Sprint to outsource network operations to Ericsson

Sprint Nextel Corp. has reached a long-rumored deal worth as much as $5 billion to turn over day-to-day management of its network to Ericsson. Ericsson will take over daily operations and maintenance of Sprint's voice, data, and wireline networks. It will also take on 6,000 Sprint employees.

Microsoft Bing steals more market share from Google

Microsoft Bing -- which was unveiled at the end of May -- ensnared 5.25 percent of the search market over those four weeks, according to Hitwise data. Google still maintains a healthy 74 percent of U.S. Internet search in the four weeks ending on May 27.

New York lawyer plans lawsuit against Tagged.com

New York Attorney General Andrew M. Cuomo plans to file a lawsuit against social-networking Internet site Tagged.com, accusing the privately held company of using deceptive email marketing practices and invasion of privacy, the WSJ reported.