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Profit-sapping competition is making Sprint’s turnaround tough.


The deal may also require Qualcomm to lower its royalty rates by around a third on patents used in China.


Intuit said fraudulent activity was not due to a security breach of its systems.


The trend in visitor numbers overshadowed better-than-expected quarterly results.


The company also announced a $5 billion share buyback.


Sprint’s net loss, however, more than doubled to $2.38 billion from the same period a year ago.


Personal data of millions may have been taken.


Ross Ulbricht faces a sentence of up to life in prison.


The ride-service provider seeks to overcome a ban on connecting passengers to private cars in Asia’s fourth-largest economy.


Strong sales of image sensors and game consoles helped profit top estimates.
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