Facebook closes WhatsApp purchase now worth $21.8B

Facebook has completed its acquisition of the mobile messaging service WhatsApp for almost $22 billion, up from the original $19 billion when the cash-and-stock deal was struck early this year thanks in part to the rising ...

21st Century Fox abandons pursuit of Time Warner

Rupert Murdoch's 21st Century Fox is abandoning its attempt to take over Time Warner in a proposed deal that would have combined two of the world's biggest media companies.

Performance measures for CEOs vary greatly, study finds

As companies file their annual proxy statements with the U.S. Securities and Exchange Commission (SEC) this spring, a new study by Rice University and Cornell University shows just how S&P 500 companies have tied CEO compensation ...

Once-soaring tech stocks sink in sobering comedown

The stock market's laws of gravity are ravaging its highest fliers. Just look at the list of technology trailblazers whose values have plummeted from record highs during the past few weeks. Investors have re-focused on safer ...

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