MetroPCS shareholders have filed a lawsuit attempting to block the company's merger with T-Mobile USA, claiming that MetroPCS's board members are simply trying to line their own pockets.
The US Court of Appeals has overturned the ban on sales of Samsung's Galaxy Nexus phone, saying the California court that imposed it had 'abused its discretion'.
Japan's Softbank is considering taking a large stake in Sprint Nextel, in a deal which could revive the struggling carrier's fortunes - and increase competition in a market dominated by Verizon and AT&T.
Samsung has reported a quarterly profit of $7.3 billion - nearly double the figure for the same period last year, and well above analysts' expectations - thanks to strong sales of high end televisions and Galaxy phones.
Flushed with success from successfully closing a 'scareware' case on Tuesday, the Federal Trade Commission has succeeded in getting six more such outfits closed down.
After a four-year slog, the Federal Trade Commission has succeeded in extracting $1.63 million from a 'scareware' marketer, finally closing its first such case.
