Technology News
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SoftBank Corp. will let the U.S. government have veto power over one nominee to Sprint Nextel Corp.’s board to ease security concerns if its $20.1 billion takeover bid succeeds, a person familiar with the matter said.
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Salesforce.com Inc., the largest maker of online customer-management tools, forecast profit for the fiscal second quarter that missed some analysts’ estimates as companies curtail spending on new business software.
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Hewlett-Packard Co., the largest personal-computer maker, rose the most in three months after its fiscal third-quarter profit forecast topped estimates as cost cuts help make up for slumping desktop and laptop demand.
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Colombian lawmakers shelved a bill designed to challenge the dominance of America Movil SAB in the mobile-phone industry, a victory for a company besieged by regulatory crackdowns in Latin America.
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