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Sprint and T-Mobile's have abandoned discussions about a potential merger.The companies issued a joint statement Saturday, after a week of speculation, saying they "have ceased talks.""While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. However, we have agreed that it is best to move forward on our own," said Marcelo Claure, Sprint's CEO.T-Mobile CEO John Legere also said there were benefits to consolidating, but added that, "we have been clear all along that a deal with anyone will have to result in superior long-term value for T-Mobile's shareholders."Shares of Sprint and T-Mobile tumbled Monday after rumors emerged that merger talks between the two companies were fizzling.On Monday it looked as if SoftBank, the Japanese conglomerate with a majority stake in Sprint, would end negotiations because of concerns about the ownership structure of the combined business, according to reports from Nikkei and The Wall Street Journal. Claure, the Sprint CEO, is also a member of SoftBank's board .Exactly what issue ultimately severed the talks was not immediately clear Saturday. Neither Sprint nor T-Mobile immediately replied to requests for comment by CNNMoney.This is the second time the mobile carriers have attempted to join forces and failed.Sprint and T-Mobile previously discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration.Related: Sprint owner says 'door is open' to mergers under TrumpThe companies expected to have a better shot at the merger this year under the Trump administration.SoftBank CEO Masayoshi Son said in May that the Obama administration was "quite tough on business," and added "the door is open" for potential mergers with the new administration.Son met with Trump the month before he took office to talk up an investment in U.S. businesses. The investment ignited speculation about Son and SoftBank trying to revive merger talks.A few weeks later, Legere said he was open to "various forms of consolidation" when asked about a potential merger with Sprint and SoftBank under the Trump administration. 2202
Sources: The AAF will suspend all football operations today. New owner Tom Dundon will lose approximately million on his investment. Dundon makes decision against wishes of league co-founders Charlie Ebersol and Bill Polian.— Darren Rovell (@darrenrovell) April 2, 2019 287
SOUTHLAKE, Texas - Southlake public safety officers came up with a creative way to free a beaver trapped in a lake on Sunday.According to Southlake DPS, officers responded to the lake after receiving several calls about a trapped beaver hanging off on a blue float. 273
Singer Shania Twain has apologized for saying she would have backed Donald Trump if she had been eligible to vote in the 2016 US presidential election.The Canadian said on Twitter that she did not "hold any common moral beliefs" with Trump and regretted appearing to endorse him in an interview with the Guardian that was published Sunday."I would have voted for him because, even though he was offensive, he seemed honest," the newspaper quoted her as saying. "Do you want straight or polite? Not that you shouldn't be able to have both. If I were voting, I just don't want bulls**t. I would have voted for a feeling that it was transparent. And politics has a reputation of not being that, right?" Twain said. 719
Social media dominated the top apps of the year.On Tuesday, Apple unveiled its list of the most downloaded iPhone apps of 2018. Topping the list is YouTube, followed by Instagram, Snapchat, Messenger and Facebook, respectively.Bitmoji — a Snapchat-owned app that lets users create an emoji that looks like them — dropped to sixth place on the list. It was the most downloaded app last year.It's been a challenging year for some social media companies, such as Facebook, which has faced criticism over privacy issues, data misuse, misinformation and election meddling on its platform. Nevertheless, Facebook's flagship app and two others owned by the company (Instagram and Messenger) made the top five on the most downloaded list.Snapchat also faced challenges this year, including navigating a controversial redesign that was widely panned by users, and heightened competition from Instagram — which has copied many of its popular features.Once again, the most popular paid app was selfie-editing tool Facetune (.99). Kirakira+ (<云转化_句子>.99), which lets you add cool effects to videos and photos, took second place.Apple declined to say how many times the apps have been downloaded.In gaming, it was no surprise that the immensely popular Fortnite topped the charts. The number two spot went to Helix Jump, a game in which players navigate a falling ball through a maze. That was followed by Rise Up, a game that lets players protect a balloon from obstacles.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 1560