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Following Tuesday's final approval by the Federal Communications Commission and the U.S. Department of Justice, the focus now shifts to some MetroPCS shareholders who have raised last-minute objections to their proposed merger with T-Mobile. The wireless carriers announced the deal in October, claim...
It appears Yahoo may be interested in acquiring Zynga. Both companies have been through rough patches in recent times, but Zynga's stock actually spiked 10 percent following speculation in an analyst's research note. While some things have been looking up at Yahoo since Marissa Mayer took over as CE...
Lenovo's CEO told a French newspaper this week that the computer maker would be open to exploring a BlackBerry buyout. It is not the first time a Lenovo executive has publicly stated interest in the struggling smartphone company. In January, Chief Financial Officer Won Wai Ming said that his company...
Carl Icahn has been pushing back against Dell's proposal to go private in a $24.4 billion deal. Dell finally gave way -- a little -- and is allowing Icahn to examine the company's confidential information. Dell has been battling shareholders about the proposed leveraged buyout almost since it was un...
The T-Mobile-MetroPCS merger has moved one step closer to the finish line now that the Department of Justice has signaled it doesn't oppose the deal. The department allowed a required waiting period to pass without objection, Deutsche Telekom said Wednesday, bringing the deal to an "important stagin...
Dell reported another quarter with a drop in sales and profits, but its Q4 earnings Tuesday did beat analyst expectations, thereby putting a hotter spotlight on the computer maker's proposed $24.4 billion leveraged buyout deal. The company reported a net income of $530 million, or 30 cents per share...
In case investors have any doubts that Yahoo sees its future in mobile, events of the past few days should dispel them once and for all. News surfaced Tuesday that Yahoo has acquired Alike, a mobile app that guides users to find nearby venues and places to visit. The acquisition was announced on Ali...
Comcast announced Tuesday it will pay $16.7 billion to acquire General Electric's 49 percent stake in NBCUniversal. Comcast currently controls 51 percent of NBCU, which it picked up from GE in a deal that was finalized in 2011. The agreement was structured to allow Comcast to eventually acquire 100 ...
Dell's plan to go private in what would be one of the biggest leveraged buyouts in recent years appears to be in jeopardy. Some of the company's largest shareholders have come out against the move. Southeastern Asset Management filed with the Securities and Exchange Commission a letter it sent to De...
Yahoo and Google on Wednesday announced a nonexclusive agreement to display ads on various Yahoo properties and certain cobranded sites using Google's AdSense for Content and its AdMob services. Because the agreement is nonexclusive, Yahoo will continue to display ads from other providers, including...
The tweets were flying this week, and not just about Beyonce and blackouts at the Super Bowl. Twitter was itself the subject of tweets following the announcement late Monday that it had inked a deal to buy social TV analytics firm Bluefin Labs. Terms were not disclosed. Bluefin Labs, founded in 2008...
After years of diminishing returns amid a slumping PC market, Dell announced Tuesday that it would take itself private in a leveraged buyout estimated at $24.4 billion. Chairman and CEO Michael Dell will buy back the company he founded in a University of Texas dorm room in 1984. Dell, partnering wit...
Citing national security concerns, the Justice Department on Tuesday asked the FCC to put the brakes on the pending Sprint-Softbank merger. The DoJ, FBI and DHS are reviewing the buy for national security, law enforcement and public safety concerns, according to a letter Justice sent to the FCC. "We...
Microsoft reportedly is in talks to invest in Dell as the struggling PC maker explores its options outside the public market. The software giant has been meeting with representatives from Dell and Silver Lake Partners to discuss a deal that would involve an investment of up to $3 billion. That could...
AT&T has reached an agreement with Atlantic Tele-Network to buy its wireless assets for $780 million. The deal will add approximately 585,000 subscribers -- mainly in Georgia, Idaho, Illinois, North Carolina, Ohio and South Carolina -- to AT&T's user ranks. Perhaps more importantly, AT&T...
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