5 Reasons Why the Sprint-T-Mobile Merger Looks Headed for Approval

Just over a year ago, T-Mobile, the third-largest wireless carrier, announced plans to acquire Sprint, the fourth-largest carrier. In the Obama era, regulators stepped in multiple times to prevent the U.S. wireless market from shrinking to just three major players via consolidation. But on Monday, Trump-appointed Federal Communications Commission Chairman Ajit Pai said he would […]

Data Sheet—How Tech Companies Like Amazon Are Reaching for New Markets

Never has the notion of swimming outside one’s lane been so exciting. Accenture, the spawn of Arthur Andersen turned consultant turned marketing guru is buying Droga5, a buzzy advertising agency. Odd fit? Maybe. But consultants increasingly have been veering into the business of marketing. Clients that need IT strategies need marketing strategies that happen to […]

Okta Says It Will Acquire Workflow Automation Startup for $52.5 Million

Okta, an identity-focused tech firm, said while reporting earnings Thursday that it plans to acquire Azuqua, a workflow automation startup based in Seattle, for $52.5 million in cash. Todd McKinnon, Okta’s chief executive, told Fortune the acquisition would not be material to revenues for the quarter, but that the acquisition “will have a huge impact […]

Is Warren Buffett Buying Southwest Airlines? Possibility Pushes Stock Up 4%

A few days after Warren Buffett told Berkshire Hathaway shareholders that the company is hoping to make “an elephant-sized acquisition,” investors have begun to speculate on what big game Buffett has in mind. The most likely candidate right now: Southwest Airlines. Southwest’s stock, which lists under the ticker LUV, rose 4.1% Thursday to $56.04 a […]