Warren Buffett, America’s most famous investor, holds himself to a high standard. That’s why he described 2012, a year in which his conglomerate Berkshire Hathaway achieved a total gain for its shareholders of $24.1 billion, as …
It was only a matter of time.
Groupon fired its charismatic CEO Andrew Mason on Thursday after a tumultuous tenure pockmarked by accounting gaffes, sophomoric stunts and a whopping 77% decline in the company’s share price. …
The U.S. technology industry is one of the most dynamic in the world, particularly with respect to mobile and Internet-based computing, two areas that are evolving at breakneck speed. Things can happen very quickly in the tech …
The Times they are a-changin’ — again. The New York Times Co., parent company of the Gray Lady, plans to sell The Boston Globe.
On June 30th, Federal Communications Commission chairman Julius Genachowski’s five-year term will expire, which has led to speculation that Genachowski might soon announce his departure. Although the FCC chair is not a …
Comcast’s $16.7 billion deal to purchase the remaining half of NBCUniversal from General Electric solidifies the cable and broadband giant’s role as a media titan and represents a triumph for CEO Brian Roberts, whose father …
Apple is going through a sour patch right now. On Monday, TIME columnist Tim Bajaran asked if Apple’s amazing run disrupting markets is over. The Cupertino-Calif.-based tech juggernaut has not introduced a truly break-through new …
Liberty Global’s $16 billion deal to buy British cable giant Virgin Media will create one of the largest broadband companies in the world, and sets up Liberty mogul John Malone, the famed U.S. cable financier, in a clash of the …
Last Friday, the Dow Jones Industrial Average — the benchmark stock index of America’s blue chip companies — closed above 14,000 for the first time since the financial meltdown sent the U.S. economy into the worst crisis in …
Facebook CEO Mark Zuckerberg made it crystal clear Wednesday that the social networking juggernaut has a better working relationship with hardware giant Apple than it does with Web search leader Google. The 28-year-old …
For years, Apple consistently beat Wall Street expectations, not only because the company habitually low-balled its financial projections, but also because it was growing at a rate and scale that was virtually unprecedented in …
