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Showing posts from May, 2019

Axios Pro Rata: Sprinting off spectrum — Uber reports — Another Aramark buyout?

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Presented by Deloitte:   View in browser   Presented By Deloitte   Pro Rata By Dan Primack · May 31, 2019     Top of the Morning Illustration: Rebecca Zisser/Axios   Two big developments in the T-Mobile US/Sprint saga: The companies reportedly are considering wireless spectrum divestitures, in order to gain Department of Justice approval for their mega-merger. Bloomberg suggests they could sell it back to the government, which could then sell it to help establish a fourth national carrier (thus arguably negating some the merger's value proposition of cutting the number of national carriers to three). At some point, T Mobile CEO John Legere will need to answer for this tweet . Best-case defense is ignorance, which still isn't too great for a big company CEO. Worst-case is materially misleading. Amazo...

Tech companies are flexing on politically charged issues like gun control and abortion.

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Salesforce is telling companies that use its products that they can't sell military-style rifles. The move could jeopardize its relationship with customers like Camping World, which sells these kinds of guns and also spends about a million dollars a year with Salesforce — though that's just a drop in the bucket compared to Salesforce's $13 billion in annual revenue. The business software giant is one of a number of tech companies that have been flexing their clout lately on political issues. This week, for example, Netflix's CEO said the company would "rethink" its investment in Georgia if it institutes a restrictive abortion law. These companies' actions come on the heels of worker organizing, public pressure and political scrutiny over the past year regarding these issues. [ Jay Greene / Washington Post ] Malaysia became the latest Southeast Asian countr...