Three private investment firms together bought Go Daddy for $2.5 billion plus the assumption of its debt.  KKR & Co., Silver Lake Partners, and Technology Crossover Ventures worked together to buy the world’s largest domain registrar whose sales have climbed 25% in the last year to $947 million and...
Orlando, Fla. AT&T announces new high-speed data offerings via today's press release: Demonstrating its ongoing commitment to small businesses, AT&T (NYSE: T) is offering its best-ever value for wired and wireless communications bundles. With the new plan, companies located in AT&T’s U-verse service areas in Florida can save up to $420...
Washington, D.C. - According to the U.S. Mint, it now costs 2 cents to make 1 penny, so instead of spending your pennies, go trade them in for cash at your local metal scrap yard? Ok, that won't exactly work out so well for you after you figure in the profit...
London, U.K. - Germans have reacted with visible anger as Britain decided not to join the new EU Fiscal Treaty, dubbed the "Merkozy" plan by pundits. Alexander Graf Lambsdorff, head of Germany's FDP group, part of the European Liberals, goes as far as to say it was "a mistake to let...
Detroit has finally achieved its dream — for one month, anyway. It knocked Japan’s four best-selling cars out of the Top 10 best-sellers in the USA in May results reported this week. The Honda Accord and Civic, and Toyota Camry and Corolla are always grouped behind the two best-selling pickups,...
San Francisco, CA - Bank of America, the nation's largest bank, said it will be cutting 40,000 jobs, or 1 in 6 of their total employees, in an effort to cut costs and survive a crushing amount of toxic mortgages it has had to buy back, having already depleted most...
Redmond, CA On Tuesday Microsoft announced that Satya Nadella will be the companies new Chief Executive Officer replacing Steve Ballmer who will retire later this year. Nadella is no stranger to the software giant having joined the company in 1992. He is currently the president of Server and Tools Business. One of...
The 45,000 Verizon Wireline workers that went on strike on August 6 have decided to return to work on Monday, without a new contract and no guarantee of any benefits. Feeling the pressure from half of all its Wireline workers out on strike, Verizon decided to extend the current contract...
Vice President Joe Biden told university students, on his fifth day during a visit in Chengdu in southwest China, that Chinese investments are safe. "Please understand that no-one cares more about this than we do since Americans own 87% of all our financial assets.  We have an overarching interest in protecting the investment,...
Sacramento- Web retailers have ended their online presence and sales to about 33 million consumers, residents of the state of California.  Major online retailers like Amazon and Overstock abruptly pulled out of the California market after warning state legislators that passing a bill to tax internet sales from out of...