SoftBank is closer to finalizing a $20.1 billion merger with Sprint that would give the Japanese telecom a 70 percent ownership stake in the U.S.'s third-largest carrier.
Another Dubai Ports-type controversy over the foreign takeover of a sensitive U.S. corporate asset may be steaming into port.
Wireless network operator Clearwire said Wednesday that it will tap into $80 million in financing from Sprint, putting a hurdle in the way of a possible sale to Dish.
The industry group that hosts the annual gadget show known as International CES is dropping reviews website CNET as the picker of its "Best of CES" awards. It says CNET reviewers' objectivity was compromised by the site's corporate parent, CBS Corp.
The DVD and games rental company Blockbuster has become the latest entertainment firm to go into a form of bankruptcy in Britain, putting nearly 4,200 jobs at risk.
Technology reviews by website CNET have long been respected for their thoroughness and integrity, but that reputation has come under scrutiny after a top reporter quit over what he says is editorial interference by its parent company, CBS Corp.
Satellite TV provider Dish Network is offering to buy wireless network operator Clearwire _ which agreed to sell itself to Sprint in December _ for $3.30 per share, or $5.15 billion.
Dish Network Corp. revealed a set-top box called "Hopper" last year, named for its ability to send the TV signal "hopping" from room to room, covering all the TVs in the house. This year, it's upgrading the Hopper so that it follows you wherever you go _ even outside the house.
A California judge has rejected a request for a preliminary injunction against Dish Network's ad-skipping digital video recorder in a dispute that has pit broadcasters against a main distributor of their programming.
