• Technicians hang artist Ana Tzarev's painting "Love (Hibiscus)(Garden La Fleur du Cap)" at the Saatchi Gallery in London May 17, 2012. Thione hopes his Artify It service will mark a major departure from the traditional gallery setting
    The Fine Art Of Disruption: How Lorenzo Thione Evolved From 'Bing' To 'Artify It'

    May 26 2012 12:02 PM EDT

    Lorenzo Thione believes in fate and approaches the world with a somewhat self-confident naivete. This outward optimism comes across most clearly when he talks about his new business: He wants to be an artist among the artists, unchaining fine art from wealthy collectors and setting it free among the hoi polloi.

  • Limbaugh
    Limbaugh Boycott Gets Mixed Results; Sponsors Still Out On Ratings Decline

    May 25 2012 1:07 PM EDT

    Three months after Rush Limbaugh characterized a Georgetown Law School student Sandra Fluke as a ?slut? and a ?prostitute,? a liberal-backed boycott of the right-winger?s radio show has been effective.

  • Apple CEO Cook visits the iPhone production line at the newly built Foxconn Zhengzhou Technology Park
    ?Ethical iPhone?? SumofUs Says No

    May 24 2012 2:21 PM EDT

    SumOfUs, the Washington, D.C.-based liberal group that pressured Apple (Nasdaq: AAPL), the world's most valuable technology company, about its Chinese contractors, is keeping the pressure on.

  • HP?s CEO Chops 27,000 Jobs, Investors Cheer

    May 24 2012 9:42 AM EDT

    Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, leaped as much as 7.4 percent Thursday after the company said Wednesday it would fire 27,000 people.

  • How Much Value Has Facebook Lost In A Week?

    May 24 2012 8:54 AM EDT

    Shareholders of Facebook (Nasdaq: FB), the No. 1 social network, already know: priced a week ago at $38, shares once hit $45 but closed Wednesday at $32.

  • Apple Chief Executive Officer Tim Cook (2nd L) talks to employees as he visits the iPhone production line at the newly built Foxconn Zhengzhou Technology Park, Henan province in this March 28, 2012 handout photo.
    Cisco, Dell, HP: Is A Tech Recession Coming?

    May 23 2012 1:37 PM EDT

    Because they report quarterly results generally out of the regula,r pattern technology giants Cisco Systems (Nasdaq: CSC), Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL) are technology bellwethers. Do their dismal dismal forecast presage downturn?

  • BlackRock Buys Stake in Formula 1 Ahead of Singapore IPO

    May 22 2012 11:25 AM EDT

    Formula 1, the popular global auto racing sport, is on its way to a possible IPO as financial investors such as Waddell & Reed Financial Inc. (NYSE: WDR), Norges Bank Investment Management and BlackRock, Inc. (NYSE: BLK) bought 21 percent of the company, CVC Capital Partners, owner of Formula 1, confirmed Tuesday.

  • Accor
    Accor Sells Motel 6 To Blackstone For $1.9 Billion

    May 22 2012 9:56 AM EDT

    French hotel giant Accor SA (Paris: AC) said Tuesday it will sell the underperforming Motel 6 U.S. budget hotel chain to asset manager Blackstone Group LP for $1.9 billion, as part of an effort to cut debt and shift focus from the U.S. to fast-growing emerging markets.

  • Commuters pass by Nasdaq headquarters in New York.
    Nasdaq To Change IPO Procedures Following Facebook Glitches

    May 21 2012 3:25 PM EDT

    Nasdaq OMX Group Inc. (Nasdaq: NDAQ) will change its initial public offering trading procedures as a result of glitches and delays which occurred during Friday's Facebook (Nasdaq: FB) IPO, mistakes for which the exchange operator hopes to pay $13 million to burned investors, sources reported Monday.

  • Dalian Wanda Buys AMC Entertainment Cinema Company For $2.6B

    May 21 2012 10:30 AM EDT

    A Chinese conglomerate will buy a major U.S. cinema chain, AMC, for $2.6 billion, in China's biggest takeover of an American company to date.

  • Facebook
    Facebook Shares Plunge As Much As 13% In Monday Trades

    May 21 2012 9:46 AM EDT

    Shares of Facebook (Nasdaq: FB), the No. 1 social network, plunged more than 13 percent when markets opened Monday, lowering the company?s value by about $8 billion.

  • Bono
    Facebook?s Beneficiaries: Bono, Li, Zynga And LinkedIn CEOs

    May 18 2012 12:23 PM EDT

    It?s not just Mark Zuckerberg whose shares of Facebook (Nasdaq: FB), the No. 1 social network, became more valuable on Friday. U2's Bono is also smiling.

  • Founder and CEO of Facebook Mark Zuckerberg
    Facebook Prices IPO Shares At $38; Values Company At Record $104 Billion

    May 17 2012 4:20 PM EDT

    Facebook (Nasdaq: FB), the No. 1 social network, raised $16 billion in its initial public offering, the biggest in Internet history, valuing its shares at $38.

  • A logo of HP is seen outside Hewlett-Packard Belgian headquarters in Diegem, near Brussels, January 12, 2010
    HP Could Fire 25,000 In Cost-Cutting Move

    May 17 2012 2:13 PM EDT

    Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, were largely unaffected by a report it would fire as many as 25,000 employees as part of cost-cutting measures.

  • Agilent Shares Gain After Dako Acquisition

    May 17 2012 10:00 AM EDT

    Shares of Agilent Technologies (NYSE: A), the No. 1 U.S. instrument maker, surged on Thursday after the company announced it?s biggest acquisition, the $2.2 billion takeover of Denmark?s Dako.

  • It’s Facebook’s Turn to Take Legal Actions against Yahoo
    Facebook IPO: Why Did Underwriters Boost Its Value?

    May 16 2012 3:24 PM EDT

    A day before Facebook (Nasdaq: FB), the No. 1 social network holds its initial public offering, its 33 underwriters boosted the number of shares for sale by 25 percent, potentially valuing the deal as high as $19 billion.

  • Micron Shares Surge On Apple Japan Orders

    May 16 2012 2:19 PM EDT

    Shares of Micron Technology (Nasdaq: MU), the only U.S. maker of memory chips, jumped as much as 9 percent Thursday on a report that Apple (Nasdaq: AAPL), the world's most valuable technology company, had placed a huge order in Japan.

  • Scenes in Japan after one month of earthquake
    Tech Risks? Disasters, Failure To Innovate Rank High: BDO Survey

    May 15 2012 2:07 PM EDT

    In 1999, Andrew Grove, then Chairman of Intel (Nasdaq: INTC), the No. 1 chipmaker, published a bestseller, ?Only the Paranoid Survive.?

  • Facebook
    Facebook?s IPO: Shares Upped, Value Could Be $104 Billion

    May 15 2012 9:08 AM EDT

    Facebook (Nasdaq: FB), the No. 1 social network, announced that it would increase the number of shares in its initial public offering, price them higher and value the company at as much as $104 billion.

  • Ex-Yahoo CEO?s Cancer Diagnosis Led To Quit Decision

    May 14 2012 12:33 PM EDT

    Former Yahoo (Nasdaq: YHOO) CEO Scott Thompson quit in part because of a recent diagnosis of thyroid cancer, the Wall Street Journal reported.