On August 24, T-Mobile announced plans to
cut 5,000 jobs in the United States, reducing
the company's workforce by about 7%.
On August 24, T-Mobile announced plans to
cut 5,000 jobs in the United States, reducing
the company's workforce by about 7%.
NBC reports that the news comes as
the wireless carrier struggles with
rising costs and a competitive market.
.
NBC reports that the news comes as
the wireless carrier struggles with
rising costs and a competitive market.
.
Over the last three quarters, T-Mobile has
been amassing subscribers looking to purchase
cheaper plans through discounted bundles.
.
However, NBC reports that offering
these discounted subscriptions has
taken a toll on the carrier's profits.
What it takes to attract and
retain customers is materially
more expensive than it was
just a few quarters ago, Mike Sievert, T-Mobile CEO, via letter to employees.
What it takes to attract and
retain customers is materially
more expensive than it was
just a few quarters ago, Mike Sievert, T-Mobile CEO, via letter to employees.
T-Mobile CEO Mike Sievert said that the
layoffs targeting corporate and back-office
roles will take place over the next five weeks.
.
T-Mobile CEO Mike Sievert said that the
layoffs targeting corporate and back-office
roles will take place over the next five weeks.
.
According to Sievert, the layoffs will not
impact the carrier's retail and consumer care
divisions, but will extend to some technology jobs.
According to Sievert, the layoffs will not
impact the carrier's retail and consumer care
divisions, but will extend to some technology jobs.
NBC reports that the wireless carrier
expects to face a third quarter pretax
charge of approximately $450 million.
NBC reports that the wireless carrier
expects to face a third quarter pretax
charge of approximately $450 million.
Sievert said the company will look
to improve efficiency and cut costs by
implementing more centralized models.
Sievert said the company will look
to improve efficiency and cut costs by
implementing more centralized models.
In July, T-Mobile said it expected to
see wireless subscriber net additions
somewhere between 5.6 and 5.9 million.
.
In July, T-Mobile said it expected to
see wireless subscriber net additions
somewhere between 5.6 and 5.9 million.
T-Mobile Announces Deal , to Acquire Most of , U.S. Cellular .
T-Mobile Announces Deal , to Acquire Most of , U.S. Cellular .
On May 28, T-Mobile announced that
it will acquire most of competitor
U.S. Cellular in a massive $4.4 billion deal.
ABC reports that the deal would give T-Mobile,
already one of the largest wireless providers in
the United States, an additional 4 million customers.
ABC reports that the deal would give T-Mobile,
already one of the largest wireless providers in
the United States, an additional 4 million customers.
The deal will also see T-Mobile acquire
hundreds of brick-and-mortar stores
and a wider presence in rural areas.
The deal will also see T-Mobile acquire
hundreds of brick-and-mortar stores
and a wider presence in rural areas.
The acquisition will also expand T-Mobile's
spectrum rights, a federal license permitting
the transmission of mobile signals.
According to T-Mobile, the deal
is expected to close sometime
in the middle of 2025.
As customers from both
companies will get more
coverage and more capacity
from our combined footprint,
our competitors will be forced
to keep up -- and even more
consumers will benefit, Mike Sievert, CEO of T-Mobile, via ABC.
As customers from both
companies will get more
coverage and more capacity
from our combined footprint,
our competitors will be forced
to keep up -- and even more
consumers will benefit, Mike Sievert, CEO of T-Mobile, via ABC.
T-Mobile added that U.S. Cellular
will retain control of a portion of the
company's spectrum rights and cellular towers. .
According to T-Mobile, the deal will provide
customers with more competitive options to the
two largest U.S. wireless carriers: Verizon and AT&T.
According to T-Mobile, the deal will provide
customers with more competitive options to the
two largest U.S. wireless carriers: Verizon and AT&T.
By tapping into the additional
capacity and coverage created
through the combined spectrum
and wireless assets, T-Mobile
will spur competition, T-Mobile statement, via ABC.
The news comes after a series of
acquisitions for T-Mobile aimed at
accelerating the wireless provider's growth
Credit: Wibbitz Top Stories Duration: 01:31Published
Lisa Kudrow says she's finally rewatching 'Friends' because of Matthew Perry. The actress has previously admitted that she couldn't bring herself to watch reruns of the beloved NBC sitcom, explaining she didn't want to risk not liking her work on the show. But in a recent interview with The Hollywood Reporter to promote her upcoming Apple TV+ series 'Time Bandits,' Kudrow revealed that she's begun to revisit old 'Friends' episodes, in large part to keep the memory of her late co-star Perry alive. Perry died October 28th, 2023, at age 54.
