Last month, Yahoo purchased Tumblr for $1.1 billion. And, the purchasing spree continues for the company with two more acquisitions – Rondee and GhostBird. Yahoo announced yesterday that it acquired GhostBird, an…
Category: Business
Starbucks Implements No Smoking Ban For Inside and Outside Its U.S. Stores
Starbucks has issued a No Smoking Within 25 Feet Ban that takes effect June 1 for all stores in the United States. Any smoker who wants to smoke will need to do…
AA Looks To Boost On-Time Arrival Rates With Change To Boarding
American Airlines realizes that more suitcases coming onboard planes means more time it takes to get people boarded. Therefore, the airline is allowing folks who have small carry-on items to board before…
Internet Tax Bill Passes Senate, Uncertain Of Future In House
If shopping online is something you love doing because it can save you money, you could be in for a rude awakening. The U.S. Senate recently passed an Internet tax bill that…
Report: Blackstone Backs Out Of Bid For Dell
According to a Reuters report, Blackstone Group LP, a private equity firm out of New York, has removed its bid for Dell, which is trying to become a private company. Blackstone’s move…
LinkedIn Buys Pulse For $90M To Boost Mobile Content Exposure
Professional social networking site LinkedIn is purchasing Pulse, a mobile news reader, for $90 million in an effort to assist the website to increase its mobile standing in content distribution for users….
Rumor: Google In Talks To Purchase Cross Platform Messaging Application WhatsApp
Google is reportedly in talks with WhatsApp to acquire the popular cross-platform messaging application. That’s according to the latest Digital Trend report. According to the report, the two companies have been talking…
FDA Rejects United Therapeutics’ Oral Pulmonary Arterial Hypertension Drug For Second Time
U.S. health regulators vetoed – for a second time – an oral hypertension drug manufactured by United Therapeutic Corp., a biotechnology company. The company’s shares dropped six percent on Nasdaq’s early trading…
S&P Faces Federal Lawsuit In Regards To The Economic Crisis
The federal government has accused Standard & Poor, the debt rating agency, of fraud. It states that the agency placed high ratings on risky mortgage bonds that led to the economic crisis…
Toyota Issues Recall On 1M Corolla, Corolla Matrix and Lexus Vehicles
Although Toyota has reclaimed the top spot as the world’s largest automaker, it is, once again, announcing a major recall of one million of its Corolla, Corolla Matrix and Lexus IS vehicles…