The $300 Billion FAANG Surge Lives Another Week
June 10, 2018

The world’s favorite stocks fought through to their seventh rally in nine weeks, though not without landing a few blows on traders.

For about 24 hours on Thursday and Friday, losses in the FAANG block looked liable to snowball, bringing Continue reading

In a Leaked Memo, Apple Warns Employees to Stop Leaking Information
April 28, 2018
  • Company memo says it found 29 ‘leakers’ last year, 12 arrested
  • CEO Tim Cook pledged to ’double down’ on secrecy in 2012

Apple Inc. warned employees to stop leaking internal information on future plans and raised the specter of potential Continue reading

Zuckerberg’s Response Doesn’t Cut It, Facebook’s Critics Say
March 27, 2018
  • CEO vows to investigate leak, audit all third-party apps
  • Lawmakers say he must still testify; analysts question impact

Facebook Inc. CEO Mark Zuckerberg broke his silence on the crisis over political-advertising firm Cambridge Analytica’s access to user data on the Continue reading

Did Bitcoin Just Burst? How It Compares to History’s Big Bubbles
January 22, 2018

Bitcoin’s recent wobbles have given fresh urgency to a question that’s gripped market observers for much of the past year: Will the cryptocurrency go down as one of history’s most infamous bubbles, alongside tulipmania and the dot-com craze?

The magnitude Continue reading

Meredith to Buy Time Inc. With Koch Backing
December 13, 2017

Meredith Corp. agreed to acquire Time Inc. for $2.8 billion including debt, swallowing the once-mighty home of Fortune and Sports Illustrated after the internet age wreaked havoc on even the most prestigious magazine titles.

The $18.50-a-share offer is an all-cash Continue reading