Saintel Daily

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  • Puerto Rico Defaults Public Debt

    Puerto Rico Defaults Public Debt

    You thought you had issue paying your bills. That nothing compared Puerto Rico. They have defaulted on their public debt. The government confirmed that it did not make a payment of $58m which was due. The US territory is just getting deeper into its decade long debt crisis. This should not be a surprise. There have been warnings…

  • AT&T completes acquisition of DirecTV

    AT&T completes acquisition of DirecTV

    AT&T completes acquisition of DirecTV just days after the Department of Justice gave it the green light. The deal was helped by the FCC Commissioner Tom Wheeler who recommend its approval. FCC may have voted to approve the $49 billion AT&T / DirecTV merger but it placed a few conditions. The set of conditions are in place for only four years. One…

  • Is Znaps Kickstarter darling or vaporware?

    We are not fans of Kickstarter or the like because we have been burned before. However, Znaps seems to be very promising. That said even though Znaps said they have done all their due diligence on checking to make sure that no patent rights are violated. Apple may snuff out the product before it hits markets. The problem…