Microsoft is reportedly in advanced talks to buy Mojang, the maker of the hit game 'Minecraft' for $2 billion.
Minecraft is currently the number one paid for game in the Apple App Store.
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Phones 4u's official Twitter account says the team is "heartbroken" that the company has been placed into administration threatening over 5,500 jobs.
To our customers, following the unexpected news we are now offline. http://t.co/UNyJqK7k7q Thank you, The heartbroken Phones 4u Team.
Entrepreneur John Caudwell, who founded the business in the 1980s and sold it in 2006 for nearly £1.5bn, also took to Twitter to say how "sickened and saddened" he was by the news.
Phones 4u remains a profitable business with a turnover of over £1 billion, the company has said after it announced it was going into administration.
In a statement, it said.
The unexpected decisions by both Vodafone and EE have come as a complete shock to the business. The company is in a healthy state and both EE and Vodafone had, until very recently, consistently indicated that they saw Phones 4u as a long-term strategic partner.
Phones 4u said all mobile contracts bought through Phones 4u will remain unaffected and the networks will continue to provide mobile services to these customers.
The process of appointing PwC as an administrator is expected to take place tomorrow.
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Irish rock band U2 surprised fans worldwide last night by giving away their first album for more than five years after performing at the iPhone 6 and Apple Watch launch.
The band gave Songs Of Innocence to around half a billion iTunes music store users as well as subscribers to their website.
The announcement was made at the Apple launch last night and is the latest collaboration between the band and technology firm
We wanted to make a very personal album. Let's try to figure out why we wanted to be in a band, the relationships around the band, our friendships, our lovers, our family.
The 11-track album will be given an official release on October 13 and is their fist record in five years after 2009's No Line On The Horizon.
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Questions have been raised over the future of Apple's iPod classic after the launch of the iPhone 6 and smartwatch.
The music playing device no longer shows up on the Online Apple Store or the technology giant's dedicated page to the iPod.
The iPod website does however still promote other versions of the device including the touch, nano and shuffle.
Apple has not made an official statement regarding the iPod classic, which was released in 2007 and has changed little since.
The iPhone 6 and iPhone 6 Plus will have larger screens and be thinner than their predecessors and will be available to pre-order from Friday.