Voices

The Perk Bubble Is Growing as Tech Booms Again

The social calendar posted on a wall at Internet start-up Airbnb Inc. is covered in multicolored sticky notes. A recent Wednesday was blocked out for a wine and cheese mixer and an all-hands talk on stock options. Friday brought a rooftop barbecue, and Saturday there was an air-guitar contest.

IBM Buys Sterling Commerce From AT&T for $1.4 Billion

AT&T didn’t get much of a return on its dotcom-era acquisition of Sterling Commerce. The carrier, whose predecessor, SBC Communications, bought Sterling for $3.9 billion in stock back in 2000, sold the business-to-business services provider to IBM today for about $1.4 billion in cash.