Charter nears deal to buy Time Warner Cable Charter is nearing a deal to acquire Time Warner Cable in a transaction that would mark John Malone's latest conquest of the US cable industry.
Source: Financial Times
| By: James Fontanella-Khan
INTERVIEW-Canadian start-up Shoes.com eyes fall IPO after funding round TORONTO, May 25- Canadian e-commerce start-up Shoes.com Technologies plans to go public this fall following a private funding round that tapped high-net-worth individuals and private institutional capital, Chairman Roger Hardy said on Monday. The company raised C $45 million earlier this month, valuing it at C $320 million. The e-commerce industry,...
| By: John Tilak
Amazon changes tax practices in Europe as investigations continue - WSJ NEW YORK, May 24- Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg, the Wall Street Journal reported Sunday. European Union antitrust regulators opened an investigation into Amazon's tax-minimizing arrangements with Luxembourg in October.
Recalls this week: booster seats, gas ranges, crossbows A line of children's booster seats with potentially faulty safety straps are among this week's recalled consumer products. Others include several types of gas ranges with defects that can cause burn or fire hazards. FOR MORE: Call Vivint at 759-8189 from 8 a.m. to 9 p.m. EDT Monday through Friday or online at www.vivint.com and click on "Product Recall."
Source: The Associated Press
| By: By The Associated Press
Summer stock picks CNBC's Dominic Chu reviews stocks that tend to sizzle in the summer. David Sowerby, Loomis Sayles, weighs in
UPDATE 2-Microsoft, Salesforce talks fell through on pricing - CNBC *Microsoft was willing to offer about $55 bln- CNBC. May 22- Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter. A potential bidder can go up to $70 billion on the high end and Microsoft, Oracle Corp and Amazon.com Inc are the companies most likely to be suitors,...
| By: Devika Krishna Kumar and Anya George Tharakan
The frontrunners in e-commerce: Pro Gian Fulgoni, ComScore Inc executive chairman, discusses digital commerce in Q1 and the big businesses that dominate the space. Fulgoni also gives perspective to the way the government collects data such as retail sales.
Pro reshuffles Internet picks. Here's why... Mark Mahaney, RBC Capital Markets analyst, shares his strategy of shedding some high-profile tech names and placing his bets instead on several small-cap sweet spots.