Tech

How big tech got even bigger

The tech industry’s titans were already huge before Covid-19, the subject of soaring valuations and snowballing antitrust investigations. The pandemic has only made them bigger. A lot bigger.

T-Mobile to spend up to $3B on saying bye to Sprint

The Bellevue, Wash., company said it would spend $2.5 billion to $3 billion before taxes folding the stores, employees and network infrastructure it acquired from its one-time competitor into the new business. The company spent about $1.9 billion on such expenses last year.

Pet shops left behind as Amazon, Chewy reap benefits from adoption surge

As more people spend time at home and invest in fuzzy friends amid the pandemic, the pet industry ballooned to $100 billion just last year with sales up 9% year over year. However, the profits have disproportionately favored digital retailers, leaving brick-and-mortar pet shops in a rough patch.