Business

Microsoft last week closed its $26 billion acquisition of LinkedIn. LinkedIn will remain a separate company and Jeff Weiner will continue as its CEO, but he now reports to Microsoft CEO Satya Nadella. Integration of the companies' products is under way. Among many other things, a user's LinkedIn ide...

AT&T and Time Warner executives this week appeared before a subcommittee of the Senate Judiciary Committee to respond to lawmakers' concerns about their $84 billion merger. Their testimony came at a time of high public skepticism of institutional power. Rival content and mobile providers applied...

AT&T and Time Warner executives this week appeared before a subcommittee of the Senate Judiciary Committee to respond to lawmakers' concerns about their $84 billion merger. Their testimony came at a time of high public skepticism of institutional power. Rival content and mobile providers applied...

AT&T and Time Warner executives this week appeared before a subcommittee of the Senate Judiciary Committee to respond to lawmakers' concerns about their $84 billion merger. Their testimony came at a time of high public skepticism of institutional power. Rival content and mobile providers applied...

Fitbit on Wednesday announced an acquisition deal with smartwatch maker Pebble. The company clearly has been struggling, having laid off 25 percent of its staff earlier this year, when CEO Eric Migicovsky acknowledged that money was tight. "Fitbit is acquiring certain assets of Pebble, including key...

The U.S. Supreme Court on Tuesday spoiled Apple's hopes for a big payday, scotching the $399 million award in its successful patent infringement suit against Samsung. Justice Sonia Sotomayor delivered the Court's decision, which turned on what lawmakers meant by the term "article of manufacture." Ac...

Uber has announced the acquisition of startup Geometric Intelligence, a move designed to increase its presence in the autonomous vehicle technology field. Geometric CEO Gary Marcus will become the chief of Uber's new artificial intelligence business. He will lead the newly formed Uber AI Labs, which...

Twitter last week purchased Yes and named the mobile app startup's CEO, Keith Coleman, as its new VP of product -- a challenging post. Coleman will be Twitter's third VP of product this year and the fifth since 2014. Twitter's main problems are monetization, which has plagued it since its founding; ...

Fitbit, the leader in the wearables category, is close to an agreement to buy struggling smartwatch maker Pebble for up to $40 million, in a move to gain the firm's intellectual property and software. The negotiations follow several months of financial turmoil at Pebble, which reportedly slashed its...

The California Department of Insurance this week announced fines totaling $7 million against startup Zenefits, a provider of cloud-based human resources services. The company's former leadership "created an anything goes culture at the Internet startup, resulting in numerous violations of licensing ...

Samsung has announced road map for a corporate restructuring that might include splitting itself into two. The company has retained external advisors to review the optimal corporate structure for its activities. The review is expected to take six months. Depending on the findings, Samsung may create...

China's parliament earlier this month passed a law aimed at addressing the country's concerns about hacking and terrorism, which has spiked concerns among foreign businesses and human rights advocates. One interpretation of the new law is that it only codifies China's existing cybersecurity practice...

CNN has acquired Beme, the startup cofounded by YouTube sensation Casey Neistat, the companies announced Monday. CNN plans to launch a new branded subsidiary featuring timely and topical video content by the summer of 2017. It will be led by a team including the Beme cofounders, under a name as yet ...