Apple Shares Drop on Downbeat iPhone Sales

Apple logs stronger-than-expected fiscal first-quarter earnings and revenue, but the consumer electronics giant shipped fewer iPhones than Wall Street had hoped for.

BlackBerry Finds a Buyer

BlackBerry agrees to sell itself for $4.7 billion to a group led by largest shareholder, Fairfax.

SoftBank Sweetens Offer for Sprint

Japan-based SoftBank has increased its offer for wireless carrier Sprint, offering $21.6 billion to help counter an unsolicited bid from Dish Network.