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AT&T and Time Warner on Saturday announced they had reached a merger deal, setting off alarm bells across the industry. AT&T has agreed to buy Time Warner for $85.4 billion. At least a year's worth of regulatory scrutiny, public hearings and political maneuvering is expected. The deal, which...

Airbnb recently proposed changes to its listing policies for short-term rental property owners in New York City and San Francisco, possibly in response to threats of aggressive action from state and local lawmakers. With respect to New York operations, Airbnb on Wednesday proposed a set of five chan...

Three owners of Galaxy Note7 smartphones this week filed a complaint in a federal court in Newark, New Jersey, that could become a class action lawsuit against Samsung. "Plaintiffs and the Class have suffered injury in fact, incurred millions of dollars in fees, and have otherwise been harmed by Sam...

Just when most of the country is on vacation -- including the U.S. Congress -- federal government agencies become active in awarding contracts. The federal fiscal year ends on Sept. 30, and many agencies wait until the last quarter of the year to make acquisitions. The last few months have brought b...

Salesforce, the last known suitor for Twitter, last week officially bowed out of the running for an acquisition deal, a move that forces the embattled company either to look for a new savior or find some internal answers to its lingering inability to find a winning growth strategy. Salesforce walked...

Verizon last week indicated that its $4.8 billion acquisition of Yahoo could be in jeopardy in light of its delay in disclosing a massive 2014 data breach that compromised about 500 million account holders. Verizon may need some additional assurances about the effects of the breach, suggested Genera...

The massive amount of data available from connected devices creates an unprecedented opportunity for increased optimization of products and services -- and, consequently, revenue. The deep investment in big data gathering and analytics is fueled by an ability to create added value for companies base...

Snap this week hired Morgan Stanley and Goldman Sachs Group to manage its IPO, according to multiple reports citing people familiar with the matter. JPMorgan Chase, Deutsche Bank, Allen & Co., Barclays and Credit Suisse Group reportedly also will play a role. The IPO, expected as early as this s...

Amazon last week launched Prime Reading -- a new benefit for subscribers to its US$100-a-year Amazon Prime service that lets them access content for free. That content will come from more than 1,000 top Kindle books, Kindle Singles, magazines, comic books, children's books, and classic works from wr...

Symantec on Tuesday reported on a malware campaign that has targeted financial organizations worldwide for the past 10 months. Dubbed "Trojan.Odinaff," it has infiltrated the banking, securities, trading and payroll sectors, as well as organizations that provide them with support services. Odinaff i...

Nearly 25 years ago, Michael Hammer and James Champy coauthored one of the most influential business books of the period, Reengineering the Corporation: A Manifesto for Business Revolution, anticipating some of the important changes that lay ahead. The corporate world was trying to cope with the gro...

Shares of Samsung Electronics fell sharply on Tuesday after the company confirmed reports that it had halted production of its flagship Galaxy Note7 smartphone, just launched this summer. The move came after several replacement phones reportedly smoldered or caught fire. Shares fell 8 percent in the...

Longstanding concerns about hiring and diversity issues in Silicon Valley recently returned to the fore. The Labor Department recently filed suit against big data firm Palantir, alleging that it had engaged in a pattern of denying jobs to Asian applicants. Race is a greater impediment than gender wh...

Samsung has stopped production of its problematic Galaxy Note7 smartphones, according to multiple press reports Monday. The company had been offering replacements of the phone after issuing a recall due to defective batteries, but all four major carriers have stopped doing so, presumably because sev...

Backpage CEO Carl Ferrer is facing extradition to California on charges his company earned millions of dollars by promoting adult and child prostitution through escort advertisements run on the site. Ferrer's arrest took place in Houston upon his return from the Netherlands to the headquarters of hi...