Charlie Ergen, chairman of satellite- TV provider Dish Network Corp., made a $2 billion bid for radio frequencies from LightSquared Inc., the bankrupt wireless- broadband company owned by Philip Falcone’s hedge-fund firm, according to people familiar with the offer.
The spec sheet for Nokia's Lumia 928 will look familiar to users of the company's six-month-old Lumia 920: same Qualcomm processor, screen size (4.5 inches) and resolution (1,280 by 768 pixels), and Windows Phone 8 software.
Deutsche Telekom AG, the German phone company that completed a deal this month to enlarge its U.S. business, said it has the option to sell the asset to a buyer before an 18-month share lock-up period expires.
Verizon Wireless, the mobile-phone joint venture of Verizon Communications Inc. and Vodafone Group Plc, plans to pay a $7 billion dividend to its co-owners, defusing a source of tension between the two companies.
Noel Gillespie didn't like what he was seeing. From the bench, the Phoenix Suns assistant coach watched his basketball team easily give up 48 points to the Golden State Warriors halfway through a game last year.
Philip Falcone, who once ran one of the biggest hedge funds in the industry, reached a settlement with regulators that bars him from investing client money for at least two years, while allowing him to run a company modeled on Warren Buffett’s Berkshire Hathaway Inc.