Credit: The Hollywood Reporter Duration: 01:26Published
Travis Kelce , Makes First Onstage Appearance With, Taylor Swift.
On June 23, at the fourth of eight London
Eras Tour shows, Taylor Swift brought her all-star
boyfriend, Travis Kelce, on stage for the first time.
On June 23, at the fourth of eight London
Eras Tour shows, Taylor Swift brought her all-star
boyfriend, Travis Kelce, on stage for the first time.
Kelce appeared on the diamond walkway
at Wembley Stadium for his first-ever
onstage appearance with Swift.
Kelce appeared on the diamond walkway
at Wembley Stadium for his first-ever
onstage appearance with Swift.
Kelce performed alongside Swift for the intro
of 'I Can Do It With a Broken Heart' in the
new 'Tortured Poets' era of the show.
Normally, for the final transition of the show,
Swift is accompanied by two male dancers
who carry her to a heart-shaped couch. .
NBC reports that Kelce appeared in full
costume and showed off both his acting
and dancing skills while on stage.
The upbeat track from Swift's latest album
is reportedly about the wildly successful
Eras Tour and her breakup with
longtime partner Joe Alwyn in 2023. .
The upbeat track from Swift's latest album
is reportedly about the wildly successful
Eras Tour and her breakup with
longtime partner Joe Alwyn in 2023. .
The pair's high-profile relationship
has been going on for almost a year,
beginning with rumors last summer.
In September, the couple went public
with their relationships at a Kansas City
Chiefs game against the Chicago Bears.
According to NBC, Kelce had
already attended a number of
Swift's London Eras shows. .
Earlier this week, Swift posted a picture to Instagram of
her and Kelce with Prince William, Prince George and
Princess Charlotte, who also attended the June 20 show.
Earlier this week, Swift posted a picture to Instagram of
her and Kelce with Prince William, Prince George and
Princess Charlotte, who also attended the June 20 show
Credit: Wibbitz Top Stories Duration: 01:31Published
Supreme Court Rejects , Challenge to Tax Law on, Foreign Investments.
On June 20, the Supreme Court upheld a tax on foreign
corporate investments enacted by a Republican-controlled
Congress under former President Donald Trump.
On June 20, the Supreme Court upheld a tax on foreign
corporate investments enacted by a Republican-controlled
Congress under former President Donald Trump.
NBC reports that the case had attracted scrutiny when
conservative Justice Samuel Alito refused to recuse
himself despite ties with one of the challenging lawyers.
The case revolved around whether an individual can be
forced to pay taxes on investments in foreign-owned
companies regardless of if they were a source of income.
The case revolved around whether an individual can be
forced to pay taxes on investments in foreign-owned
companies regardless of if they were a source of income.
According to the 16th Amendment
of the Constitution, Congress has the
power to "collect taxes on incomes.".
In the case, Charles and Kathleen Moore claim they were
unfairly taxed on their $40,000 investment in an
India-based company called KisanKraft Machine Tools. .
While the company made a profit, the Moores
claim that they received no dividends and that
the money was reinvested in the business.
As a result, the Moores did not pay taxes between
2006 and 2017 on what the U.S. government later
defined as income from their investment. .
Due to a provision that was part of a major tax law
enacted by former President Donald Trump in 2017,
the Moores paid $15,000 in additional taxes.
They later sought a refund for that payment,
arguing that they had been unlawfully taxed
based on an increase in the value of a capital
investment not qualifying as income.
The couple's challenge was rejected
by the Supreme Court 7-2
Credit: Wibbitz Top Stories Duration: 01:30Published
Surgeon General Wants, Social Media to Include , Warning of Mental Health Risks.
On June 17, Surgeon General Vivek Murthy
called on Congress to require social media
platforms to give users a tobacco-style warning. .
On June 17, Surgeon General Vivek Murthy
called on Congress to require social media
platforms to give users a tobacco-style warning. .
NBC reports that Murthy warned that the
mental health crisis among young Americans
has become an urgent problem, citing social
media as "an important contributor.".
NBC reports that Murthy warned that the
mental health crisis among young Americans
has become an urgent problem, citing social
media as "an important contributor.".
According to Murthy, the warning would include
language that alerts users to potential mental health
harms associated with using social media.
