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Netflix backs El Chapo documentary investment despite Sean Penn's warning

With Netflix shares at record levels and a multibillion-dollar plan to expand its original content platform already in place, the streaming giant stood its ground on Friday despite actor Sean Penn’s warning that the release of a new documentary about notorious Mexican drug lord El Chapo could endanger his life.

T-Mobile, Sprint close to agreeing deal terms: Sources

T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp , people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers.