Monthly Archive: March 2011

Amazon in the Music Cloud! The internet retailer beats Apple and Google in the race for the Music Cloud, taking on the sleeping music labels. 0

Amazon in the Music Cloud! The internet retailer beats Apple and Google in the race for the Music Cloud, taking on the sleeping music labels.

On Tuesday Amazon.com launched the “Amazon Cloud Drive”. The service allows users to host all their music in the cloud and stream it to a PC, smartphone or tablet. The problem with this gigantic step is, the record labels are not pleased with that move, because they don’t know how...

AT&T swallows T-Mobile for $39 Billion! 0

AT&T swallows T-Mobile for $39 Billion!

http://www.facebook.com/widgets/like.php?href=http://themainstreetanalyst.wordpress.com/2011/03/20/att-swallows-t-mobile-for-39-billion/ AT&T acquires German T-Mobile USA for cash and stock deal valued $39 Billion.  The deal is subject to regulatory approval and can be expected to close in about a year. The deal will give Deutsche Telkom a stake of approx. 8% and a seat on AT&T’s board.