Softbank shares plunged on news it is in talks to buy a majority stake in Sprint Nextel for more than $12.8 billion, adding yet another potential shake-up to the fast-changing U.S. wireless market.
Sales of personal computers worldwide declined a shocking 8% in the third quarter, according to technology research firm Gartner.
Apple largest contract manufacturer has been pushing for a Chinese worker left brain-damaged in a factory accident to be removed from hospital in a case that throws a harsh new spotlight on labor rights in China.
David Ebersman is Facebook’s well-liked, boyish-looking 41-year-old chief financial officer. He’s not as well known as Mark Zuckerberg, Facebook’s founder and chief executive, or Sheryl Sandberg, its chief operating officer and recently appointed director but the catastrophic IPO is being laid firmly at his door. The New York Times reports.