Facebook confirmed testing on a new payments product that may take other mobile payment platforms like Paypal.
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Microsoft adds 17 international resellers for Surface tablets
Microsoft announced it would add new commercial distribution partners in 17 countries for the company's Surface tablets.
Silver Lake to purchase financial software firm BlackLine
Silver Lake Sumeru announced it would acquire a majority stake in BlackLine Systems, an accounting software company.
Leonard Green explores sale of Brickman
Leonard Green is exploring sale of Brickman, which is valued at about USD1.5 billion. Los Angeles private equity company, Leonard Green & Partners LP had asked Barclays and Morgan Stanley to handle an auction for Brickman Group Holdings Inc.
Harris and Blitzer buy New Jersey Devils
David Blitzer and Joshua Harris just purchased the New Jersey Devils hockey team. David Blitzer, Senior Managing Director of Blackstone Group and Joshua Harris, co-Founder of Apollo Global Management just bought the New Jersey Devils hockey team from former Lehman Brothers executive, Jeffrey Vanderbeek's ownership controlled group.
Latest News
Skylanders action figures sales surpass all action-figure sales in the US and Europe, according to Activision Publishing.
Fulcrum Equity Partners lead growth capital investments for outcome-based preventive health company, RivalHealth.
Cumberland Advisors' David Kotok isn't convinced about Apple's rally in share price yet.
Security firm Trusteer was acquired by IBM to expand their business in cybersecurity. IBM announced Thursday that it had agreed to purchase Israel startup Trusteer.
Retail company Macy's blamed shoppers' current spending habits for its second quarter sales.
Warren Buffett's Berkshire Hathaway invested in performing businesses and stocks, but shied away from newspapers in its latest SEC quarter filing.
New York Times credited "human error" as the culprit to the hour-long crash of its website earlier this morning.
EA raised its original 6 games-in-one price Humble Bundle to 8 games at GBP3.04 or USD4.72. Entertainment Arts and Humble Bundle released a more enticing offer to gamers.
Political unrest in Egypt affected both small-scale and large scale business. Observers fear it would get even worse.
