Thfire.com Everyday news that matters Deutsche Telekom has sold T-Mobile USA to rival AT&T for $39bn (£24bn), creating the largest US wireless network. The deal sent Deutsche Telekom’s shares to their biggest daily gain yet, and gives AT&T about 43% of the US mobile market. The deal still needs approval from regulators. It also gives the German telecoms giant the cash to buy backs shares ... Read More »
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Google To Buy Groupon for $2.5B
Looks like after big G is in talks to buy Groupon after ‘rumored’ talks with Yahoo failed early this year. It also seems Google interest in Groupon will kindle others like Microsoft, Amazon, or eBay to have a look at it. Is Google adding online deals to its arsenal of acquisitions this year? According to a site called VatorNews, Google ... Read More »
Florida Bank Becomes 126th Failure This Year
A small Bank in Florida has joined the long list of failed banks this year. It is the 126th bank to fail in 2010. This is also the 24th bank to fail in the state of Florida alone this year. Regulators on Friday shut down a small bank in Florida, lifting to 126 the number of bank failures this year. ... Read More »