The New York Times reports Alibaba has agreed to pay about $75 million for a minority stake in ShopRunner, a retail shipping service run by Scott Thompson, who briefly served as Yahoo’s chief executive.
CBTS, a provider of cloud and infrastructure solutions, combined forces with its corporate counterpart, Cincinnati Bell Business Markets. The result is a “new” CBTS with an integrated product portfolio and sales force.
Zayo Group, LLC announced it has executed a definitive agreement to purchase Access Communications, Inc., a provider of metro bandwidth infrastructure services in Minneapolis-St. Paul, Minn., for a purchase price of $40 million, subject to certain adjustments.
Samsung Telecommunications America, LLC today announces the 6.3-inch Samsung Galaxy Mega for the U.S. market.
Cricket today introduced its Back-to-School Mobile Pact for Students, an agreement parents can share with their kids that outlines etiquette and behavior guidelines.