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One-Percenters Want to Buy the Corner Bakery
Smarting from poor returns in the markets, ultrawealthy individuals plan to increase their investments in small businesses
Categories: Small Business News
Olympus to Hold Special Shareholders Meeting April 20
Olympus Corp., the Japanese camera maker suing 19 current and former executives over accounting fraud, will hold an emergency shareholders meeting on April 20, it said yesterday in a statement to the Tokyo Stock Exchange.
Categories: Technology Tools
Sony, Panasonic Forecast Worsening Losses as Samsung Dominates
Japan’s biggest makers of TVs, phones and chips say they’ll lose about $17 billion this year, about three-quarters of what Samsung Electronics Co. will spend on research to lengthen the lead over its competitors.
Categories: Technology Tools
Telenor Seeks Norway’s Help After Cancellation of India Permits
Telenor ASA has enlisted the help of the Norwegian government to protect its investment in India following the cancellation of 122 mobile-phone licenses by the nation’s top court.
Categories: Technology Tools
Blackstone Said to Eye Brocade Buyout as Deal Interest Fades
Blackstone Group LP, the world’s largest private-equity firm, is studying a leveraged buyout of Brocade Communications Systems Inc., said a person with knowledge of the situation.
Categories: Technology Tools
A Google-a-Day Puzzle for Feb. 5
Categories: Technology Tools
Micron Technology CEO Steve Appleton Dies in Airplane Crash
Steve Appleton, who took charge of Micron Technology Inc. at 34 and went on to become the memory- chip industry’s longest-serving chief executive officer, died after crashing an experimental plane in Boise, Idaho. He was 51.
Categories: Technology Tools
Blackstone Said to Eye Brocade Buyout as Deal Interest Fades
Blackstone Group LP, the world’s largest private-equity firm, is studying a leveraged buyout of Brocade Communications Systems Inc., said a person with knowledge of the situation.
Categories: Technology Tools
Lightspeed Said to Be Raising $875 Million for U.S., China Funds
Lightspeed Venture Partners, an investor in LivingSocial.com, has almost completed raising two funds, one in the U.S. and one in China, totaling about $875 million, according to two people with knowledge of the matter.
Categories: Technology Tools
Hacker Group Anonymous Intercepted U.S. Call Over Investigation
The U.S. government said the online hacker group Anonymous intercepted a telephone call between FBI agents and U.K. authorities involving a joint investigation of the group.
Categories: Technology Tools
White Male Facebook Board Prompts Questions
While most of Facebook’s more than 800 million users are women, and females are more active social networkers, the company’s board lacks women and minority members
Categories: Technology Tools
Telenor Seeks Norway’s Help After Cancellation of India Permits
Telenor ASA has enlisted the help of the Norwegian government to protect its investment in India following the cancellation of 122 mobile-phone licenses by the nation’s top court.
Categories: Technology Tools
Panasonic Forecasts Record $10 Billion Loss on Floods, Charges
Panasonic Corp. almost doubled its annual loss forecast to a record 780 billion yen ($10 billion), the latest Japanese electronics company to predict weaker earnings because of Thailand floods and slowing demand for TVs.
Categories: Technology Tools
Orange Austria Deal May Need Changes for Antitrust Approval
Hutchison Whampoa Ltd. and Telekom Austria AG’s purchase of Orange’s Austrian mobile-phone assets may have to be amended to win European and Austrian approval, the country’s Federal Competition Authority said.
Categories: Technology Tools
JPMorgan, BofA Sued by New York Over Use of Mortgage Database
JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. were sued by New York Attorney General Eric Schneiderman over the use of a mortgage database that the state said led to improper foreclosures.
Categories: Technology Tools
A Google-a-Day Puzzle for Feb. 4
Categories: Technology Tools
AMD Eyes ARM Alliance in War on Intel
Could the low-power-chip design that's used in your iPhone someday show up inside the chips built by Intel-rival Advanced Micro Devices? Definitely maybe. Or as AMD's brand new Chief Technology Officer Mark Papermaster put it to us: "The answer is not no."
Categories: Technology Tools
How Windows Phone 8 'Apollo' Would Stack Up Against iOS 5, Android 4
Microsoft's Windows Phone OS is often criticized for lagging far behind iOS and Android. But on Thursday, a leaked description of Microsoft's next big mobile OS, Windows Phone 8, came to light, revealing how the operating system will improve. But can it really compete? We handicap Apollo against iOS 5 and Android 4.
Categories: Technology Tools
Sugar May Be Bad, But Is the Alternative Worse?
Given the recent controversy over sugar, one might look to artificial sweeteners for an easy alternative to thorny scientific and ethical questions. But to anyone seeking pastel-packaged reassurance that regulators won't ever need to pry donuts from their cold, dead and pudgy fingers, science offers only more uncertainty.
Categories: Technology Tools


