Tom Rutledge has met FCC chairman Tom Wheeler last week to talk the acquisition. As the merger has already been past its late March informal deadline for approval.

The Taiwanese company unveiled its new smartphone prior to launching. The smartphone is available in three colors.

Verizon Communications Inc will bid for Yahoo's web business, while Alphabet Inc's Google unit is also exploring options on bidding for it. Additionally, Verizon may also make an offer for stake in Yahoo's Japan subsidiary.

Gap Inc reported its sales results for the month of March. The retailer saw a decline in March sales, which pushed the shares down around 10%.

Philips is seeking to invest in healthcare technology start-ups in India, following other Fortune 500 firms in the world in empowering India's steadily growing start-up economy.

Apple Inc released an update for its OS X simultaneously. The iOS 9.3.2 for iPhone, iPad, and iPod was released for developers, along with watchOS, tvOS and Mac OS X 10.11.5.

The Korean electronic giant predicted a high increase of profit in its earning guidance. Successful sales of Galaxy 7 flagship product is the main contributor for the profit growth.

Data furnished in the Google dashboard as of April 4 suggest that market share of Android Marshmallow has grown double to 4.6% within a period of a month. However, analysts observe the market stake as very meager compared to that recorded by Android Lollipop during the same period of the previous year. Lollipop holds the market leader position in terms of retained stake.

Nest sparked outrage this week for disabling its smart home hub. It raises concern about customers right and ownership in the IoT era.

Dyson with its new air purifier is aiming to create fresh air within the household environment. The company's newly launched Pure Cool Link air cleaner pledges to clean up the pollutants enveloping the home atmosphere.