The chairman of the Federal Communications Commission (FCC), Julius Genachowski took steps Tuesday to thwart AT&T's proposed $39 billion takeover of T-Mobile USA.
Sony Corp. is buying out Telefon AB LM Ericsson's 50 percent stake in their joint venture Sony Ericsson for €1.05 billion, or about $1.46 billion, in a bid to integrate smartphones into its consumer electronics portfolio.
In a move that may combine the two internet search engines, Google Inc. is in talks with two private equity firms about providing them finances to buy Yahoo Inc., the Wall Street Journal reported Saturday.
Wireless chipmaker Broadcom Corp. announced Monday that it is buying smart chip maker NetLogic Microsystems in a bid that would enhance its range of chipmaking technology for more advanced networks.
The proposed AT&T and T-Mobile merger faces another hurdle, this time from Sprint Nextel Corp.
The U.S. Department of Justice (DOJ) filed a civil antitrust lawsuit in the federal court Wednesday to thwart AT&T's proposed $39 billion takeover of T-Mobile USA.
In a move to carve a niche for itself in the burgeoning group messaging serviec market, Skype has agreed to takeover start up GroupMe.
In a deal influenced by its loss in Q2 of 2011, the world's third-largest media corporation, Murdoch's News Corp has sold its social networking site MySpace to Specific Media, an online advertising company.
Grupo Tampico, a Mexican bottler, is all set to merge with the world’s leading coke bottler, Coca-Cola FEMSA, in a $790 million (9.3 billion pesos) share-cum-cash agreement, Coca-Cola FEMSA announced Tuesday.