Deals

Push Pop Press, a start-up digital publisher, announced recently it's been acquired by Facebook. Push Pop, founded by former Apple engineers Mike Matas and Kimon Tsinteris, originally aimed to approach e-books by incorporating new designs, better imaging technology and interactive elements. It's fir...

Sprint Nextel stock tumbled as the company came out with its quarterly earnings report Thursday, in which it highlighted improved customer service but also announced a higher-than-expected net loss of $847 million as well as a loss of 101,000 postpaid subscribers. Wall Street analysts weren't surpri...

Sprint and LightSquared have entered a 15-year agreement to collaborate on spectrum hosting, network services, 4G wholesale and 3G roaming. LightSquared will pay Sprint to implement a nationwide LTE network that hosts L-Band spectrum licensed to or available to LightSquared. LightSquared will be abl...

Opponents of the pending $39 billion merger between wireless carriers AT&T and T-Mobile are taking legal action with New York-based law firm Bursor & Fisher in a bid to block the deal. Eleven arbitration cases have been filed on behalf of AT&T customers, and the law firm hopes more angry...

Opponents of the pending $39 billion merger between wireless carriers AT&T and T-Mobile are taking legal action with New York-based law firm Bursor & Fisher in a bid to block the deal. Eleven arbitration cases have been filed on behalf of AT&T customers, and the law firm hopes more angry...

Video game analyst Scott Steinberg answers the question, "Why did EA buy PopCap Games, and is it a marriage made in heaven?" In a nutshell, Steinberg does see bliss ahead for companies, if EA can successfully integrate the PopCap "scamps," as he calls them, into its corporate culture. EA badly wants...

Online financial services provider E-Trade responded to pressure from stake holder Citadel Friday, days after the hedge fund sent a letter to the brokerage service demanding a review of strategies, including discussing a sale of the company. Citadel requested a vote on a number of its proposals, suc...

Isis, a mobile commerce venture that includes the U.S.' largest wireless providers, announced Tuesday that Visa, MasterCard and American Express will be partnering with the organization. The agreement makes Isis, a joint venture between AT&T, Verizon and T-Mobile and supported by Discover at its...

Facebook users may soon be able to stream, download and share music via the social networking site with a partnership with Spotify, a Swedish music service, according to codes found by software blogger Jeff Rose. The software engineer examined a code possibly in development that users could use to d...

A major round of funding from private investors for social networking site Twitter has raised the valuation of the company to more than $7 billion, according to a report in The Wall Street Journal. That's almost double from December, when it raised $200 million in a round of funding led by Kleiner P...

Microsoft has forged a deal with Baidu, China's largest search engine, to provide search functionality in English. The deal comes a year and a half after Google exited China's search market with much fanfare, announcing it could no longer stomach the censorship the government applied. By the end of ...

Nortel awarded its 6,000 patents to the winning bidder, and it wasn't Google -- it was a consortium of six mobile technology leaders: Apple, EMC, Ericsson, Microsoft, Research In Motion and Sony. The group paid $4.5 billion in auction that took place over several days. Google set the starting figure...

Specific Media announced Wednesday that the company, in partnership with recording artist Justin Timberlake, will buy MySpace from News Corp. in hopes of revitalizing the ailing social networking site. The rumored price is around $35 million to $40 million, less than a tenth of the $580 million News...

Zynga Game Network will likely file for an IPO on Thursday, based on a flurry of media reports that came out Tuesday evening and Wednesday morning. Though an impending Zynga IPO has been rumored for weeks, details are now leaking out. Zynga is a leading developer of social games such as "FarmVille" ...

Electronic Arts could be on the verge of closing a deal to acquire casual game creator PopCap for a sum exceeding $1 billion. The high price tag on the deal represents a big wager for EA -- the cost is 13 percent of the company's market cap. The move is viewed by some as a "hail mary" attempt by E...