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A $1 Billion Real Estate Boon Near Newark Commuter Station

2018-04-30 19:25:30| National Real Estate Investor

SJP and Aetna, both based in New York, envision offices, stores, a hotel, homes and a large public plaza next to the Broad Street hub.

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Gaia Spacecraft Creates Map of More Than 1 Billion Stars in Our Galaxy

2018-04-30 17:42:28| Extremetech

The ESA's Gaia spacecraft has already been studying the Milky Way galaxy for several years, and the second major dataset from Gaia has pinpointed the position and brightness of 1.7 billion stars in our galaxy. The post Gaia Spacecraft Creates Map of More Than 1 Billion Stars in Our Galaxy appeared first on ExtremeTech.

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T-Mobile and Sprint to merge in $26.5 billion deal

2018-04-30 02:00:00| Total Telecom industry news

T-Mobile has agreed a merger with its key competitor, Sprint, valued at over $26 billion, according to a company release.  The deal will see the US' third and fourth biggest network operators combine to form a company capable of challenging Verizon and AT&…read more on TotalTele.com »

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Amazon Q1 sales grow 43% to USD 51 billion, beating guidance

2018-04-27 08:22:00| Telecompaper Headlines

(Telecompaper) Amazon.com saw its net sales increase 43 percent year-on-year in the first quarter to USD 51.0 billion, beating its guidance. Operating profit jumped 92 percent to USD 1.9 billion, also better than expected, and net profit more than doubled, to USD 1.6 billion or USD 3.27 per share, from USD 724 million or USD 1.48 per share a year earlier. 

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Comcast makes GBP 22 billion formal bid for Sky

2018-04-25 13:07:00| Telecompaper Headlines

(Telecompaper) Comcast has announced a formal takeover offer for UK broadcaster Sky at GBP 12.50 in cash per share, valuing the company at GBP 22 billion (USD 31 billion), in line with its preliminary approach in February. This represents a 16 percent premium to the offer from 21st Century Fox. As a result, Sky is withdrawing its recommendation of the Fox offer and terminating their co-operation agreement. 

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