tter Products LLC, the privately held company that makes the OtterBox protective cases for mobile phones, is exploring a sale that could value the company at more than $2.5 billion, including debt, according to people familiar with the matter.
Firm Management
Berlin bans car service Uber
Berlin has banned car service Uber, which allows users to summon a ride on their smartphone, for not offering drivers and vehicles licensed to carry passengers, or full insurance cover, the German capital said.
Brazil telecoms battle heats up as Oi steps in
The battle over Brazil's telecoms market is heating up, with the country's biggest fixed-line firm Oi signaling it may make an offer for Telecom Italia's local mobile business.
Suzuki recalls sedans in U.S. as spider webs block gas vents
Spiders drawn to gasoline vapors and weaving webs that block a hose to vent those vapors have caused Suzuki Motor of America to recall about 19,000 Kizashi mid-size sedans from model years 2010 to 2013, U.S. regulators said on Wednesday.
Alibaba revenue soars ahead of IPO
China's Alibaba Group Holding Ltd [IPO-BABA.N], which is expected to go public in New York as early as next month, reported a 46 percent jump in quarterly revenue as growth in the world's largest e-commerce market showed no signs of slowing.
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Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter.
Apple Inc (AAPL.O) is preparing to roll out a larger, 12.9-inch version of its iPad for 2015, with production set to begin in the first quarter of next year, Bloomberg cited people with knowledge of the matter as saying on Tuesday.
Google Inc (GOOGL.O) said it bought Zync Render, the visual effects cloud-rendering technology company behind "Star Trek Into Darkness". Rendering is the process of generating an image from a 2D or 3D model, or models, using computer programs.
Miner Cliffs Natural Resources Inc (CLF.N) said on Monday it will try to remove restrictions on its debt agreements so it can buy back up to $200 million worth of shares.
European Union antitrust regulators may open an investigation into Qualcomm, the world's No. 1 mobile chipmaker, based on a four-year-old complaint by a unit of rival Nvidia Corp, three people familiar with the matter said on Tuesday.
Best Buy Co Inc (BBY.N), the largest U.S. specialty retailer of consumer electronics, reported lower-than-expected quarterly revenue for the third straight quarter, citing a drop in traffic in its stores as more people shop online.
Shares of Digital Ally Inc, a company that produces wearable cameras, rose as much as 80 percent to $14.25 on Monday as outrage over the fatal police shooting of an unarmed black teenager in Missouri fueled interest in the company's devices.
Berkshire Hathaway Inc (BRKa.N) chairman and CEO, Warren Buffett, is helping finance Burger King Worldwide Inc's (BKW.N) take over of Canadian chain Tim Hortons Inc (THI.TO), the Wall Street Journal reported, citing people familiar with the matter.
Marketing software provider HubSpot Inc filed with U.S. regulators on Monday for an initial public offering of common stock.
