Time Warner Put the “For Sale” Sign on Time Inc. Last Fall

Jeff Bewkes and company used to insist they wanted to hang on to their magazine business. They stopped saying that in September.
Jeff Bewkes

Silver Lake Contributed $1.4 Billion to Dell Buyout Offer, Filings Show

Details emerge on the deal.
DellatCES

News Byte

mFoundry Acquired for $120 Million in Cash for Its Mobile Banking Tech

The original developer behind the Starbucks mobile application, mFoundry, has been acquired by FIS, which already owned a 22 percent stake in the company. FIS said it will pay $120 million in cash for the remaining stake, meaning the entire deal was worth around $165 million. Other investors in the nine-year-old company include MasterCard, Intel Capital, Motorola Mobility, PayPal, Bank of America and Ignition Partners. MFoundry had 850 clients, many of which were banks that deployed the company’s technology inside of their mobile apps.

Another Square Copycat: Bank of America Launches Mobile Payments

Bank of America’s new mobile payment solution is a little larger and not quite Square, but operates a lot like the one being distributed by the Silicon Valley start-up.
Bank of America Merchant Services' Square-Like Mobile Pay

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Email Giants Move to Slash “Phishing”

Email-service providers Google Inc., Yahoo Inc., Microsoft Corp. and AOL Inc. are backing a new effort intended to dramatically reduce “phishing” emails — which attempt to trick recipients into thinking they come from a legitimate source.

MasterCard Makes Its First Mobile Payments Investment in mFoundry

MasterCard has made a strategic investment in seven-year-old mobile banking start-up mFoundry.
mastercard paypass logo

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Financial Problems Could Shut WikiLeaks

WikiLeaks said it will shut down by year-end if financial-services companies don’t lift restrictions on donations that have hobbled the organization.

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BofA Blames Web Site Slowness on Upgrade

A botched technology upgrade was responsible for online banking problems that spilled into a sixth day at Bank of America Corp., inconveniencing customers and handing the biggest U.S. bank by assets fresh image problems.

LivingSocial Moves Closer to $1 Billion IPO

It’s not official quite yet, but CNBC is reporting thatĀ LivingSocial has selected its lead underwriters for an IPO that could value the company between $10 and $15 billion.

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Skullcandy IPO? Check Your Head.

If anyone needs proof the tech sector has entered extra-frothy, double-latte territory, it’s best to look past the immense valuations discussed for Groupon or Facebook.

Most Top Banks Have an App for That

Larry Ellison: Behind the Kimono

Exclusive: Yahoo CIO Kirwan Bids Adieu

2010: Year of the Palm? Maybe Not…

Intel Beats Bust? Big Time

Intel Beats Bust? Big Time

2010: Year of the Palm?