Sprint Nextel has announced that its Board of Directors has formed a Special Committee of independent directors to examine and carefully evaluate the proposal received from DISH with its financial and legal advisors. Read More
Liberty Global, Inc. and Virgin Media Inc. today announced that they have entered into an agreement, subject to shareholder approvals, pursuant to which Liberty Global will acquire Virgin Media in a stock and cash merger valued at approximately $23.3 billion. Read More
Akamai Technologies, Inc. (NASDAQ: AKAM), one of the largest Internet content delivery networks headquartered in Cambridge, Massachusetts, today released its Third Quarter, 2012 State of the Internet report. . Read More
Boxee, the New York based software company that pioneered the Cloud DVR, and Sigma Designs® (NASDAQ: SIGM), a provider of System-on-Chip (SoC) solutions for home entertainment, connectivity and converging multimedia delivery, today announced they have teamed up with to develop a new cloud-based entertainment solution on Sigma's UXL processor.read more. Read More
Investors were surprised when Google’s quarterly results appeared hours early today, then were shocked to read the search and advertising giant missed expectations on both revenue and earnings. Read More
one comment
As of mid-afternoon on Friday, in one of the most anticipated initial public offerings (IPOs) in history, shares of social networking giant Facebook were up by about 2.5 percent in their first day of trading. Read More
12 comments
Zynga Inc. has officially filed for its initial public offering in documents that value the social gaming firm at between $7.7 billion and $9.04 billion, about a third less than the $14.05 billion valuation in the company’s previous filing. It now is offering 100 million shares – 14.3 percent of its total – for $8.50 to $10 each. Read More