Lawyers asked T-Mobile to remove its television commercial which was a parody about smartphone theft, saying it belittled the issue.
Investors
TPG Capital, Ivanhoe acquires P3 from Arcapita Bank
TPG Capital together with Ivanhoe Cambridge bought Europe-based P3. TPG Capital and Ivahoe Cambridge Inc of Montreal bought warehouse landlord P3 Plc from Arcapita Bank.
Stamos Capital Partners buys back shares from partners, Merrill Lynch & Co
Stamos Capital Partbers reacquired its stakes from Merrill Lynch & Co and its two other partners. Stamos Capital Partners conducted a management buyout of the stakes held by its two partners and Merrill Lynch & Co.
No release of Nexus 5 yet, new speculations thrive
Google has not yet unveiled the Nexus 5 smartphone, resulting to new speculations about the new smartphone release
Earnings report shows Yahoo shelling USD63 million in company acquisitions
A total of USD163 million in cash was placed on eight acquisitions Yahoo Inc made during the third quarter this year, according to its recent earnings report.
Latest News
Investors remained anxious even if US Treasury Secretary Jacob Lew announced last week in Congress that the department had the capacity to pay US Treasury bill holders.
Luiz Carneiro was fired as chief executive of his OGX Petroleo e Gas Participacoes SA by Eike Batista, whose commodity group owned the oil and gas company.
A regulatory filing by Softbank Corp had confirmed rumors of the Japanese company purchasing a stake in US mobile distributor company Brightstar Corp.
UK newspaper The Guardian had confirmed the departure of American journalist Glenn Greenwald, who is rumored to be joining a new media venture backed by eBay founder Pierre Omidyar.
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO. Yahoo's investment in Chinese e-commerce firm Alibaba Group Holding Ltd was sufficient to keep Wall Street happy despite the continued struggle in the third quarter for advertising revenues, The shares of Yahoo increased by 1% to USD33.
Petr Kellner is seeking to purchase the Czech republic's unit of Telefonica SA. Telefonica SA is hard pressed to extract a higher premium for its Czech unit.
To address wrongdoing in the 'London Whale' scandal, JP Morgan enters into a settlement agreement with the CFTC.
Fitch is allowing itself until the first quarter of 2014 to determine if US credit rating needs to be downgraded.
Jury deliberations on the insider trading case against Mark Cuban started Wednesday. The jury had begun deliberations for the insider trading case of NBA Dallas Mavericks owner Mark Cuban.
