T-Mobile intros new family plan for $120; Ericsson's second-biggest shareholder sounds the alarm bell

More wireless news from across the Web:

> According to new findings from Machina Research, the smart city market could waste up to $341 billion by 2025 on non-standardize deployments of Internet of Things technologies. Cellular News article

> Microsoft plans to launch its Edge browser extensions onto mobile devices. TechnoBuffalo article

> Verizon's DT Ignite app for the Samsung Galaxy S7 will allow the carrier to remotely install apps during initial device setup, or after a factory reset. Cnet article

> T-Mobile's latest family plan promotion offers 6 GB of high-speed data to four lines for $120 per month. PhoneArena article

> Ericsson's second-largest shareholder is warning that the company is facing increasing troubles. Bloomberg article

> LG is reportedly reshuffling its executive ranks in order to speed its mobile division. 9to5Google article

> Lenovo's Motorola reportedly plans to release two new flagship Moto X devices. VentureBeat article

> Xiaomi introduced its new Mi Max, which sports a 6.44-inch screen, in China for $230. VentureBeat article

Mobile Developer News

> Digital marketing research firm eMarketer recently pointed out mobile video ad spending is growing faster than any other digital advertising format in the United States. As such, mobile developers who deploy engaging video ads could capitalize on a significant revenue opportunity. Editor's Corner

> Samsung's ARTIK Cloud platform offers a lot of options to mobile app developers -- but it remains unclear whether they'll bite. Feature

Telecom News

> Sprint has launched a new wireline business unit to provide a set of IP-based services to global business customers, illustrating its dedication to the industry segment. Article

Cable News

> Cablevision's fleet of four Sikorsky helicopters will be the first to go when Altice NV likely closes its $17.7 billion purchase of the MSO later this month. Article

> Time Warner Cable and Cox Communications battled major service outages in the New York City area and other parts of the Northeast, the result of two fiber cuts to Level 3's network. Article

And finally… HP Tech Ventures is targeting areas such as 3-D printing, virtual reality and artificial intelligence for investment. Article

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