News bites: Softbank said to be in talks to buy Sprint

Japanese wireless carrier Softbank is in advanced talks to buy Sprint Nextel for about $12.8 billion, according to The Wall Street Journal.

Netflix settled with a deaf-rights group and agreed to caption all its videos by 2014, Ars Technica reports.

Google Chairman Eric Schmidt said his company is in the industry's "defining fight" with Apple, AllThingsD writes.

The Associated Press reports that indicted Megaupload founder Kim Dotcom is planning to launch a new site.

Reuters reports that Amazon got approval from the Federal Communications Commission to sell its Kindle Fire 4G tablet, which it unveiled last month.