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Google Plans to Fund, Develop Wireless Networks in Emerging Markets

Amir Efrati, Reporter, The Wall Street Journal in News on May 24 at 11:35 am PT

Google Inc. is working to connect a billion or more new people to the Internet.

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Fake Magic Tricks Exposed on the Web!

Ellen Gamerman, Reporter, The Wall Street Journal in News on May 24 at 10:58 am PT

How do magicians keep their tricks a secret in the age of the Internet? Sleight of hand, naturally.

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Iran Hacks Energy Firms, U.S. Says

Siobhan Gorman and Danny Yadron, Reporters, The Wall Street Journal in News on May 24 at 7:30 am PT

Iranian-backed hackers have escalated a campaign of cyber assaults against U.S. corporations by launching infiltration and surveillance missions against the computer networks running energy companies, according to current and former U.S. officials.

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Microsoft Prevails Against Google in ITC Xbox Case

Steven D. Jones, Reporter, Dow Jones Newswires in News on May 23 at 5:12 pm PT

A federal trade panel has ruled that Microsoft Corp.’s Xbox doesn’t infringe on wireless patents owned by Motorola Mobility, another in a series of legal decisions that could quiet patent litigation surrounding popular consumer electronic devices.

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Dish Secures $9 Billion in Committed Financing for Sprint Bid

Shalini Ramachandran and Anton Troianovski, Reporters, The Wall Street Journal in Mobile on May 23 at 4:37 pm PT

Dish Network Corp. took one step closer to arranging $9 billion in committed financing for its $25.5 billion bid for Sprint Nextel Corp., according to people familiar with the matter.

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Google Copies Amazon’s Playbook

Greg Bensinger and Amir Efrati, Reporters, The Wall Street Journal in Commerce on May 23 at 3:39 pm PT

Google Inc. co-founders Larry Page and Sergey Brin say they don’t pay much attention to rivals. But the search company increasingly appears to be following Amazon.com Inc.’s lead.

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AT&T Imposes New 61-Cent Monthly Wireless Fee

Thomas Gryta, Reporter, The Wall Street Journal in Mobile on May 23 at 2:46 pm PT

AT&T Inc. has added a new monthly administrative fee of 61 cents to the bills of all of its contract wireless lines as of May 1, a move that could bring in more than a half-billion dollars in annual revenue to the telecom giant.

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Cost Controls Help Lenovo Profit

Paul Mozur and Juro Osawa, Reporters, The Wall Street Journal in News on May 23 at 9:50 am PT

Chinese personal-computer maker Lenovo Group Ltd. said profit in its latest quarter rose 90 percent from a year earlier because of cost controls, stronger pricing and robust shipments.