T-Mobile USA Inc., the fourth- largest U.S. wireless carrier, named John Legere as chief executive officer, turning to a phone-industry veteran to reinvigorate growth and challenge Verizon Wireless and AT&T Inc.
Akamai Technologies Inc., the operator of a server network that lets businesses speed data delivery, forecast fourth-quarter sales that topped some analysts’ estimates. The shares rose as much as 14 percent.
Donna Jaegers of D.A. Davidson & Co. talks with Bloomberg's Pimm Fox and David Wilson about Comcast Corp.'s imposition of a fee on Internet middleman Level 3 Communications Inc., one of the companies that Netflix Inc. has hired to deliver movies and TV shows to Web customers.
David Kenny, a Yahoo! Inc. board member, said he isn’t a candidate to become chief executive officer at the company, squelching speculation sparked by his resignation last week as president of Akamai Technologies Inc.