Updated throughout the day.

Apple (NASDAQ: AAPL) is at work on a smaller version of the iPhone (WSJ)

Facebook is considering a $1 billion sale of shares by employees (WSJ)

Google (NASDAQ: GOOG) may be Next New Networks (Reuters)

Several companies have expressed an interest in buying Warner Music (NYSE: WMG) NYPost

Angel Merkel will press Bundesbank chief Axel Weber to resign (WSJ)

Huawei will be blocked by the US government from buying a firm with a number of key security patents (FT)

Douglas A. McIntyre