LinkedIn has introduced a Twitter-like feature for all users: A follow button. It brings professional networking platform one step closer to the “media” side of its “social media” mandate.
After showing signs of shaking the AT&T merger specter, T-Mobile is shedding customers again, posting a 205,000 subscriber loss in the second quarter. T-Mobile has shrunk by about 400,000 subscribers in the last year while all of its competitors have grown.
Sprint saw 1 million Nextel and Boost customers kick their phones to the curb in Q2. But Sprint managed to steer 600,000 of those departing subscribers to CDMA contracts or its prepaid brands. Helped by steady iPhone sales and its MVNO business, Sprint managed to grow.
A day after Netflix management signals its intention to plow any profits for the foreseeable future into international expansion, Wall Street once again craters the company’s stock price.
Though AT&T’s smartphone penetration is well over 60 percent, it keeps activating new smart devices at a rapid clip. AT&T remained the carrier of choice for iPhone customers. It added 3.7 million iPhones in the second quarter, 22 percent of which came from competitors.
Cleantech investment is on the rise again, according to two reports released this week, hitting $1.2 billion in the second quarter. “Cleantech venture investment has rebounded moderately after free-falling for two consecutive quarters,” said Brian Fan, senior director of research for the Cleantech Group, in a press release. Other signs of recovery include more mergers and acquisitions, as well as increased solar tax equity, he said.
The Cleantech Group, which tracks deals in North America, Europe, China and India, said Wednesday that cash was distributed among more companies, too: 94 compared with 82 in the first quarter. Meanwhile, Greentech Media put the number of deals in the second quarter at 85 vs. 59 in the first.
Read More about The Rebound Begins: Cleantech Gets More Cash in Q2