Sprint Nextel is mulling changes to its WiMAX plans, including a potential merger of its wireless broadband unit with start-up Clearwire.

  Five ACS directors agreed to step down following a failed $6.2 billion buyout, even as they accused Chairman Darwin Deason of "bullying and thuggery."

  Electronic Arts posted a loss as revenue fell 18%, hurt by the videogame giant's decision to defer some sales. The latest Madden NFL title sold 4.5 million copies.

  The Nasdaq fell more than2% amid weakness in the broader markets. A few tech giants showed early strength, but only Microsoft, bucked the trend.

  MySpace agreed to use Google's OpenSocial specification for social networks, setting up a potential standards fight with Facebook.

  Lenovo plans to sever ties with the IBM brand earlier than expected, as the Chinese computer maker posted a surge in quarterly profit and ThinkPad shipments.

  Kodak's CEO said the film giant was making progress in its slow, painful transition to digital photography. Digital sales rose 12% in the third quarter.

  Cisco Systems said it would almost double its investments in China over five years to $16 billion and create at least two joint ventures there.

  IBM is launching a "major initiative" to boost sales in the data-security market, including $1.5 billion in spending on marketing and product development.

  Federal lawmakers are trying to replicate Kentucky's program to bring broadband service to every home in a campaign for nationwide broadband service.

  Sharp beat a low-priced upstart to sell the most LCD TVs in the U.S. in the July-September quarter.

  Specific Media raised $100 million in financing from private-equity firm Francisco Partners, another sign of the investment frenzy over Internet ads and their ability to generate revenue.