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Former Indiana Republican Rep. Stephen Buyer has been charged with insider trading, the Securities and Exchange Commission announced Monday. Buyer, who left Congress in 2011, is accused of buying more than $1.5 million worth of stock in Sprint and Navigant Consulting based on on non-public information he received as a consultant after he left office. Buyer allegedly used seven different accounts to hide the stock purchases. They included accounts he shared with his wife, his son, his cousin, and one that belonged to an unidentified woman who was romantically linked to Buyer. WASHINGTON -- Former Indiana Republican Rep. Stephen Buyer...

Two top House Republicans among big tech's thorniest adversaries in Washington remain starkly divided on the right approach to rein in Silicon Valley.Two top House Republicans among big tech’s thorniest adversaries in Washington remain starkly divided on how to rein in Silicon Valley’s empire. Earlier this month, a group of bipartisan lawmakers led by Rhode Island Democrat Rep. David Cicilline and Colorado Republican Ken Buck — who serve as chair and ranking member of the House Judiciary Committee’s Subcommittee on Antitrust, Commercial, and Administrative Law, respectively — unveiled a broad package of antitrust legislation to break up corporate tech monopolies....

n a conference call on Monday lasting under six minutes, T-Mobile vice president James Kirby told hundreds of Sprint employees that their services were no longer needed. He declined to answer his employees’ questions, citing the “personal” nature of employee feedback, and ended the call. TechCrunch obtained leaked audio of that call, which was said to be one of several calls held by T-Mobile leadership throughout the day to lay off staff across the organization. The layoffs come just two months after its contested $26 billion Sprint merger was finally completed.

TOKYO: CIECC, Softbank, Masayoshi Son is closing in on a 3 step deal. Step 1, US regulators approved, CIECC, Softbank, grab of the American fiber joule, US Sprint. Step 2, regulators approved, CIECC, Softbank, dump of US Sprint to German Deutsche Telekom AG (T-Mobile) sucks up U S Sprint shell (about $20 bil). Now, (as money laundries usually do), Step 3, clean cash, back to> CIECC, Softbank. The deal could be announced this month.

Final roadblocks preventing the merger between T-Mobile US Inc. and Sprint Corp. were eliminated Wednesday after the California Public Utilities Commission and the state's Attorney General made separate agreements with the two carriers.

Feb. 11 (UPI) -- A federal judge on Tuesday approved a bid by T-Mobile to merge with competitor Sprint in a combination of the nation's third- and fourth-largest wireless carriers. Judge Victor Marrero of U.S. District Court in Manhattan ruled against 13 state attorneys general who sought to block the $26 billion deal as potentially harmful to consumers. They sued in June 2019, even before the merger was approved by the U.S. Department of Justice and the Federal Communications Commission. The companies argued their merger was needed to compete against the biggest wireless carriers, AT&T and Verizon, and to complete...

NEW YORK (AP) — A high-drama telecom deal is heading to court. T-Mobile, in its attempt to buy Sprint for $26.5 billion, has already notched approvals from key federal regulators. Now it must convince a federal judge that the 14 state attorneys general suing to stop the deal are wrong. A trial starts Monday in U.S. District Court in New York and is expected to last several weeks. If T-Mobile prevails, the number of major U.S. wireless companies would shrink to three from four. A combined T-Mobile-Sprint would become a fiercer competitor to larger Verizon and AT&T . But the...

Sprint Corp. has for years failed to accurately measure how many of the low-income Americans it serves through the federal Lifeline program actually use their phones, according to regulatory documents reviewed by The Wall Street Journal. The No. 4 U.S. wireless carrier by subscribers is facing a potential settlement with the Federal Communications Commission after the regulator in September said Sprint improperly collected “tens of millions” of dollars in federal subsidies for 885,000 Lifeline customers who weren’t using the service. The carrier said its error was caused by a 2017 inadvertent coding issue in the system it used to measure...

The United States Justice Department has approved the $26 billion merger deal between T-Mobile and Sprint. After over a year in regulatory limbo, the merger received the green light from the last federal agency to hold out, with the Federal Communications Commission already signaling that it will approve the deal. The Justice Department finally approved the deal after Dish reached an agreement with the carriers to acquire Boost Mobile, Virgin Mobile, Sprint’s prepaid business, and “certain” spectrum assets. This will position Dish as the replacement fourth major US carrier that will be lost once T-Mobile and Sprint merge. The two...

We've been with Verizon for years and have suffered with broken texts, missed calls, spotty notifications, and updates that don't. We are thinking about going with US Cellular. How about sharing experiences to help us out.

