Tesla Motors to raise up to $214.3M (Update)

(AP) -- Electric car upstart Tesla Motors Inc. will sell common stock again, this time with hopes of raising $214 million to expand its limited model lineup.

Churchill Downs buying YouBet.com

Churchill Downs Inc., owner of the horse racing track which hosts the famed Kentucky Derby, announced it has agreed to acquire online betting website YouBet.com.

EA to pay $750M for PopCap Games

Electronic Arts Inc. said Tuesday that it will buy PopCap Games for at least $750 million in a bid to snag a larger piece of the rapidly growing market for games on cell phones and social networks.

Apple profit jumps to $8.8 bn, but below forecasts

Apple on Tuesday reported a rise in its quarterly profit to $8.8 billion on hot iPad sales but missed lofty Wall Street expectations due, in part, to iPhone lovers waiting for a rumored new model.

LinkedIn posts solid 4Q, but outlook disappoints

LinkedIn finished last year with a solid financial performance, but the online professional networking service spooked investors with a forecast indicating that its growth is starting to slow down.

Michael Dell's days as CEO may be numbered

Could Michael Dell lose it all? With a bidding war now underway for Dell, efforts by its founder to regain control of the once-mighty computer maker could be backfiring.

Verizon gets OK for $130 billion Vodafone deal

Verizon says its shareholders have approved its $130 billion deal to buy the 45 percent stake in its wireless division owned by British cellphone carrier Vodafone.

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