Latest Business News

Facebook Acquisition of WhatsApp Plans Halted Due To European Commission, Service Ends In A Year

Facebook Acquisition of WhatsApp Delayed Due To European Commission, Service Ends In A Year

Facebook is extending the deadline of WhatsApp’s closure to August 19, 2015 according to its Form 10-Q filed with the Securities and Exchange Commission (SEC) last week.  RELATED: ...
CEO Nadella Could Streamline Microsoft With A Number of Job Cuts

CEO Nadella Could Streamline Microsoft As Early As This Week

Microsoft‘s new focus will see the company aggressively diving deeper into mobile and cloud—at the cost of close to some 5,800 in jobs. RELATED: Microsoft Offers More Free ...
Secret Picks up $31 Million, Looks To Expand As A Social Network

Secret Reels In $25M In Round 2 Funding, Looks To Expand As A Social Network

Anonymous social posting app startup Secret managed to secure $36.3 million total from multiple interested parties. Patrons involved in Secret’s “Series-B” funding include Index ...
Yahoo Picks Up Israel Startup RayV

Yahoo Picks Up Israel-based Startup RayV, Kicks Off Yahoo Live July 15th

The summer is startup purchase season and last week Yahoo scooped up the Israel-based HD video streaming service RayV. RELATED: Yahoo’s Arsenal Grows With The Addition of Concert ...
Samsung's Human Rights Issues Rear Its Head Again

Samsung’s Human Rights Issue Rears Its Head Again

Samsung’s issues with working conditions and human rights at its factories have popped up once again. This time those problems take form in the shape of underage workers. RELATED: ...
The FTC Pushes Ahead Legal Action Against Amazon For Unauthorized In-App Purchases

The FTC Pushes Ahead Legal Action Against Amazon For Unauthorized In-App Purchases

The Federal Trade Commission feels as though it played nice enough by offering Amazon the chance to change their in-app purchases policy on its own. The popular retailer decided to ...
Dish Network Wants FCC To Block Comcast Acquisition Of Time Warner

Dish Network Wants FCC To Block Comcast Acquisition Of Time Warner

Major satellite company Dish Network is pushing for the Federal Communications Commission to prevent Comcast’s potential purchase of Time Warner Cable.  Dish Network stated that ...
Amazon Offers 100% Revenue Deal To Authors During Stalemate

Amazon Offers 100% Revenue To Hachette Authors During Stalemate

In an ongoing dispute with Hachette, Amazon looked to have authors under the publishing group keep 100 percent of whatever revenue is gained from e-book sales. Hachette allowed the ...
Hacker Group Rex Mundi Holding Dominos Customer Data Hostage

Hacker Group Rex Mundi Holding Dominos Customer Data Hostage

A hacker group known as Rex Mundi managed to hit the database of international pizza chain Domino’s Pizza. The attack targeted Belgian and French accounts and resulted in a haul ...
Sprint and T-Mobile Close To Multi-Billion Dollar Deal

Update: Sprint and T-Mobile Come To An Agreement On Multi-Billion Dollar Deal

It has been reported that the third and fourth largest mobile carriers in the U.S–Sprint and T-Mobile–have come to an agreement on the widely reported merger. While details ...