SAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand.
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Chesapeake Energy Corporation Makes $1 Million Cash Donation to Aid Tornado Relief Efforts in Moore, Oklahoma Also Organizing Hundreds of Employee Volunteers and Company Equipment To Help Victims OKLAHOMA CITY--(BUSINESS WIRE)-- Chesapeake...Show More Summary
Two guns and $2,000 were stolen from the home of Ravens running back Ray Rice over the weekend, the AP reported.
Jessica Alba and Cash Warren celebrated five years of marriage on Sunday -- congratulations to the happy couple! Alba and Warren both took to Twitter...
The real story: When General John Thompson completed his iconic submachine gun design in 1919, the world’s governments were weary of war and strapped for cash. With millions of rifles and pistols in their inventories and surplus, there was little room for an unproven, expensive, and distinctly short-range weapon like the ‘Tommy’. Show More Summary
Dota 2 celebrated the incredible sales of its world championship interactive compendium with free gifts for all players; the compendium has now sold over 266,000 units, raising the prize fund in The International to over $2,000,000 US. Show More Summary
Square has launched an under-the-radar payments service that lets customers transfer cash through email. It's certainly not a new concept, but it's another tool in Square's arsenal as it delves deeper into the consumer market.
Last September, when we exposed the heretofore unknown entity actively managing Apple's $100 billion+ in offshore held cash (and thus untaxed in the US), we made the following "bold" prediction: "with the topic of finding effective tax...Show More Summary
A few days after Google announced the ability to send money via email, mobile payments purveyor Square has done the same. Square Cash, which the company introduced in invite-only mode on Monday, lets consumers send money to friends by cc-ing "firstname.lastname@example.org" and including the dollar amount in the email's subject line. Show More Summary
If you're considering an exit from the insurer, take a minute to consider the upsides of sticking with it.
One of the big stories last week was the group of hedge funds dropping or reducing their holdings in American International Group. And though there are some analysts who say the insurer is past its recovery point, and that shares accurately reflect the current operations' value, there are some who believe there's more to gain by sticking with AIG. Show More Summary
Which may or may not have something to do with someone hitting the jackpot this weekend/having big money riding on June’s Belmont Stakes. Come on Itsmyluckyday, daddy needs a new source of income/money to cover up to $250,000 in fines!...Show More Summary
That old and dusty cash register is going to become a thing of the past if eBay's PayPal has any say in the matter. The company recently announced a PayPal Here solution for offline businesses to make use of the Apple iPad as a cash register. Show More Summary
And it could take the offline world by storm.
Websense has been the subject of acquisition rumors for years and it's finally found a way to cash out: a private equity deal lead by Vista Equity Partners. The company said Monday Vista Equity Partners was acquiring the company for $24.75 per share in cash, a 29% premium over Websense's May 17 closing price of $19.23. Show More Summary
Despite its dismal reviews, the new adaptation of F. Scott Fitzgerald's classic novel The Great Gatsby has already raked in more than $130M in box office sales worldwide. Now some enterprising brokers...
After waiting around patiently while the Miami Dolphins freely spent gobs of cash this spring, safety Reshad Jones is now justified in accelerating his own payday by skipping the start of organized team activities ( OTAs ). According...Show More Summary
ByMoney Investor: It is one of the most widely covered stories in the market today, that of Apple (AAPL) and its massive cash hoard that is trapped outside of the United States. The debate over the strategy Apple should employ with regard...Show More Summary
Flush With Cash, Elan Goes on a Buying Spree