The Wall Street Journal reported Wednesday that the private equity firm Centerbridge Partners has a tentative deal to buy wireless broadband provider LightSquared out of bankruptcy in a deal worth $3.3 billion.
Belgium's capital allegedly plans to file a complaint against Uber as the ride-sharing service continues to operate despite being banned in the city. Also, reports surface of a possible investment from Baidu.
As part of their deal, the China-based search engine will also integrate the car-ride service into its mapping and mobile search apps. The amount of the investment was not disclosed.
AT&T actually owns the use of the term "rollover" from its days when it rolled over minutes as Cingular Wireless.
Barnes & Noble will acquire all of Microsoft's stake in Nook Media for $62.4 million in cash and 2.7 million shares of B&N stock.
Ride-sharing startup is close to a $1 billion funding round that would give it a valuation as high as $40 billion, Bloomberg reports.
Some investors are less than pleased with the turnaround plan of Yahoo CEO Marissa Mayer and want AOL CEO Tim Armstrong to consider a merger, says Reuters.
Startup plans to use the funds to meet demand for its iPad point-of-sale platform for retailers, restaurants and grocery stores.
Speaking at her company's investor conference call this week, Marissa Mayer will discuss her strategy for overcoming Yahoo's challenges.
In true Reddit fashion, the social news site says it will share 10 percent of equity from the Series B funding round with its community members.