The European Union's antitrust chief on Monday offered Google a chance to settle an investigation into allegations of anti-competitive behaviour after the world's most popular search engine indicated its willingness to resolve the issue amicably.
The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.
Tuesday, 15 May 2012 | Source: Christian Science Monitor
Scott Thompson was hired as Yahoo CEO—the embattled company's fourth in five years—for his record as an executive, not the degrees on his resume. But the fabrication was costly, the Christian Science Monitor reports.
News Corp. hit back at assertions made by the Leveson inquiry’s lawyer last week that its chairman and chief executive Rupert Murdoch may have been lying to it when he gave evidence, the Financial Times reports.
AT&T has held talks to buy smaller rival Leap Wireless International in recent months, according to people familiar with the matter, in the latest sign U.S. carriers are looking at acquisitions as a way to grow in a mature market.
Thursday, 10 May 2012 | Source: The New York Times
Matt Cohler was employee No. 7 at Facebook. Adam D’Angelo joined his high school friend Mark Zuckerberg’s quirky little start-up in 2004 — and became its chief technology officer. Ruchi Sanghvi was the first woman on its engineering team, the New York Times reports.
Marubeni is in advanced talks to buy U.S. grain and energy trader Gavilon for about $5.2 billion including debt, a source close to the deal said on Tuesday, as Japanese trading houses expand an overseas buying spree to secure grain supplies.
Green Mountain Coffee Roasters stripped founder Robert Stiller of his chairman title after a plunge in the stock price forced him to sell 5 million shares to meet margin call requirements. The lead director was also removed from his post for the same reason.
Tuesday, 8 May 2012 | Posted By:
| Source: CNBC.com
FCC Chairman Julius Genachowski pointed out Tuesday that the creation of Apple's iPhone and the development of the Android have made the U.S. the leader in wireless technology.
Rupert Murdoch faces limited risk of losing News Corp's <NWSA.O> broadcast permits in America, even amid screaming headlines in Britain that the media mogul is unfit to run a major company.
Troubled Dutch telecoms group KPN welcomed a 3.2 billion euro ($4.2 billion) offer by America Movil, the telecoms giant controlled by Mexican tycoon Carlos Slim, to buy a stake of up to 28 percent, and said the move showed KPN's shares were undervalued.
Wynn Macau posted robust growth in the first quarter, helping to boost its parent group Wynn Resorts flagging Las Vegas revenue — underlining the incentive for CEO Steve Wynn to develop his business further in the bustling enclave off China's coast.
Marubeni Corp said on Monday it was interested in acquiring U.S. grain and energy trader Gavilon, establishing it as the most likely Asian buyer of the company as rival Japanese trading houses played down the chances they would bid.
The TV industry is on the brink of a revolution thanks to the convergence of personal computers, the Internet and television. CNBC spoke with media heavyweights, tech titans and Internet innovators to get their predictions of where television is heading, and how they hope to be involved.