Google officially completed its $12.5 billion purchase of Motorola Mobility on Tuesday. It's a watershed moment for the company, marking both its biggest acquisition ever and Google's transition from a search-and-software company to a consumer gadgets maker.
Facebook investors hoping for a tangible marker of their ownership stake are out of luck. The company won't be offering paper stock certificates, despite earlier indications that it planned to make them available.
"My dad started and ran a landscaping business. He put me to work watering plants for my grandmother and for our house. His mantra was, 'If you don't water it, it's going to die.' That was the job I hated most: pouring water on those darn flowers. But my mother and my grandmother had the most beautiful gardens in town.
JPMorgan Chase's multibillion trading loss will be forgotten before the year is through, Chief Executive Jamie Dimon predicted Monday at the Deutsche Bank Global Financial Services Investor Conference.
Traders weren't expecting Facebook to make its big stock market debut at the sound of the opening bell last Friday, but they weren't anticipating a two-hour delay either.
When Yahoo decided to sue Facebook for patent infringement a few months ago, many tech watchers felt that this was a desperate act by a company whose best days were long behind it.
In a scolding letter sent to Google on Monday, European regulators outlined their "concerns" about Google's business practices, giving the search giant "a matter of weeks" to shape up or pay up.
Yahoo and China's Alibaba Group have agreed to a $7.1 billion deal in which the Hangzhou-based internet behemoth buys back half of Yahoo's 40% stake in the company.
After four months of paperwork, hype and speculation, the last piece of the Facebook IPO is in place: Facebook said it has priced its IPO at $38 a share.
JPMorgan head Jamie Dimon will appear before a Senate committee to testify about the bank's recent $2 billion trading loss, which has spurred renewed debate about financial reform since being revealed last week.
Comcast on Thursday decided to get rid of its controversial 250 gigabyte-per-month cap for its broadband customers, replacing it with a usage-based billing system.
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