Akamai Technologies Inc. rose the most in more than four months after forging a deal with AT&T Inc. to provide the carrier’s business customers with so-called content-delivery services.
AT&T Inc., the largest U.S. telephone company, sold an office complex in the San Francisco Bay area to Sunset Development Co. and MetLife Inc. for more than $250 million, a Sunset executive said.
AT&T Inc., the second-biggest U.S. mobile-phone operator, will be the exclusive carrier for Amazon.com Inc.’s new smartphone, according to a person familiar with the matter who asked not to be identified because the deal isn’t public.
Amazon.com Inc. Chief Executive Officer Jeff Bezos wants control of the smartphone home screen so he can put more of the company’s services squarely in front of consumers.
U.S. stocks rose for a second day as Apple Inc. rebounded from its biggest drop in four years and investors weighed prospects for a budget deal in Washington.