Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.
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Apple describes US' proposal to regulate e-book sale as "draconian and punitive"
Apple described the US Justice Department's proposal to regulate its e-book sales as "draconian and punitive."
New York Times agrees to Boston Globe sale to John Henry
The New York Times Co announced that it has agreed to sell the Boston Globe newspaper to John Henry.
Richmond sues Chevron Corp for willful negligence in last year's refinery fire
The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.
San Francisco District judge denies class action certification by women filing case against Wal-Mart
San Francisco U.S. District Judge Charles Breyer rejected a motion filed by women workers of Wal-Mart's California offices as a class action lawsuit.
Latest News
According to sources, Compuware revamped its efforts to sell itself by looking for new buyout firms.
Apple lessened its budget for retail store supplies like pens and papers by 30% and reduced costs for employee trainings.
Analysts said that launching a mid-range iPhone would allow Apple to get the interest of the Chinese market and increase it revenue.
Windows 8 was still behind Windows 7 because adapting to new operating system would cost corporation a lot of time.
MidAmerican Energy Holdings Co is set to issue US$5.6 billion worth of securities to investors. MidAmerican Energy Holdings Co announced that they plan to issue an estimated US$5.
North Carolina based Telecommunications equipment maker, CommScope Holdings Co announced that they have filed the necessary documentations for an initial public offering.
Fire Eye Inc, the cyber security firm owned by former McAfee CEO Dave Dewalt, announce that they have filed documentation for an IPO to raise an estimated US$175 million.
Yahoo acquires Rockmelt Inc. for a deal valued at USD50 million according to sources familiar with the matter.
Leo Leiderman removed himself from the race for the new governor of the Bank of Israel. Leonardo Leiderman removed himself from the list of possible candidates to become the new head of Bank of Israel.
