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.
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.
In an open letter to Yahoo CEO Marissa Mayer, the investment management firm Starboard makes its case for the oft-rumored pair-up.
Roughly half of Phones 4U's staff are to be laid off, while EE, Vodafone and Dixons Carphone snap up other stores.
Weeby thinks the way to hire superstar engineers in hypercompetitive Silicon Valley is to pay them like superstars, to the tune of $1 million over four years, and be totally transparent about it.
With Alibaba's IPO making big winners of the Chinese e-commerce giant and Japan-based stakeholder SoftBank, what are the odds that one of them buys Yahoo?
The IPO promises to be one of the biggest events in Yahoo's recent history. But after the expected multibillion-dollar windfall, the company's going to be under intense pressure to improve performance.
CEO Tim Cook has promised for more than a year that Apple will bring out new products and step into new categories. At this week's event to talk up larger-screen iPhones, fans are hoping he'll finally deliver the next big thing -- a wearable device.
The venture-capital investment firm has made an investment of up to $20 million in the ephemeral message service, according to The Wall Street Journal.
As tech reshapes San Francisco, Salesforce CEO Marc Benioff argues for a broader civic dialogue and says philanthropy offers a way to unite a city riven by increasing social discord.