Digital security company Gemalto NV was hacked by American and British spies to steal encryption keys used to protect the privacy of cellphone communications, news website Intercept reported, citing documents provided by whistleblower Edward Snowden. The hack by the National Security Agency (NSA) and UK’s Government Communications Headquarters (GCHQ) allowed the agencies to monitor a large portion... 

A group of advisers has been hired by Verizon Communications Inc to take full control of Verizon Wireless where Vodafone Group Plc is the joint partner, as per quoted by two known people. Already of 55 percent stake in Verizon Wireless has been captured by Verizon & also not yet put a proposal forward to Vodafone. But again for an upcoming bid legal & financial advisers has been hired by the... 

$25.5 billion is the cash & stock deal raised for Sprint Nextel Corp & the bid raised to bought this Corp was much higher than Japanese Mobile Phone Company Soft bank than Dish Network. Japanese firm Soft Bank Corp is looking to close the deal by acquiring 70 percent of Sprint Nextel’s stake i.e. investing $20 billion & if this deal happens then it would be the biggest foreign acquisition...