LinkedIn Shares Rise Despite Security Breach
June 07 2012 9:14 AM EDT
Shares of LinkedIn Corp. (Nasdaq: LNKD), one of the top professional social network sites, rose as much as 1 percent in early trading despite reports of security breaches of member passwords.
Facebook Shares Gain From Record Lows
June 06 2012 9:07 AM EDT
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, rose about 1.3 from their record low Tuesday close on indications Nasdaq may detail a deal to compensate small investors.
The Business Of Bonnaroo 2012: Why Big Firms Are Flocking To Music Festivals
June 06 2012 6:47 AM EDT
Some of the world's most popular brands are partnering with music festivals to tap into a much-coveted demographic.
Buying Spree: 3 Reasons Why Oracle, Google, IBM Buying Now After Facebook Disaster
June 06 2012 6:43 AM EDT
Now that the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, has lost 32 percent of its value, technology giants including International Business Machines Corp. (NYSE: IBM), Oracle (Nasdaq: ORCL) and Google (Nasdaq: GOOG) are on a shopping spree. That may chill the IPO pipeline.
AOL Activist Shareholders Get Second Boost In Takeover Battle
June 05 2012 11:34 AM EDT
Shares of AOL Inc. (NYSE: AOL), the No. 7 website, traded near their 52-week high again Tuesday after activist investors Starboard Value won more crucial backing to win seats on the board of directors.
Facebook Shares Rise 2% But Surrender Gains To Set New Lows
June 05 2012 9:36 AM EDT
Shares of Facebook (Nasdaq: FB), the No. 1 social network, kept setting new lows after their May 17 IPO. By Tuesday, they'd shed 32 percent of their value.
Oracle Buys Collective Intellect For More Cloud Services
June 05 2012 9:16 AM EDT
Oracle (Nasdaq: ORCL), the No. 1 database developer, said it had agreed to acquire private Collective Intellect to bolster its Cloud capabilities for software-as-a-service functions.
Big Data? Vast Majority Isn?t Prepared, New Survey Shows
June 05 2012 6:30 AM EDT
Global enterprises are aware of the coming of so-called ?Big Data,? or the trillions of bytes of electronic data flowing through the Cloud and Internet.
AOL Dissidents Get Big Boost; Shares Near High
June 04 2012 3:18 PM EDT
Shares of AOL Inc. (NYSE: AOL), the No. 7 website, traded near their 52-week high Monday after activist investors Starboard Value Management won crucial backing to win seats on the board of directors.
Hawaiian Airlines Moves East With Nonstop NYC-Honolulu Flights
June 04 2012 12:56 PM EDT
On Monday, Hawaiian Airlines will fly into its first major market on the East Coast, New York City, expanding its reach across the United States.
Apple In China: iPad OK?d, China Mobile Takes iPhone
June 04 2012 12:37 PM EDT
Could Apple (Nasdaq: AAPL), the world's most valuable technology company, be getting a new jolt from the burgeoning China market, its second largest?
Verizon?s Hughes Telematics Buy Gives It Mercedes-Benz Audience
June 01 2012 1:07 PM EDT
Verizon Communications (NYSE: VZ)?s plans to acquire Hughes Telematics (OTC: HUTC) for $612 million indicates the biggest U.S. phone company is seeking a new market: Mercedes-Benz drivers.
Facebook Shares Dip 4% Despite New ?Buy? Recommendations
June 01 2012 9:17 AM EDT
Shares of Facebook (Nasdaq: FB), the No. 1 social network, plunged as much as 4 percent in early Friday trading, reversing Thursday?s 5 percent gains.
Wal-Mart Leaves ALEC, 22nd Company To Exit Conservative Lobbying Group
May 31 2012 4:11 PM EDT
Wal-Mart Stores Inc., the No. 1 U.S. retailer, said it had quit the American Legislative Exchange Council (ALEC), a Washington, D.C.-based group that lobbies for conservative laws in state legislatures.
Disney Appoints Alan Horn Chairman Of Disney Studios
May 31 2012 4:10 PM EDT
The Walt Disney Co. (NYSE: DIS) appointed Alan Horn as chairman of Disney Studios, replacing former chairman Rich Ross, who was forced out of the role in April, the company announced Thursday.
Facebook Shares Recover From Record Lows
May 31 2012 3:17 PM EDT
Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose in late-Thursday trading after they set a new low of $26.83.
Paradigm Shift: As RIM, Nokia Plunge Could Windows 8 Be Too Late To Save Them?
May 31 2012 5:57 AM EDT
Shares of smartphone manufacturers Research in Motion (Nasdaq: RIMM) and Nokia (NYS: NOK) swooned this week on fears of mounting losses and dwindling share.
Why Spirit Is The Worst Airline In America, Or My Terrible, Horrible, No Good, Very Bad Flight
May 30 2012 2:17 PM EDT
I will never, ever, ever fly on Spirit Airlines (Nasdaq: SAVE) again. In the past 24 hours, I have experienced the worst flying experience of my life. Over the course of almost seven hours of absolutely unacceptable delays, I was lied to, witnessed mothers struggling to care for their children, saw elderly people lose access to their medication.
Facebook Shares Hit New Low; Class Action Lawyer Sees Suits Merging
May 30 2012 12:58 PM EDT
Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell again Wednesday, giving back their early gains from Tuesday?s record-low close of $28.84.
RIM Activist Investor: Split Company In Half For Sale
May 30 2012 9:09 AM EDT
Two months ago, Toronto activist investor Victor Alboini, whose Jaguar Financial had acquired a stake just below 5 percent in Research in Motion (Nasdaq: RIMM), said the company won?t be around in its current shape in two years. Now it's for sale.