Deals

King of telecom T-Mobile announced on Wednesday that it has more users than any other carrier for the 18th straight quarter. The telecommunications company reported that they gained 1.6 million new customers in the second quarter. For comparison, Sprint had just…

Grubhub investors are eating After Grubhub delivered its earnings report, its stock skyrocketed 20 percent to set a new high for the company. Grubhub shocked investors, beating expectations by large margins. Revenue rose by more than 50 percent quarter-over-quarter and…

Atos expands to US market French IT firm Atos acquired US IT firm Syntel this weekend, a deal worth $3.4 billion. The deal will give Atos exposure to US firms and better equip the company with knowledge about certain aspects…

Air Force One deal has liftoff Boeing recently signed a contract with President Trump to test and modify two new Air Force One jets – the deal is valued at $3.9 billion. The Boeing 747/748’s will be finished by 2024…

Are eSports real sports? ESPN signed a deal this week with video-game company Activision Blizzard. The deal gives ESPN the TV rights to popular action game Overwatch. The deal will put Overwatch on many channels, including ABC, ESPN, and ESPN…

Broadcom not blowing away investors Semiconductor manufacturer Broadcom announced its acquisition of software firm CA Technologies for $19 billion. The deal will expand the horizons of a company that focuses solely on semiconductors – now, Broadcom will have access to…

AT&T-Warner not over yet The Justice Department reported on Thursday that it will appeal AT&T’s acquisition of Warner, which Judge Richard Leon approved last month. Judge Leon ruled that the merger did not break any antitrust laws, and if it…

Sky’s the limit for Fox 21st Century Fox announced on Wednesday that it has upped its bid for UK broadcaster Sky to $32.5 billion (£24.5 billion). Fox has been deadlocked in a bidding war with Comcast over Sky since April, and…

Lyft expands portfolio with bikes Lyft announced on Monday that it will acquire bike-sharing giant Motivate for an undisclosed amount. Motivate is the parent company of popular bike-sharing networks like Citi Bike in New York and the Bay Area, and…