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☆ UK regulator finds Vodafone and Three merger would lead to price rises, seeks remedies for deal
▼ + stars: | 2024-09-13 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

In this article VOD-GB Follow your favorite stocks CREATE FREE ACCOUNTwatch nowBritain's competition watchdog on Friday said it found competition concerns with the proposed merger between Vodafone and the Three UK mobile network owned by CK Hutchison. The U.K. Competition and Markets Authority (CMA) said the deal would lead to price increases for tens of millions of customers or see some users get reduced services. The regulator also warned of a negative impact for so-called Mobile Virtual Network Operators (MVNOs), which piggyback on existing infrastructure. The regulator said Friday the merger would result in higher prices or reduced services, and could "negatively affect those customers least able to afford mobile services." Vodafone said in a separate statement Friday that it disagrees with the findings that the merger would lead to price increases for consumers.

Persons: CK Hutchison, Ahmed Essam, CNBC's, Essam Organizations: Vodafone, CK, The, Competition, Markets Authority, Mobile, Network, CMA, CK Hutchison, MVNOs

☆ The 'crazy' fix for Google's monopoly that investors are whispering about
▼ + stars: | 2024-08-14 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

The idea is that the US would require Google to make its Search index publicly available for anyone to use. AdvertisementBots and indexesA Search index is created by a bot crawling the web and collecting keywords and other information from sites. Related storiesGoogle's Search index is the biggest in the world. The Search index as part of the public commonsWouldn't this be taking something that belongs to Google, though? In the same way Bing powers DuckDuckGo, Google's open index could power other rival search engines that could offer different approaches to Google's search engine.

Persons: —, It's, wouldn't, it's, Amit Mehta's, Bing, DuckDuckGo Organizations: Service, Justice Department, Business, Google, Rivals, Mobile Virtual Network, Verizon, DOJ

☆ AT&T says hackers stole the call and text records of almost all of its wireless customers
▼ + stars: | 2024-07-12 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

AT&T says hackers stole call and text records from "nearly all" of its wireless customers. The data includes the phone numbers that customers interacted with. It doesn't include the contents of the calls and texts, or Social Security numbers, AT&T said. AdvertisementAT&T says that call and text records from almost all of its wireless customers were stolen in a hack earlier this year. The compromised data includes files containing AT&T records of calls and texts of "nearly all of AT&T's cellular customers, customers of mobile virtual network operators (MVNOs) using AT&T's wireless network, as well as AT&T's landline customers who interacted with those cellular numbers between May 1, 2022 - October 31, 2022."

Persons: — Organizations: Service, Business

Learn moreLooking for the best iPhone 15 Pro and iPhone 15 Pro Max deals? Best iPhone 15 and iPhone 15 Pro Max dealsiPhone 15 Pro deals at VerizonVerizon offers the iPhone 15 Pro for free to new and existing customers who add an Unlimited Ultimate line or up to $1,000 off any other iPhone 15 model when trading in any previous iPhone. Other iPhone 15 Pro trade-in offersBoth Apple and Best Buy allow you to trade devices in for credit that you can use toward an iPhone 15 Pro or iPhone 15 Pro Max. iPhone Models Estimated trade-in values iPhone 14 Pro Max Up to $650 iPhone 14 Pro Up to $570 iPhone 14 Plus Up to $470 iPhone 14 Plus Up to $470 iPhone SE (3rd generation) Up to $160 iPhone 13 Pro Max Up to $580 iPhone 13 Pro Up to $480 iPhone 13 Up to $370 iPhone 13 mini Up to $320 iPhone 12 Pro Max Up to $450 iPhone 12 Pro Up to $360 iPhone 12 Up to $250 iPhone 12 mini Up to $200 iPhone SE (2nd generation) Up to $80 iPhone 11 Pro Max Up to $300 iPhone 11 Pro Up to $250 iPhone 11 Up to $200 iPhone XS Max Up to $170 iPhone XS Up to $140 iPhone XR Up to $140 iPhone X Up to $120 iPhone 8 Plus Up to $90 iPhone 8 Up to $60 iPhone 7 Plus Up to $50 iPhone 7 Up to $40The iPhone 15 Pro and iPhone 15 Pro Max hit stores starting September 22. Pricing starts at $999 for the iPhone 15 Pro (128GB base storage) and $1,199 for the iPhone 15 Pro Max (256GB).

