Charles Sipkins News
-
OneWest Bank FSB, the lender once known as IndyMac Bancorp Inc., failed to find a buyer after holding informal talks with at least three suitors, according to people familiar with the matter.
-
Peter Chernin, the former News Corp. chief operating officer, offered at least $500 million for Hulu, the online television service he helped found, two people with knowledge of the situation said.
-
Pandora Media Inc., the Internet radio service, rose to a one-year high as investors focused on better-than-expected fourth-quarter results over the surprise resignation of Chairman and Chief Executive Officer Joe Kennedy.
-
Groupon Inc. paid $4.21 million for services from companies partly owned by Eric Lefkofsky, the executive chairman and one of two board members appointed to run the daily deals site following the ouster of Andrew Mason as chief executive officer.
-
Adobe Systems Inc. shares gave up part of yesterday’s surge as speculation diminished that the company may be bought by Microsoft Corp.
-
Yahoo! Inc. investor Third Point LLC ramped up pressure on the company’s board, saying it may add to its 5.2 percent stake and reiterating a demand that Chairman Roy Bostock step down.
-
Adobe Systems Inc. shares surged as much as 17 percent after the New York Times reported that Microsoft Corp. Chief Executive Officer Steve Ballmer recently met with Adobe CEO Shantanu Narayen .
-
Yahoo! Inc.’s former Chief Executive Officer Carol Bartz has resigned from the board, severing the last ties with the Internet company after a tumultuous ouster.
-
Yahoo! Inc., the largest U.S. Web portal, said a report that it will cut 20 percent of its staff is “misleading and inaccurate.”
-
Groupon Inc. Chairman Eric Lefkofsky transfered 18.7 million of the company’s shares to early investors, consultants and advisers, according to regulatory filings and a spokesman for the executive.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page