News bites: Huawei CEO breaks silence, denies threat

Huawei's CEO Ren Zhengfei, speaking to the media for the first time, denied that his company is a threat to U.S. cybersecurity, Reuters reports. 

The New York Times explains the uproar over the political ads from Mark Zuckerberg's group, Fwd.Us. 

SoftBank claimed its takeover bid of Sprint would save $3 billion a year, Bloomberg writes. 

Dish Network's first-quarter profit fell 40 percent, The Wall Street Journal reports. 

Microsoft is offering $1 billion to buy Barnes & Noble's Nook Media division, according to TechCrunch.