News of Note—Sprint’s layoffs, Apple’s acquisition, fiber deep and more

news of note
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Here are the stories we’re tracking this morning:

> Sprint is cutting 500 jobs from its Kansas headquarters as the company makes progress on its plan to reduce redundant jobs and consolidate under a smaller leadership team. Kansas City Business Journal article

> Apple Music now counts 38 million subscribers. BGR article

> The CEO of MoviePass retracted comments regarding how the company tracks the location of customers who use its mobile app. BRG article

> The University of Arizona is mining data from students’ CatCard student ID cards to predict what they might do. Fortune article

> Google’s Larry Page is backing a company called Cora that is building an autonomous flying taxi. CNBC article

> Apple will acquire the digital magazine service Texture. Ars Technica article

> Airspan Networks said it is taking a lead role in the new “AutoAir” consortium, which is geared toward creating neutral host-based small cells in the United Kingdom. Release

> Apple’s fledgling video team has been on a hiring and content-buying binge for months now, but the company has still not offered up many details about how its streaming service will work. FierceVideo article

> Cable operators’ moves to drive fiber deeper into their networks to satisfy a growing array of next-gen bandwidth capabilities for consumers and business customers is creating a potential revenue source for a host of optical vendors as well as network construction and engineering companies. FierceTelecom Editor’s Corner