Entries tagged "ConnectU"
In a simple bit of electronic detective work, the AP discovered that Facebook thinks it's worth $3.7 billion, way lower than the $15 billion that Microsoft's investment suggested to some.
Here are some of Monday's news and rumors.Under pressure from Carl Icahn, Motorola Inc. nominates veteran tech dealmaker Bill Hambrecht to its board, reports affiliate Tech Confidential. In other activist hedge fund news, the Clinton Group purchases more shares of Select Comfort Corp. as it agitates for change at the mattress maker, according to SEC Investor.Don't let the headlines about activist investor success fool you. Evidently hedge funds and PE firms are having a hard time, notes Reuters. Newspaper publishers The Journal Register and The Sun-Times, and cable company Charter Communications may be delisted, according to PaidContent.Countrywide Financial Corp. wants to...
