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Radio Shack’s 2nd Bankruptcy in 2 Years; The Era of The Gadget is Over

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Radio Shack sign
REUTERS/Brendan McDermid

In yet another clear sign that the era of the gadget is over, once prodigious gadget-seller Radio Shack files for bankruptcy on Wednesday…again. This is the second bankruptcy filing for the company in just two years. A strategy of partnering with Sprint didn’t produce the revenue the new owner’s anticipated and this second filing was unavoidable. So what happens now?

See what is in store for wounded giant Radio Shack… [Read more…] about Radio Shack’s 2nd Bankruptcy in 2 Years; The Era of The Gadget is Over

Sprint Throws a Life Preserver to Drowning Tidal

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Cash Infusion Buys Time for Struggling Service

Tidal logoTidal, the musician-owned music streaming service put together by rapper Jay Z, announced this week that it has sold a third of the company to telecom giant Sprint. Although the original announcement did not disclose the price, Billboard, the music industry trade journal, said that Sprint invested $200 million for a 33% stake in the company.

See more on the dynamic situation surrounding Tidal… [Read more…] about Sprint Throws a Life Preserver to Drowning Tidal