Private-equity firm Centerbridge Partners reached a tentative deal to buy LightSquared out of bankruptcy proceedings, potentially upstaging a bid by Dish Network to take over the wireless-telecommunications firm.
A company owned by top Google executives received an unwarranted discount of up to $5.3 million on jet fuel purchased over a six-year period from the federal government for their fleet of private jets, a new inspector general review shows.
Santa knows if you've been sleeping, and knows when you're awake. At the mall, shopper tracking technology knows if you went in a store and left empty-handed or if there was a bottleneck at the scarf counter.
The U.S. government's first major auction of wireless airwaves since 2008 has speculators seeking gold. The January auction is crowded with people who don't own networks but hope to cash in on a scarce asset.
Manjoo: Online real-estate firm Redfin sounds like it would be catnip for technology investors but mostly got blank stares from Silicon Valley venture capitalists. The problem: Redfin relies on people, not code.
Russia's first entry in the crowded smartphone market is an engineering feat. But the YotaPhone, which has an LCD color screen on the front and an e-paper reader on the back, may be dismissed as nothing more than a gimmick.
Retailers ranging from Sears to Saks have all embraced shipping to compete against Amazon. They are shuttling merchandise store to store, warehouse to store, store to customer—often both quickly and free.
A French court ruled that tobacconists should have the exclusive right to sell electronic cigarettes—the smoke-free alternative to tobacco products—dealing a potential blow to the burgeoning e-cigarette industry.
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