Sprint seeks majority control of Clearwire (Update)

(AP)—Flush with the promise of cash from a Japanese investor, Sprint Nextel Corp. on Thursday said that it wants to buy out the founder of Clearwire Corp. to gain majority control of the wireless network operator.

SKorea's Ticket Monster acquires Malaysian site

(AP) -- Fast-growing South Korean daily deal website Ticket Monster has acquired a Malaysian company in the first move of its expansion to other countries in Asia.

Telefonica deal to buy Brazil's Vivo falls apart

(AP) -- Spanish telecommunications giant Telefonica on Saturday pulled out of negotiations to acquire a euro7.15 billion ($9.3 billion) stake in Brazil's leading cell phone company Vivo.

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