Money Matters - Simplified

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US regulators scrutinizing JP Morgan’s hiring practices in China

JPMorgan Chase & Co’s hiring practices in China have come under the scrutiny of U.S. authorities.

Google Paid $966 to Acquire Waze

One and half month after it acquired online mapping service Waze, search engine behemoth disclosed that it shelled out $966 million for the purchase.

Motor City Detroit Runs Out Of Financial Fuel

Detroit, well-known as the cradle of the American auto industry, has crumbled; not physically but financially.

Activision seeking EA’s addition in ongoing West-Zampella lawsuit

It seems like the publisher of worldwide blockbuster gaming title "Call of Duty: Black Ops,” Activision Inc. is not in mood to let either its ex-Infinity Ward execs Jason West and Vince Zampella (who defected few months back) or their support Electronic Arts walk easily away from the mess they created.

Microsoft sues Salesforce.com for patent infringement

Microsoft (NSDQ: MSFT) on Tuesday filed a patent infringement lawsuit against software-as-a-service provider company Salesforce.com.