A surgeon general’s
warning label, which requires
congressional action, would
regularly remind parents and
adolescents that social media
has not been proved safe, Vivek Murthy, U.S. Surgeon General, via NBC.
Evidence from tobacco labels
shows that surgeon general’s
warnings can increase
awareness and change behavior, Vivek Murthy, U.S. Surgeon General, via NBC.
Murthy reportedly went on to
acknowledge that a warning alone has
limitations and fails to make social media safe.
In an op-ed published in 'The New York Times,'
Murthy linked the amount of time spent using
social media with an increased risk for children
to develop anxiety and depression.
In an op-ed published in 'The New York Times,'
Murthy linked the amount of time spent using
social media with an increased risk for children
to develop anxiety and depression.
According to the American Psychological Association,
teens spend around five hours a day on popular
platforms like Instagram, TikTok and YouTube. .
In his 'NYT' op-ed, Murthy called on all social media
platforms to "proactively enhance and contribute to
the mental health and well-being of our children.".
One 2019 study found that the number of teens with suicidal thoughts increased 47% between 2008 and
2017, a period which also saw social media use soar.
Credit: Wibbitz Top Stories Duration: 01:31Published
Jelly Roll Calls Duet With Eminem , the ‘Coolest Moment’ of His Career to Date.
Jelly Roll performed a surprise duet
with Eminem on NBC's 'Live From Detroit:
The Concert at Michigan Central.'.
Jelly Roll performed a surprise duet
with Eminem on NBC's 'Live From Detroit:
The Concert at Michigan Central.'.
In an interview with 'Entertainment Tonight'
on June 10, the singer shared how elated he was.
When I think about coolest moments
of my career, right now at the top,
there has to be this thing that I got
to go sing with Eminem in Detroit, Jelly Roll, to 'Entertainment Tonight'.
I got to sing ‘Sing for the Moment’
with him, which is a record where
he sampled Steven Tyler. , Jelly Roll, to 'Entertainment Tonight'.
I mean, just what an incredible
night and I got to go do it
in Detroit. It was unreal. , Jelly Roll, to 'Entertainment Tonight'.
Jelly Roll went on to reveal that Eminem was the one who reached out to him to perform. .
Em reached out, his team reached
out and said, ‘Would you be interested
in doing this since he was already
there doing the secret tribute?', Jelly Roll, to 'Entertainment Tonight'.
I couldn’t believe it. I thought it was
a joke until I met Eminem himself …
As soon as I met Eminem, it was like
the coolest moment ever, man, Jelly Roll, to 'Entertainment Tonight'.
I was giddy, like a child.
You could see it all over my
performance. Just the kid in me. , Jelly Roll, to 'Entertainment Tonight'.
Jelly Roll is currently working on his new album, a follow-up to 2023's 'Whitsitt Chapel.'.
I have been drowning in this album. I’ve
never wrote more songs. I’ve never took
it more serious and I’m probably gonna
release more music this year than I’ve
ever released in a year of my career. , Jelly Roll, to 'Entertainment Tonight'
Credit: Wibbitz Top Stories Duration: 01:31Published
![T-Mobile Announces Deal to Acquire Most of U.S. Cellular [Video]](https://video.newsserve.net/300/v/20240528/1376732274-Mobile-Announces-Deal-to-Acquire-Most-of.jpg)
![Lisa Kudrow Reveals She's Rewatching 'Friends' for Matthew Perry | THR News Video [Video]](https://video.newsserve.net/300/v/20240627/1379720282-Lisa-Kudrow-Reveals-She-Rewatching-Friends-for.jpg)
![Travis Kelce Makes First Onstage Appearance With Taylor Swift [Video]](https://video.newsserve.net/300/v/20240624/1379480572-Travis-Kelce-Makes-First-Onstage-Appearance-With-Taylor.jpg)
![Supreme Court Rejects Challenge to Tax Law on Foreign Investments [Video]](https://video.newsserve.net/300/v/20240620/1379117630-Supreme-Court-Rejects-Challenge-to-Tax-Law-on.jpg)
![Surgeon General Wants Social Media to Include Warning of Mental Health Risks [Video]](https://video.newsserve.net/300/v/20240617/1378826624-Surgeon-General-Wants-Social-Media-to-Include-Warning.jpg)
![Jelly Roll Calls Duet With Eminem the ‘Coolest Moment’ of His Career to Date [Video]](https://video.newsserve.net/300/v/20240611/1378264516-Jelly-Roll-Calls-Duet-With-Eminem-the-Coolest.jpg)
