A source familiar with the matter said on Saturday, Medical-device maker Medtronic Inc and rival Covidien, are in advanced talks to combine in a deal valued at $45 billion to $50 billion. The person said, asking not to be named because the matter is not public, the deal, which would allow Medtronic to be domiciled…
(NASDAQ:FB) Facebook has updated its Messenger app for iOS devices, giving users the ability to record and send 15-second video messages. Version 6.0 of the app also adds a feature called “Big Likes” — when you really like something, press and hold to send an even bigger “thumbs up” sign. The new version of Messenger…
eBay said on Monday David Marcus, who has led eBay Inc’s fast-growing payments unit PayPal, will step down from the e-commerce company on June 27 to run Facebook messaging products. EBay shares fell about 2 percent in trading after hours. Marcus has led PayPal, which has 148 million active users, for the past two years…
Mark Zuckerberg and other members of Facebook’s board have been sued by a shareholder who claimed a policy letting them annually award directors more than $150 million of stock each if they choose is unreasonably generous. In a complaint filed on Friday night in Delaware Chancery Court, Ernesto Espinoza said the board was “essentially free…
Once again, Twitter, Alibaba, Sprint and T-Mobile US are the major stocks in the news today. Sprint (NYSE:S) and T-Mobile (NYSE:TMUS) have agreed on a $32 billion merger. According to a WSJ report, recent regulatory developments convinced executives at Sprint and T-Mobile US to develop their telecommunications companies with joint forces. A deal approval is…
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (NYSE: NTT), announced today that it has agreed with 22 of its global telecommunications-carrier partners on a number of policies to further improve its Arcstar(tm) global network service quality during the Arcstar Carrier Forum 2015, which took place in Tokyo on…