The speed of digital advancements is what drives our economy. Since President Donald Trump took office, America has enjoyed an economic boom, with astonishingly low unemployment numbers and record capital investments in new technology that would have once seemed like science fiction. With our smartphones and wireless data plans, more workers can telecommute today than ever before. This technology advances at lightning speed, which is why America is currently in a race with China and other countries to have a robust 5G network. This would require a massive infrastructure investment to build a network that offers previously impossible connectivity speeds...

We are Verizon customers and have been for about eight years. Was watching the tube with the family last night when a Verizon commercial came on showing kids making the "coming out" call to their parents... My ten year old was watching. The commercial ended with Verizon endorsing and throwing their support towards an Organization calling itself PFLAG which stands for Parents, Friends, Families and Friends of the LQBTQ. We called Sprint this morning... I have four new Galaxy S7s headed my way, I'm saving $90.00 per month, unlimited data and Sprint is paying off what we owe Verizon. I...

NEW YORK — T-Mobile and Sprint have struck a deal that could reshape the U.S. wireless landscape, bringing it down to three major cellphone companies. T-Mobile on Sunday closed a $26.5 billion agreement that merges the phone company with Sprint, upping Sprint’s market value to $6.62 per share, CNBC reported.

Unemployment is a serious pain point in America for both employers short on good talent and talent short on employment, so Sprint has announced that they’re going to take another step in their own fight against unemployment by expanding out to 79 new retail locations in Texas, which will create at least 550 jobs. The jobs that will be created by this move aren’t limited to retail salespeople and managers; more technical roles will also be brought on board, which means that the larger number of stores will represent an expansion in Sprint’s overall footprint for the state. It’s all...

Today, Sprint announced a commitment to create or bring back to America 5,000 jobs. The company anticipates these jobs will support a variety of functions across the organization including its Customer Care and Sales teams. Sprint will begin discussions immediately with its business partners, states and cities to determine the right locations in the U.S. to create these jobs. The company expects to fulfill this commitment by the end of its fiscal year 2017 and will provide additional details when they are available. “We are excited to work with President-Elect Trump and his Administration to do our part to drive...

Weeks after meeting with Sprint Corp. Chairman Masayoshi Son, President-elect Trump announced Wednesday that the wireless phone company will soon move thousands of outsourced manufacturing jobs back to the United States. "We have some very good news," the incoming Republican president told reporters outside his beachside resort in West Palm Beach, Fla., Wednesday afternoon. "Because of what's happening and the spirit and the hope, I was just called by the head people at Sprint and they're going to be bringing 5,000 jobs back to the U.S. They're taking them back from other countries."

Sprint became the first U.S. telecommunications company to provide direct roaming mobile phone service to foreigners in Cuba, after a striking a deal at the Havana International Fair. Sprint says it expects the number of visitors in Cuba to reach 5 million a year within the next decade. The U.S.-based firm Sprint signed a deal with Cuba’s state telecommunications agency Etecsa, with the objective to reach millions of tourists expected to visit the island in coming years. The move comes as Washington and Havana continue to explore business opportunities, since restoring diplomatic relations in July for the first time in...

Kevin Ward Jr. was killed August 9 after he got out of his wrecked sprint car and went to confront Stewart during a yellow flag caution period at Canandaigua Motorsports Park. After one car narrowly missed Ward, Stewart drove by and Ward was struck by the right rear tire of Stewart’s car and slung down the track. Ward, 20, died of massive blunt trauma as paramedics drove him to a hospital. His parents, Kevin and Pamela Ward, filed a wrongful death suit asking for unspecified financial compensation. The suit was filed in Lewis County, where the family lives. Stewart was...

A new vulnerability in the Uconnect system gives attackers frightening remote powers over Chrysler vehicles, revealed in a Wired exclusive report. In a live demo, attackers used the vulnerability to cut out a Jeep Cherokee's transmission and brakes and, when the car is in reverse, commandeer the steering wheel — all without physical access to the vehicle. "This might be the kind of software bug most likely to kill someone," said Charlie Miller, one of the researchers behind the exploit. The full vulnerability will be presented next month at Defcon, although the researchers plan to withhold crucial details so that...

A plan to salvage RadioShack Corp’s RSHCQ.PK business by co-branding most of its 1,740 surviving stores with cellular phone provider Sprint Corp (S.N) earned U.S. bankruptcy court approval on Tuesday, ending four days of contested court hearings. The stores are what survived of more than 4,000 outlets after RadioShack went bankrupt in February. Founded in 1921, the chain was a go-to retailer for electronics before becoming increasingly irrelevant in the digital age. Judge Brendan Shannon, in Delaware bankruptcy court, approved a sale of the stores to the Standard General hedge fund, which plans to keep most of them open under...