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TECHNOLOGY

Schumer urges look at security in Sprint deal

Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking.

2 hours ago

TECHNOLOGY

News Corp. OKs poison pill, buyback before split

News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete.

TECHNOLOGY

Taiwan cuts growth forecast on muted export demand

Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 percent as global demand for the island's electronics exports remained subdued.

TECHNOLOGY

Pandora posts in-line 1Q loss, upbeat sales

Internet radio company Pandora Media Inc. reported higher-than-expected revenue in the latest quarter, with losses in line with analysts' forecasts, as the number of subscribers who pay for ad-free listening more than doubled to exceed 2.5 million.

TECHNOLOGY

Prosecutor: IPad theft defendants ambushed victim

Two men accused of killing a high school freshman who refused to let go of his iPad were like wild animals ambushing a weak victim, a prosecutor said Thursday.

TECHNOLOGY

Lenovo says quarterly profit up 90 percent

Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded.