John Lister's picture

Microsoft Pays a Whopping $26B for LinkedIn Buyout

Microsoft has agreed to buy business networking site LinkedIn for $26 billion. Analysts are less than certain about what it plans to do with the site. For those not familiar, LinkedIn works a little like Facebook but is designed primarily for ... business rather than personal contacts. It has a reported 100 million active users that access the site at least once a month. That compares to reports of 1.65 billion active users for Facebook. One of the most popular uses is to find potential clients or employers through mutual contacts. It's also possible to "endorse" a contact for ... (view more)

Dennis Faas's picture

AT&T Merger With T-Mobile Under Serious Threat

The Department of Justice (DoJ) has launched a legal bid to block a planned merger of cellphone giants AT&T and T-Mobile. Meanwhile, the Federal Communications Commission (FCC) has hinted it may also raise objections. The proposed merger between ... the second- and fourth-largest cellphone networks respectively would create a new market leader, with a combined subscriber base of 130 million overtaking the current number one, Verizon. From the moment the deal was announced, speculation began that regulators would be wary of the "big four" becoming the "big three". Concerns Result in ... (view more)

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