Cephalon biotech rejects $5.7 billion Valeant bid

US biotech group Cephalon has rejected a hostile, $5.7 billion acquisition bid from its Canadian rival Valeant, which counter-attacked by seeking to replace the firm's board of directors.

Satyam to pay $10 million to settle SEC charges

Satyam Computer Services has agreed to pay $10 million to settle US charges that former top managers inflated the Indian company's revenue, the US Securities and Exchange Commission said Tuesday.

Intel CEO 2010 pay package valued at $15.5M

(AP) -- Intel Corp. CEO Paul Otellini received a 2010 pay package worth $15.5 million, up 8 percent from 2009 as the chipmaker grew its profit and revenue thanks largely to a rebound in corporate demand.

Pandora subpoenaed in information-sharing inquiry

Online radio service Pandora has received a subpoena from a federal grand jury investigating whether popular smartphone applications share information about their users with advertisers and other third parties.

Comcast CEO's 2010 pay package valued at $31.1M

(AP) -- Brian Roberts, the CEO of cable company Comcast Corp., received a compensation package valued at $31.1 million in 2010, up 14 percent from a year earlier as the company worked to complete a deal to become the majority ...

LinkedIn hits 100 million members

LinkedIn, the career-oriented social network, said Tuesday that it has hit 100 million members, more than half of whom live outside the United States.

EMC's anti-hacking division hacked

The world's biggest maker of data storage computers on Thursday said that its security division has been hacked, and that the intruders compromised a widely used technology for preventing computer break-ins.

US regulator warns of Facebook pre-IPO scams

A US financial regulator warned investors on Tuesday to be wary of con artists peddling non-existent shares in social media companies such as Facebook ahead of their going public.

Google rewards top executives

Google has awarded nearly $9 million in bonuses and another $50 million in equity to four top executives of the Internet giant, according to a filing with the US Securities and Exchange Commission.

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