Barnes & Nobles (BKS) announced on Friday that Pearson (PSO) will invest $89.5 million in cash in its NOOK Media business, giving the company a 5% equity stake. Earlier this year, Microsoft (MS… Original post on bgr.com Comments on reddit.com
It was the year of Internet activism with a sharp political point: Protests derailed the Stop Online Piracy Act, assisted in imploding a United Nations summit, and helped to postpone a data-sharing bill. Read this article by Declan McCullagh on CNET News. Original post on cnet.com Comments on reddit.com
Facebook’s executives gained the right to sell stock this week and three are now starting to cash out. SEC docs show COO Sheryl Sandberg is selling 352,9.. Original post on techcrunch.com Comments on reddit.com
Softbank, Japan’s third-largest mobile carrier, is in talks to buy a majority stake in Sprint Nextel, the third-largest U.S. carrier. Original post on nytimes.com Comments on reddit.com
NEW YORK (Reuters) – The U.S. Treasury Department said it will sell most of its stake in insurer American International Group Inc, making the government a minority investor for the first time since it Original post on reuters.com Comments on reddit.com
BP ordered to pay to its joint venture TNK-BP after Siberian shareholder claimed link with Rosneft damaged company’s value Original post on guardian.co.uk Comments on reddit.com
Clearwire Corp., the unprofitable wireless-broadband provider, fell the most in two months after Google Inc. said it plans to sell its stake in the company. Original post on businessweek.com Comments on reddit.com
His inner circle reveals all. More
The Lehman Brothers estate is in its fourth year of administration in Federal Bankruptcy Court in Manhattan, and like other Wall Street failures, it’s not going away anytime soon. More
