Business

Microsoft has announced one of its most sweeping executive reorganizations in years, promoting 14 and announcing the departure of three. Many of the changes are aimed at the online and mobile units, where the overlap with potential acquisition target Yahoo is the greatest. Some of the changes had be...

OPINION

The New IPO Market: Reverse Shell Mergers

The average size raised for an IPO in 2007 was $229 million, according to IPO Home. That translates into a market cap valuation averaging over $1 billion for companies that are going public. The marketplace for IPOs has changed dramatically since 2000, when the Internet IPO frenzy imploded. Since t...

Just days after announcing a major mobile acquisition, Microsoft reportedly is poised to shake up the upper management of its mobile division after the group's former director departed to take a position with Vodafone. Microsoft's mobile business -- which could get a significant boost if the softwar...

HP on Wednesday reached a financial settlement with the New York Times and four reporters who were spied upon as part of a scandal dating back to 2006 that brought about the downfall of the company's chairwoman, Patricia C. Dunn, along with several high-ranking executives. The reporters were Busines...

Yahoo has held talks with Rupert Murdoch's News Corp. about a partnership, merger or similar arrangement, according to reports. Such a deal would help fend off Microsoft's unsolicited $44.6 billion bid to take over the portal and create an Internet force capable of rivaling Google. News Corp. would ...

A measure to extend amendments to the Foreign Intelligence Surveillance Act for three weeks failed to pass in the U.S. House of Representatives on Wednesday. The failure is a setback for Democrats who had been hoping for the extra time to hammer out a solution to a politically explosive issue: tha...

Microsoft needs to come up with a better offer if it hopes to win Yahoo's acceptance of its unsolicited takeover bid, Yahoo's second-largest shareholder said on Sunday. "It has been reported that Microsoft has been discussing a combination with Yahoo for well over a year, and that it had been prepar...

In an 80-page document filed with the Federal Communications Commission on Wednesday, cable carrier Comcast defended its practice of managing Web-based traffic over its network as legal and necessary. The Comcast document was filed a day after Massachusetts Congressman Edward Markey, a Democrat who ...

Sprint Nextel said Tuesday it would add an investor who has been agitating for changes at the struggling company to its board of directors. Sprint appointed Ralph V. Whitworth, founder and principal of Relational Investors, to its board. Whitworth will take the seat immediately but will have to stan...

Dell has added another member to its growing family of acquisitions, although this latest addition already had the Dell pedigree, in a sense. The computer maker agreed to buy e-mail services provider MessageOne for about $155 million in cash. The addition of MessageOne is largely an all-in-the-famil...

The latest rumors buzzing around beleaguered Yahoo is that it is looking to restart merger talks with AOL, and might look at Google or Disney -- anyone but Microsoft. According to the Times of London, Yahoo and its team of advisers from investment banks Goldman Sachs and Lehman Bros. have been evalu...

AT&T will deliver WiFi access in thousands of Starbucks locations across the country as the coffee chain parts ways with former access partner T-Mobile. AT&T will offer both free and paid WiFi connectivity at more than 7,000 company-run Starbucks locations, the companies said Monday. The new...

AT&T will deliver WiFi access in thousands of Starbucks locations across the country as the coffee chain parts ways with former access partner T-Mobile. AT&T will offer both free and paid WiFi connectivity at more than 7,000 company-run Starbucks locations, the companies said Monday. The new...

AT&T will deliver WiFi access in thousands of Starbucks locations across the country as the coffee chain parts ways with former access partner T-Mobile. AT&T will offer both free and paid WiFi connectivity at more than 7,000 company-run Starbucks locations, the companies said Monday. The new...

Microsoft has made a bid for Danger, the mobile software and services provider that designed one of the slickest devices on the market: the T-Mobile Sidekick. Applications on Danger-powered handsets include HTML Web-browsing, instant messaging, games, multimedia, social networking, Web e-mail and pe...

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