Company News

  • Aereo CEO: Court Made Incredibly Wrong Decision, Cord-Cutting Is Inevitable

    This morning, Aereo filed for bankruptcy under Chapter 11, marking the end of the road for the cloud-based TV startup. The company launched in 2012 using micro-antennas and cloud DVR technology to provide near-live TV access to 30 channels to subscribers for as low as $8/month.But after losing a…

    TechCrunch10 mins ago
  • Yahoo Acquires Photo Startup Cooliris

    Photo app-maker Cooliris just announced that it has been acquired by Yahoo.It’s been a long road to this exit. Cooliris was founded back in 2006 and was initially known for creating a “3D wall” for navigating photos and other media content.It also created a platform for mobile ads called Adjitsu,…

    TechCrunch10 mins ago
  • Big Investors Buying Stakes for Hedge-Fund Fees

    There have been headlines almost daily about hedge funds’ poor performance and hefty fees. The funds, which typically levy a 2% management fee and take 20% of returns, have gained less than 3% in 2014, ...

    Barrons.com
  • Investors Like Safety at Qualcomm and Intel

    The world of technology is in the midst of amazing developments, but investors have little patience for what Bill Gates dubbed The Road Ahead. That was made clear last week by two presentations from the ...

    Barrons.com
  • Payout Growth Soaring

    Global dividends are set to soar this year, with more growth likely in 2015. According to Henderson Global Investors, an 80-year-old firm that manages $124.2 billion for clients in the United Kingdom, ...

    Barrons.com
  • Charting the Market

    Target Store traffic and margins edged down in the October quarter, but the retail chain’s 55-cent a share earnings beat projections, and U.S. same-store sales rose 1.2%. Gamestop The computer-game retailer ...

    Barrons.com
  • Glass-in-Big Mac case: Worker awarded $437K

    A former McDonald's worker acquitted of charges he placed shards of glass into a police officer's Big Mac nearly a decade ago has won a settlement.

    USA TODAY
  • Brookfield buys into London's CityPoint

    US investor Brookfield has bought a stake in London's CityPoint Tower, the latest in a series of recent moves into the Square Mile's high-rise office market. Brookfield has bought a £106m junior loan on ...

    Financial Times
  • IncuBus — The Tech Startup Incubator Based On A Double-Decker London Bus

    IncuBusLDN is literally an incubator and co-working space on wheels, based on a renovated, red ‘double decker’ London bus, parked close to the ‘Tech City’ tech startup cluster in East London.The bus features a ‘Confession Booth’ – a two person meeting booth, for video conferences; the top deck…

    TechCrunch
  • LinkedIn CEO Makes Planned Sale of $19M in Stock

    Some LinkedIn insiders, including top executives, weren’t on the fence about selling shares of the professional-networking site. Seven insiders sold 116,788 LinkedIn (ticker: LNKD) class A shares for $26,609,828, ...

    Barrons.com
  • House GOP sues Obama administration on health law

    WASHINGTON (AP) — House Republicans filed a federal lawsuit Friday accusing the Obama administration of exceeding its constitutional powers in carrying out President Barack Obama's prized health care law, giving legal voice to conservatives who have long protested that he has abused his office's…

    Associated Press
  • Biz Break: EU to call for Google breakup, report says

    Today: European Parliament is preparing to seek a breakup of Google, according to a report. Also: Apple rises slightly and Intel falls after Silicon Valley stalwarts hit new highs Thursday.

    San Jose Mercury News
  • Aruba Networks Conference Call Highlights

    Aruba Networks, Inc. (NASDAQ: ARUN ) reported its third quarter earnings on Friday. Shares of the company are down 13 percent. Below are some key highlights from its conference call. Financial Metrics: ...

    Benzinga
  • Marvell Jumps 6% Despite FYQ3 Miss, Lackluster Forecast; Bulls See Risks Priced In

    Shares of chip maker Marvell Technology Group (MRVL) are up 79 cents, or almost 6%, at $14.09, despite the company yesterday afternoon reporting a downcast set of results and outlook, missing fiscal Q3 ...

    Barrons.com
  • Aereo Files For Chapter 11 Bankruptcy

    Aereo, the streaming TV service that let users watch near-live TV on any internet-connected device, has today announced that the company is filing for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York. The company has appointed Lawton Bloom, from Argus, to…

    TechCrunch
  • The Gap Conference Call Highlights

    The Gap Inc. (NYSE: GPS ) reported its third quarter earnings on Friday. Shares of the company are down 4 percent. Below are some key highlights from its conference call. Financial Metrics: View more earnings ...

    Benzinga
  • Apple must face more claims over lost texts

    Already under siege over its iMessage system, Apple must now face claims that it violated users’ privacy by blocking them from receiving some text messages after they ditched their iPhones. U.S. District ...

    San Jose Mercury News
  • GameStop Conference Call Highlights

    GameStop Corp. (NYSE: GME ) reported its third quarter earnings on Friday. Shares of the company are down 13 percent. View more earnings on GME Below are some key highlights from its conference call. • ...

    Benzinga
  • Marvell Conference Call Highlights

    Marvell Technology Group Ltd. (NASDAQ: MRVL ) reported its third quarter earnings on Thursday. Shares of the company are up 5 percent. Below are some key highlights from its conference call. View more ...

    Benzinga
  • Aviva closes on deal to buy Friends Life

    Aviva has reached a preliminary deal to buy its smaller FTSE 100 rival Friends Life for £5.6bn, in a sign of how George Osborne's historic pensions reforms are reshaping the insurance industry. The deal ...

    Financial Times