News bites: Verizon-Vodafone could spark more mergers

Verizon's bid to buy out Vodafone's stake in its wireless business would be one of the biggest deals in history and could spark more mergers in the industry, according to The Wall Street Journal

Microsoft and American Express are competing to invest in Foursquare, according to Bloomberg. 

Wired predicts a showdown between tech companies and the government over surveillance. 

The New York Times provides an overview of Facebook's proposed privacy update