Persons: Max, We've, We're, Joan Cros Garcia, you'd, you'll Organizations: Verizon, AT, Verizon Verizon, Unlimited, Apple, Mobile, Mint Mobile Locations: Verizon ., Magenta, Canada, Mexico

Samsung has introduced the new Galaxy Z Flip 5 at its Unpacked event in Seoul today, so you can put the rumors to rest. Keep reading for more information on the new foldable and how to get the best Z Flip 5 deal from your preorder options available at launch. If you're convinced the changes are substantial enough to justify upgrading, you can preorder your Galaxy Z Flip 5 today in Mint, Graphite, Cream, and Lavender, plus Samsung.com-exclusive shades of Blue, Gray, Green, and Yellow. The smartphone currently in your pocket may be worth up to $900 in trade-in credit, and Samsung is offering up to $540 more if you bundle your purchase with a Galaxy Tab S9 or Samsung Galaxy Watch 6. Like the Galaxy Z Fold 5 it's launching beside, the Galaxy Z Flip 5 introduces an improved Flex Hinge that enables a slightly slimmer build with no gap when closed and better withstands beatings from accidental drops.

Persons: you'll, It's Organizations: Samsung, Samsung Galaxy Watch, Verizon, Mobile, Galaxy Watch, Qualcomm Locations: Seoul

☆ Vodafone and Three merger faces scrutiny from competition regulators
▼ + stars: | 2023-06-15 | by ( Paul Sandle | ) www.reuters.com time to read: +5 min

The $19 billion tie-up will be scrutinised by Britain's Competition and Markets Authority, the antitrust regulator which made global headlines in April when it blocked Microsoft's $69 billion acquisition of "Call of Duty" maker Activision Blizzard. The long-awaited mobile deal reduces the number of networks from four to three, challenging a tenet long held by regulators that four help to keep prices low in major markets. "The government's desire to make the UK a 5G powerhouse requires a lot of investment," he said. One London-based investment banker, who declined to be named, said he put the chance of the deal receiving the green light from regulators at 50%. A major telecoms investor said the deal could be approved, but only with strong remedies, and that could risk undermining its rationale.

Persons: CK Hutchison, Activision Blizzard, Hutchison, Paolo Pescatore, Peter Broadhurst, Moring, James Gray, Sarah Cardell, Robert Finnegan, Gray, Paul Sandle, Amy, Jo Crowley, Sinead Cruise, Kate Holton, Emelia Organizations: Microsoft, Activision, Hutchison, O2, Vodafone, CK, HK, Britain's Competition, Markets Authority, Ofcom, European Commission, Foresight, Hutchison's, UK plc, Victoria, Crowell, CMA, Reuters, National Security and Investment, Britain's, Tesco Mobile, Telefonica, Thomson Locations: Hong Kong, Britain, Europe, China, London, Germany

☆ Your Amazon Prime plan might soon cut your cell phone bill down to around $10 — or even make it free
▼ + stars: | 2023-06-02 | by ( Steven Tweedie | ) www.businessinsider.com time to read: +3 min

Amazon could be gearing up to offer "Prime Wireless." The low-cost cell phone plan could help Amazon boost its Prime subscribers, Bloomberg reports. Amazon may soon be dangling yet another perk in front of prospective Prime members: the chance to save big on your monthly cell phone bill. The company is in talks with wireless carriers about potentially offering a Prime Wireless plan that could range from $0 to $10 per month for Amazon Prime members, Bloomberg reported on Friday. Even at $10 a month, a Prime Wireless plan would represent real savings for most people.

Persons: Bradley Mattinger, JD Power, Jeff Bezos Organizations: Bloomberg, Mobile, Verizon, Wireless, Amazon Prime, Amazon, juicing, Prime Wireless, JD, CNBC, Alexa

☆ Goldman Sachs says these are its top picks heading into quarterly earnings
▼ + stars: | 2023-04-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Earnings season is off and running and Goldman Sachs has named a host of stocks to buy ahead of the companies' quarterly reports. CNBC Pro combed through Goldman Sachs research to find stocks to own as first-quarter earnings kick off. They include Tesla, Boeing, CBRE , T-Mobile and Logitech. CBRE Group Goldman is standing by its buy rating on the real estate investment firm, even as lending standards tighten following the recent bank crisis. T-Mobile The wireless provider is Goldman's favorite growth stock, and favorite pick overall, the firm said in a recent earnings preview note to clients.

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