Today in Tech: Sprint betting billions on next iPhone

October 4, 2011, 7:30 AM UTC

Fortune’s curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the newsletter delivered to you every day.

* Sprint (S) is betting billions that the next Apple smartphone will boost its business. The number 3 mobile network in the U.S. reportedly committed to buy more than 30 million iPhones and doesn’t expect to make money off the deal until 2014. (The Wall Street Journal)

* Speaking of, Apple (AAPL) finally reveals the newest, spiffiest iPhone (or iPhones) later today. Check back with Fortune throughout the morning for the latest updates on what CEO Tim Cook and crew have brewing.

* Prolific TechCrunch writer MG Siegler is changing gears and becoming the newest partner over at Mike Arrington’s CrunchFund. He’ll still be contributing to TechCrunch as an Apple-focused columnist. (TechCrunch)

* Rhapsody is buying Napster. (CNET)

*  Google (GOOG) could be ponying up $100 million for new, original YouTube content, which includes a deal with retired skateboarder Tony Hawk. (The Next Web)

* Why Google VP Marissa Mayer thought the company only had a 2% chance of success. (Fortune)

* One market research and intel firm reports that 95,000 Kindle Fire units have already been pre-ordered. (Boy Genius Report)

* Adobe (ADBE) acquired cloud-based font-subscription service TypeKit for an unspecified amount. (BetaNews)

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