Archive for Apr 28, 2010

iPhone HD saga continues: lawyers retained & shield laws doubted

iPhone HD saga continues: lawyers retained & shield laws doubted

The stolen/lost/misplaced iPhone HD saga continues, with news that - in the aftermath of Gizmodo editor Jason Chen coming home and discovering police had raided his house in the hunt for incriminating evidence of the $5k deal - Chen has hired a criminal lawyer to represent him while Gawker retained a First Amendment specialist to advise them on their case.  The company maintains that Chen - and the other staff involved - are protected by California's journalism shield laws; however at least one legal expert has suggested that such a defence has been incompletely tested by the courts.

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Sprint report $865m loss in Q1 2010: peg hopes on HTC EVO 4G

Sprint report $865m loss in Q1 2010: peg hopes on HTC EVO 4G

Sprint's first quarter 2010 financial results are out, and they don't make for happy reading if you're a shareholder of the carrier.  The company has reported net operating revenues of $8.1 billion, working out to a net loss of $865 million, while it's still haemorrhaging subscribers too: 75,000 net jumped ship in the three month period.  Still, Sprint are managing to make lemonade out of the numbers: that 75k loss, for instance, is a whopping 670,000 fewer than their disastrous Q1 2009 results, net revenues were up and they've still got $4.4bn in cash, cash equivalents and short-term investments.

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