Welcome to the Tech Mem Ride Home for Monday, April 30th, 2018.

Today, the T-Mobile Sprint Merger.

Fitbit wants to share health data with doctors, Oculus wants virtual reality

theater, Galaxy S9s get a storage boost, and did Jeff Bezos become a billionaire

simply because he wanted to live in space?

Here's what you miss today in the world of tech.

So I guess rumors are only rumors until they become fact.

If you'll recall on Friday I talked about the seemingly endless rumors of a T-Mobile Sprint merger

and on Sunday afternoon those rumors became fact.

T-Mobile announced it would be acquiring Sprint for around $26 billion in stock.

Deutsche Telecom, parent company of T-Mobile, would be taking a 42% stake and Soft Bank, which has long had a majority

position in Sprint, will control 27% of the combined company.

Going forward, the company will be known as T-Mobile and T-Mobile CEO John Ledger will be the

combined company's CEO.

On a Sunday conference call, Ledger said, quote,

we are going to have an impact on America.

We are going to drag the rest of the players kicking and screaming to the prize,

which is American leadership in 5G networking.

Before the announcement, T-Mobile had a market

capitalization of 55 billion, and Sprint

is valued at 26 billion.

Combined, the new company would have about $74 billion in annual revenues and 70 million wireless

...