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Monthly Archives: April 2018

T-Mobile seals merger deal with Sprint that values the company at $26 billion

Patrick T. Fallon | Bloomberg | Getty Images John Legere, chief executive officer of T-Mobile US Sprint and T-Mobile have sealed a blockbuster merger agreement, producing a telecom behemoth that values the combined company at $146 billion, the two carriers announced on Sunday. The all-stock deal values Sprint at 0.10256 …

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Pompeo tells Saudi Arabia to stop Qatar blockade

Photo by Mark Runnacles | Getty Images The Doha Skyline at the Sheraton Grand Hotel on November 17, 2016 in Doha, Qatar. New U.S. Secretary of State Mike Pompeo arrived in Riyadh and told the Saudis that the United States has had enough of its blockade of Qatar, the New …

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Saudi Aramco appoints new board members including a woman

Mary Catherine Wellons | CNBC The headquarters of Saudi Aramco in Riyadh, Saudi Arabia. Saudi Aramco, the world’s top oil company, has appointed three new members to its board including a woman executive, the state run company said on Sunday. Saudi Arabian Minister of Finance Mohammed al-Jadaan and Minister of …

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Trump says North Korean meeting could happen in 3-4 weeks

Reuters A combination photo shows a Korean Central News Agency (KCNA) handout of North Korean leader Kim Jong Un released on May 10, 2016, and Republican U.S. presidential candidate Donald Trump posing for a photo after an interview with Reuters in his office in Trump Tower, in the Manhattan borough …

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Larry Harvey, Burning Man festival co-founder, dies at 70

Jim Urquhart | Reuters The Man dominates the playa during the Burning Man 2015 “Carnival of Mirrors” arts and music festival in the Black Rock Desert of Nevada, August 31, 2015. The co-founder of the “Burning Man” festival has died. He was 70. Burning Man Project CEO Marian Goodell says …

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North Korea says inter-Korean summit will be a ‘new milestone’

Korea Summit Press | Reuters South Korean President Moon Jae-in and North Korean leader Kim Jong Un sign documents at the truce village of Panmunjom inside the demilitarized zone separating the two Koreas, South Korea, April 27, 2018. North Korea’s state news agency said on Saturday the inter-Korean summit a …

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Alphabet Founders Letter 2017 Sergey Brin on AI

Justin Sullivan | Getty Images Sergey Brin, born in Russia, is the president of Alphabet and co-founder of Google Alphabet just published its annual Founders’ Letter and this year, cofounder Sergey Brin uses it to outline the ways the company’s using artificial intelligence, while highlighting both the benefits and risks …

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Judge agrees to delay Stormy Daniels’ lawsuit against Trump

Drew Angerer | Getty Images Adult film actress Stormy Daniels (Stephanie Clifford) and Michael Avenatti, attorney for Stormy Daniels, speak to the media after a hearing related to Michael Cohen. A judge on Friday delayed a lawsuit by porn actress Stormy Daniels against President Donald Trump and his personal attorney. …

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Trump administration likely to extend steel, aluminum tariff exemptions beyond May 1: sources

Getty Images Surrounded by steel and aluminum workers, U.S. President Donald Trump (C) signs a ‘Section 232 Proclamation’ on steel imports during a ceremony in Roosevelt Room the the White House March 8, 2018 in Washington, DC. The May 1 deadline for steel and aluminum tariff exemptions for U.S. allies …

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ValueAct reveals bet on Strayer Education due to its A.I. investments

Ann Johansson | Corbis | Getty Images Jeffrey Ubben, CEO of ValueAct Capital Partners ValueAct CEO Jeffrey Ubben expects Strayer Education to thrive because of its technology capabilities. Strayer “delivers good student outcomes … Strayer has been taking their tuition down to make it more affordable. That’s the big problem …

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