Security software maker Symantec Corp (SYMC.O) is in advanced talks to split its business into two entities - one that sells security programs and another that does data storage, Bloomberg reported, citing people with knowledge of the matter.
Sectors
Mercom Capital Group Reports Solar Q3 2014 Funding: Strong Quarter With $9.8 Billion in Total Corporate Funding, $326 Million in VC Funding
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on third quarterly funding and mergers and acquisitions (M&A) activity for the solar sector in 2014.
Venezuelans turn to bitcoins to bypass socialist currency controls
Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases -- and launch a little subversion.
GT Advanced bankruptcy offers warning to Apple suppliers
The financial implosion of Apple Inc (AAPL.O) supplier GT Advanced Technologies Inc this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a short-term risk for future riches.
The Big Data bounty: U.S. startups challenge agribusiness giants
Chris Gould's combine cab is loaded like the cockpit of a fighter jet he used to fly as he harvests soybeans in northern Illinois, steered by satellites, four video screens glowing with up to minute updates about his crop and the work's progress.
Latest News
Japanese Prime Minister Shinzo Abe will meet Russian President Vladmir Putin on the sidelines of the Asia-Pacific Economic Cooperation forum in Beijing in November, the two leaders decided on Tuesday, a Japanese government official said.
The finance ministers of Japan and South Korea will hold their first bilateral meeting in nearly two years on Friday, on the sidelines of this week's autumn IMF gathering in Washington, the Japanese Ministry of Finance said.
Hewlett-Packard Co's (HPQ.N) Chief Executive Officer Meg Whitman appeared to be banking on growth markets like 3D printing and a trickle back in PC sales when she announced on Monday a spin-off for the company's computer and printing business. But some on Wall Street are skeptical.
Indian paper manufacturer Ballarpur Industries Ltd said on Tuesday International Finance Corp (IFC) agreed to buy new shares worth $100 million in its unit Bilt Paper BV.
Hilton Worldwide Holdings Inc (HLT.N) said it would sell its flagship Waldorf Astoria New York hotel to a Chinese insurance company for $1.95 billion, one of the highest prices per room ever paid for a U.S. hotel.
Private equity buyout firm TPG has approached troubled British grocer Tesco PLC (TSCO.L) to buy its data gathering and analysis subsidiary Dunnhumby, which is worth well over 2 billion sterling, the Sky News reported on Monday.
A New York state development agency has approved up to $1.78 billion in funding for the completion of the stalled 3 World Trade Center building in lower Manhattan.
Raytheon Co (RTN.N) beat out Lockheed Martin Corp (LMT.N) and Northrop Grumman Corp (NOC.N) for a contract to build a next-generation long-range radar system for the U.S. Air Force, the U.S. Defense Department said on Monday.
The Bank of Japan on Tuesday maintained its massive asset buying program but offered a bleaker view on factory output, following signs that the world's third-largest economy was hit harder than expected by a sales tax increase in April.
