Schilling’s company failed to make payment to RI

Tweet PROVIDENCE, R.I. (AP) — Rhode Island leaders are working to help former Red Sox pitcher Curt Schilling’s video game company remain viable after it failed to make a scheduled $1.125 million payment to the state’s economic development agency…. See the rest here: Schilling’s company failed to make payment to RI  Read More →

Gov.: RI working to keep Schilling company afloat

Tweet PROVIDENCE, R.I. (AP) — Gov. Lincoln Chafee acknowledged concerns about the financial health of former Red Sox pitcher Curt Schilling’s video game company Tuesday and said state officials are working to help it remain viable…. Here is the original post: Gov.: RI working to keep Schilling company afloat  Read More →

IBM not interested in deals over $1.5 billion: CFO

Tweet BOSTON (Reuters) – International Business Machines Corp has no interest in pursuing large acquisitions, preferring to focus on targets worth $200 million to $1.5 billion, a top executive said on Tuesday. Read more: IBM not interested in deals over $1.5 billion: CFO  Read More →

Early Facebook employee has memoir deal

Tweet NEW YORK (AP) — An early Facebook employee and former assistant to Mark Zuckerberg will have a memoir out this summer…. Link: Early Facebook employee has memoir deal  Read More →

Facebook raises IPO price as offering nears

Tweet NEW YORK (AP) — Facebook on Tuesday increased the price range at which it plans to sell stock to the public, as investor enthusiasm in the offering continued to mount and boost the potential value of the world’s most popular social network…. More: Facebook raises IPO price as offering nears  Read More →

Google’s Android gains share in smartphones-survey

Tweet HELSINKI (Reuters) – Google’s Android smartphone software stretched its market lead in early 2012, helped by new models from handset makers like Samsung and HTC and piling the pressure on rivals like Research In Motion and Nokia. Original post: Google’s Android gains share in smartphones-survey  Read More →

Facebook raises IPO range, targets $12.1 billion: source

Tweet NEW YORK/SAN FRANCISCO (Reuters) – Facebook Inc has raised the price range on its initial public offering to $34 to $38 a share in response to strong demand, a source familiar with the situation said, giving the No.1 social network a valuation exceeding $100 billion. Read more here: Facebook raises IPO range, targets $12.1 billion:... 

Groupon reports smaller 1Q loss, higher revenue

Tweet NEW YORK (AP) — Signaling a change of fortunes, online deals company Groupon Inc. posted a smaller net loss and sharply higher revenue in the first quarter, helped by increased demand from a growing customer base…. Read more: Groupon reports smaller 1Q loss, higher revenue  Read More →

Facebook IPO shares tough task for small investors

Tweet CHICAGO (AP) — Hoping to get in on Facebook’s hotly anticipated public stock offering? You’ll need Facebook friends at very high levels – or a lot of money…. Go here to see the original: Facebook IPO shares tough task for small investors  Read More →

Wireless startup LightSquared files for bankruptcy

Tweet NEW YORK (AP) — LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday…. See the original post here: Wireless startup LightSquared files for bankruptcy  Read More →