Hood Leaves Jamba for More Entreprenurial Hoods

Lucy Hood, CEO of Jamba and President of Fox Mobile Entertainment, announced her resignation today. She says that she’s eager to pursue more entrepreneurial venturesJamba COO Lee Fenton will assume her Hood, who has been with News Corp. for more...

Google Acquires Mobile Microblogging Service: Jaiku

Google is acquiring Finnish social mobile microblogging service, Jaiku. Tony Hsieh, Product Manager manager at Google said “We’re excited to announce that we’ve acquired Jaiku, a company that’s been hard at work developing useful and innovative applications for staying in...

AT&T Says Aloha to New Spectrum for $2.5 Billion

AT&T Inc.announced its board of directors has approved an agreement to purchase spectrum licenses covering 196 million people in the 700 MHz frequency band from Aloha Partners, L.P., a Delaware limited partnership. The transaction enhances AT&T’s spectrum position by adding...

Forgone Conclusion: Sprint CEO Foresee Resigns from Sprint

Sprint Nextel announced today that Gary Forsee is stepping down as the company’s chairman, president and chief executive officer (CEO), effective immediately. A committee of the Sprint Nextel Board of Directors has been formed and is conducting the search for...

Merging Minds: Air2Web & Mindmatics

U.S. mobile marketing company Air2Web and European mobile marketing services provider Mindmatics AG announced their mergerAir2Web and MindMatics claim the merger will result in "the world's largest, independent, pure-play mobile marketing agency." Frost & Sullivan estimates the value of worldwide...