China's largest e-commerce company Alibaba Group announced Thursday it has split its consumer online shopping platform Taobao into three firms to adapt to an increasingly competitive landscape.
Business
Jun 16, 2011
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(AP) -- Billionaire Eric Schmidt feels more comfortable taking a million dollar paycheck as Google Inc.'s former CEO than he did when he was running the Internet's most powerful company.
Business
Apr 20, 2011
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(AP) -- Broadcom Corp. said Tuesday it will pay more than $160 million in cash to settle a class action investor lawsuit related to stock option backdating, but did not admit wrongdoing.
Business
Dec 29, 2009
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Facebook is baring its business soul.The unveiling came late Wednesday when the company that depends on people to share their lives online filed its plans to raise $5 billion in an initial public offering of stock. It's a ...
Business
Feb 2, 2012
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(AP) -- European antitrust regulators have formally objected to Sun Microsystems Inc.'s planned $7.4 billion sale to Oracle Corp., escalating a battle over a deal that has already been cleared in the U.S.
Business
Nov 9, 2009
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(AP) -- Online retailer Amazon.com reached an agreement with Texas officials Friday to settle a sales tax dispute by expanding operations in the state and starting to collect sales taxes.
Business
Apr 27, 2012
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(AP) -- Alcatel-Lucent SA has agreed to pay more than $137 million to settle charges brought against it by the federal government.
Business
Dec 28, 2010
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The Dell board is standing behind a buyout offer from the company's CEO and founder, and has asked shareholders of the slumping PC maker to approve the deal in a July 18 vote.
Business
May 31, 2013
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The Nasdaq exchange agreed Wednesday to pay a $10 million penalty for trading glitches during the initial public offering for Facebook last year, officials said.
Business
May 29, 2013
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Citing "intense media attention," Goldman Sachs has decided to exclude US clients from the private offering of as much as $1.5 billion in shares of Facebook, The Wall Street Journal reported Monday.
Business
Jan 17, 2011
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