John Paczkowski

Recent Posts by John Paczkowski

Sprint Boosts Clearwire Bid, Topping Dish

Sprint has raised its bid for Clearwire once again, trumping an offer from rival Dish Networks.

Sprint, which bid $3.40 per share for Clearwire back in May, raised that buyout offer to $5 on Thursday afternoon.

The bid, which tops Dish’s offer of $4.40 a share by 14 percent, values the broadband wireless company at $14 billion.

Clearwire’s board promptly endorsed Sprint’s new terms, withdrawing its support for Dish’s bid and postponing a June 24 shareholder vote until July 8. Said CEO Erik Prusch, “The $5-per-share transaction with Sprint represents the best path forward for the company and is in the best interest of our unaffiliated stockholders.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald