It was early Monday morning when people first started thinking that Google purchased ICOA Inc., a WiFi hotspot company based in Rhode Island. A headline on PRWeb, which businesses us to post press releases, read: "ICOA Inc. Acquired by Google for $400 Million."
It's unclear who broke the story firs ... More >>
The last thing Netflix needs right now is Carl Icahn, but there he is, his dour puss looming above Los Gatos as he buys up shares in the company and makes noises about how he thinks it should be run. The trouble is that he has no idea about how it should be run, and all he cares about is pulling in ... More >>
Does this mean they will stop endorsing Tea Party Republicans?Clarity Media Group announced today that it will sell the San Francisco Examiner -- the city's daily free tabloid. Phil Anschutz, the evangelical media mogul, announced that his Denver-based company has agreed to sell the Ex to Black P ... More >>
Yaniv Golan/FlickrAOL CEO Tim Armstrong is jealous of the new Internet bubble, and he wants in.
Last week during a meeting with investors, Armstrong noted the high valuations of companies like LinkedIn and Pandora and concluded that AOL is "severely undervalued." The Wall Street Journal quoted ... More >>
On Monday, the David and Goliath of concert ticket promotion and sales -- Live Nation and Ticketmaster -- joined forces to become Live Nation Entertainment, a music industry behemoth that promises to force other music labels and promoters to rejigger their business plans to accommodate. The U.S. ... More >>
Pissed Off: Bruce Springsteen
The proposed merger between concert venue conglomerate Live Nation and ticket hub mecca Ticketmaster (announced last February) has already resulted in catcalls from The Boss, Bruce Springsteen, who wrote an open letter to his fans after Ticket Master upsold tickets ... More >>
Today at 4 p.m., San Francisco Chronicle staffers will cut a cake and lift a glass to the abrupt end of many of their careers. At least 80 union employees have accepted the paper's buyout offer and guild rep Carl T. Hall anticipates that number will easily grow to 100 or perhaps even 150 by the buyo ... More >>
Megamillionaire Al Checchi thinks he piloted Northwest Airlines so well that you should elect him governor. Actually, he sucked in public subsidies, strong-armed unions, reneged on promises -- and still almost flew the firm into the ground.
University of California regents are set to vote next week on finalizing a merger of the UCSF Medical Center with Stanford University's health service.
Supporters claim the merger -- a transfer of $380 million in public assets to the private sector -- is