsed.

AT&T said on Monday it had dropped its bid for T-Mobile USA, bowing to fierce regulatory opposition and leaving both companies scrambling for alternatives.

The collapse of AT&T’s deal to buy D.Telekom’s U.S. wireless unit may be welcome news for network equipment makers, as money earmarked for the merger will be freed up for investments.

Research In Motion’s woes continued as sales in the United States fell for a fifth straight quarter in Q3 even as the BlackBerry maker’s overall revenue jumped by $1 billion from a year earlier, a regulatory filing released on Tuesday showed.

Financial advisers in the U.S. are seeing fewer benefits from their use of social media, a survey by Aite Group showed on Tuesday.

“Social media has been over-hyped and the benefits just aren’t there for a lot of advisers,” said Aite senior analyst Ron Shevlin in an interview.

Electronic Arts invested more money and firepower into “Star Wars: The Old Republic” than it has on any game in its 30-year history. Starting today, the company will find out if the bet pays off.

If it succeeds, the game, which features the Star Wars movies’ familiar Jedis, Wookies, and Siths, could bring EA riches for years to come. If it fails, EA’s earning will be hurt in future quarters.

Erik Sherman of MoneyWatch takes a look at the many legal battles Apple is waging to protect the iPhone from it’s competitors.

Finally, Bloomberg’s Dan Levy has a behind the scenes look at Facebook’s new Silicon Valley headquarters and how other internet firms are designing office space for workers who are increasingly spending more time at the office.

No comments so far

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/