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Facebook: An online money machine

May 16, 12:36 AM

From its 2004 origins in a college dorm room, Facebook Inc. is poised Friday to become the most valuable company in U.S. history to sell shares of stock to the public.

Revolving door: Yahoo ushers out another CEO

May 14, 11:08 AM

Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.

Liberty to boost stake in Sirius XM to 45 pct

May 8, 2:51 PM

Billionaire John Malone's Liberty Media Corp. said Tuesday that it will spend $650 million to increase its effective control of satellite radio company Sirius XM Radio Inc. to 45.2 percent.


The Sprint Connection

Sprint CEO Hesse has board’s support, chairman says

May 16, 12:48 AM

Sprint Nextel Corp. CEO Dan Hesse enjoys “the full support” of the company’s board, Sprint’s chairman told shareholders Tuesday. Jim Hance, chairman of the Overland Park-based wireless carrier, made the remarks at Sprint’s annual shareholders meeting.

Ex-Sprint partner LightSquared files for bankruptcy

May 14, 10:07 PM

LightSquared Inc. filed for bankruptcy Monday after its plan to deliver high-speed wireless to as many as 260 million people ran afoul of U.S. regulators.


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