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Former SoftBank CEO Has 10% Of Portfolio In Bitcoin: 'Listen To Your Kids'
Monday, April 11, 2022 - 12:02am | 392Marcelo Claure, the former chief executive officer of SoftBank Group Corp. (OTC: SFTBY) has allocated 10% of his personal portfolio to Bitcoin (CRYPTO: BTC). What Happened: Speaking at the Bitcoin 2022 conference in Miami, Claure said he believes Bitcoin is one of the safest ways to preserve wealth...
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Digital Currency Group Sells $700M Shares To Alphabet, SoftBank At $10B Valuation
Tuesday, November 2, 2021 - 11:14am | 429The Digital Currency Group (DCG) has completed a $700 million investment round from high-profile investors such as SoftBank Group Corp - ADR (OTC: SFTBY) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL). What Happened: According to a report from The Wall Street Journal, DCG’s $700 million...
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Sprint's Q1: Not As Bad As Expected
Tuesday, August 1, 2017 - 11:52am | 327Sprint Corp (NYSE: S) shares were seen surging Tuesday after the company posted an earnings beat and delivered a quarterly profit for the first time in three years. Sprint CEO Marcelo Claure also spoke on the merger talks that have surrounding the company for some time, saying that merger talks...
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Sprint CEO Could Get Huge Pay Bonus If Stock Remains Above $8; Here's How
Wednesday, May 3, 2017 - 7:23am | 421Sprint Corp (NYSE: S) CEO Marcelo Claure is set to collect an $8-million bonus after successfully keeping the telecom stock above the $8 mark for nearly five months. If Sprint continues to stay above the $8 mark Thursday, Claure and other members of the executive team will earn big stock bonuses....
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Following Sprint Stake, How Does Jay Z's Tidal Investment Rank Among Hip Hop's Biggest Deals?
Thursday, January 26, 2017 - 9:37am | 415Hip hop might not be dead yet. Sprint Corp (NYSE: S) recently announced a equity stake in Jay Z's streaming service Tidal, reportedly paying $200 million for a 33 percent stake, valuing the company at $600 million. The acquisition by Sprint sits as one of the biggest hip-hop deals ever. As part of...
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Does Tidal's Deal With Sprint Leave Apple Eyeing Pandora?
Monday, January 23, 2017 - 3:02pm | 614Sprint Corp (NYSE: S) may have edged out Apple Inc. (NASDAQ: AAPL) in forging a partnership with Tidal, a subscription-based music streaming service owned by Jay Z. With Tidal beyond its reach, Apple may now be forced to settle for Pandora Media Inc (NYSE: P) for beefing up its Apple Music service...
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99 Problems And Time For Investment? Sprint Acquires 33% Of Jay Z's Tidal
Monday, January 23, 2017 - 10:38am | 389Just days after Tidal hit a fresh wave of criticism, Sprint Corp (NYSE: S) bought 33 percent of the music streaming platform and extended the service to 45 million customers. The announcement came Monday after a Norwegian newspaper accused Tidal owner Jay Z of inflating subscription figures on two...
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Startup Culture Driving Sprint's Turnaround
Tuesday, December 20, 2016 - 4:43pm | 4682016 has marked Sprint Corp (NYSE: S) as one of the most compelling comeback stories in the market. Sprint’s stock has far outpaced its competitors this year, recording a 134 percent year-to-date gain. Turnaround Story Heading into the halfway point of Sprint’s five-year turnaround plan...
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Sprint Nearing Its $8 Target; Equity Incentive Plan Set To Kick In
Monday, November 28, 2016 - 4:02pm | 470Sprint Corp (NYSE: S) stock has had quite the month. The wireless carrier’s stock price has shot up 27 percent since Election Day on November 8 due to speculation that a Trump administration will be more lenient regarding a potential merger between the company and T-Mobile US Inc (NASDAQ:...
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Sprint Stock Is Soaring; Possible Merger In The Works?
Wednesday, November 9, 2016 - 3:59pm | 453While the odds of the AT&T Inc. (NYSE: T)–Time Warner Inc (NYSE: TWX) merger are looking bleak due to the Trump victory, telecom company Sprint Corp (NYSE: S) is emerging as a big winner from Tuesday’s election. Sprint, Management And Mergers Sprint has provided a compelling...
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Why T-Mobile Is The Likeliest Target For A Takeout Following Time Warner-AT&T Deal
Wednesday, October 26, 2016 - 1:53pm | 361T-Mobile US Inc (NASDAQ: TMUS) could be the next acquisition target for media companies following AT&T Inc. (NYSE: T)'s deal to buy Time Warner Inc (NYSE: TWX) for $85.4 billion, according to a Reuters report. "The takeout target over the next twelve months has got to be T-Mobile,...
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Sprint's 1Million Project Aims To Help Underprivileged Youth Gain Mobile Access
Wednesday, October 12, 2016 - 9:33am | 375Sprint Corp (NYSE: S) is in the process of starting a new initiative that aims to provide mobile devices and high-speed internet to over 1 million low-income high school students for free. The new initiative is called the 1Million Project and will work through the Sprint Foundation. Sprint is...
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Sprint's 5-Year Turnaround Plan Gets A Boost From iPhone 7
Tuesday, September 20, 2016 - 4:29pm | 334Sprint Corp (NYSE: S) CEO Marcelo Claure appeared on CNBC to talk about the iPhone 7 launch and touch on the company's five-year turnaround plan. All of Sprint's employees have an incentive package tied to the wireless carrier's turnaround; no equity will be offered until the stock...
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Paying For Mobile Data Outdated? T-Mobile And Sprint Launch Unlimited Plans
Thursday, August 18, 2016 - 4:39pm | 485Are the days of paying for mobile data usage coming to an end? Lower-cost carriers Sprint Corp (NYSE: S) and T-Mobile US Inc (NASDAQ: TMUS) have used unlimited data offerings as a unique selling point to differentiate themselves from industry heavyweights Verizon Communications Inc. (NYSE: VZ)...
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Sprint Waives Charges To Taiwan Following Typhoon Nepartak
Friday, July 8, 2016 - 3:12pm | 143Sprint Corp (NYSE: S) said it is waiving charges for international calls, as well as, SMS to Taiwan for all Sprint, Boost and Virgin Mobile customers and international roaming voice and SMS charges while in Taiwan for all its customers following Typhoon Nepartak. Related Link: Sprint Adds Jim Hyde...