Sprint to pay $2.1B for the rest of Clearwire (Update)

(AP)—Sprint Nextel has offered to buy out the minority shareholders of Clearwire for $2.1 billion in a deal that would give it total control of the flailing company and also more space on the airwaves for data services.

Wipro profit up better than expected 24 percent

Wipro reported September quarter profit of 16.1 billion rupees ($300.6 million) Friday, an increase of 24 percent in rupee terms, as customers in Europe turned to outsourcing to cut costs and growth begins to return to the ...

Infosys profit up 5 percent, misses expectations

Profit at India's Infosys Technologies rose 4.9 percent in dollar terms for the September quarter, the company said Friday, missing expectations amid tepid demand from global clients struggling with economic uncertainty.

Oracle CEO to experiment on his Hawaiian island

(AP)—Oracle CEO Larry Ellison envisions his recently acquired Hawaiian island becoming a "little laboratory" for experimenting with more environmentally sound ways to live.

Facebook tailoring ad services for businesses

Facebook's chief operating officer was in New York on Monday working to bolster investor confidence with assurances that the social network was intent on making money.

BlackBerry maker RIM's stock rebounds after results

BlackBerry maker Research in Motion's stock rallied sharply Friday a day after reporting a narrower-than-expected loss, as analysts debated whether the smartphone maker is poised for a rebound.

Time not ripe for Twitter IPO, CEO says

Twitter is not readying a public offering nor is it seeking to be sold to another group, chief executive Dick Costolo said Wednesday.

Google Fiber strikes deal to carry NFL Network

The National Football League has struck a deal with Google Fiber for carriage of its two cable channels on the search engine's new broadband distribution service it is offering in Kansas City, Mo., and Kansas City, Kan.

PC maker Dell to pay dividends

Struggling computer maker Dell announced Tuesday it will use some of its cash stockpile to pay shareholder dividends as it pursues a shift to services.

page 2 from 4