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.
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.
The city once known for the summer of love is now dealing with a different kind of emotion. An influx of thousands of techies is feeding an unprecedented economic boom -- and generating a whole lot of angst.
Elon Musk's tube transport concept unveiled a year ago remains just that: a concept. It also proves that even when the Internet falls in love, radical ideas rarely exit the realm of fiction.
The US wireless carrier reportedly rejects Iliad's request for financial information because its proposal for a controlling stake in the company is too low.
In a report to Congress, the Federal Reserve Board chairwoman cautions that equity valuations for companies like Facebook, Twitter, and LinkedIn are "substantially stretched."
The French telecommunications company is making a play for T-Mobile, according to The Wall Street Journal.
Despite reluctance from three major carriers, creditors have agreed to extend Pantech's deadline for debt repayment by two years, keeping the South Korean company alive for the time being.