Japan's Softbank plans big stake in Sprint

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.

Saudi prince buys chunk of Twitter

Saudi billionaire Prince Alwaleed bin Talal has taken a $300 million stake in Twitter through his Kingdom Holding Company investment firm.