Harbinger Capital

Harbinger Bets That Palm’s Hand Is Better Than You Think

Peter Kafka in Media on April 14, 2010 at 9:04 pm PT

Somebody, somewhere is going to buy Palm. And whoever that is will end up paying more for the company than the market thinks it’s worth today. At least, that’s what Harbinger Capital hopes now that it owns 10 percent of Palm.

Why the New York Times Took Carlos Slim Over David Geffen

Peter Kafka in Media on May 26, 2009 at 1:00 am PT

The New York Times turned down a chance to borrow money from Hollywood mogul David Geffen last winter and went with Mexican billionaire Carlos Slim instead. So says the New Yorker, which also reports that Geffen tried to buy the paper outright in September.

David Geffen Thinks The New York Times Is a Charity Case. So What Does He Want to Do About It?

Peter Kafka in Media on May 14, 2009 at 6:10 am PT

A new series of reports argues that billionaire David Geffen doesn’t want to make money by investing in the New York Times–he wants to save it. Fair enough. But how exactly does he plan to do that?

David Geffen Wants a Chunk of the New York Times. But What Does Google Want?

Peter Kafka in Media on May 11, 2009 at 5:03 pm PT

David Geffen, who had previously tried to buy the Los Angeles Times, has been trying to buy a chunk of the New York Times. It’s not clear why. Also unclear: Why Google would have “looked seriously” at the opportunity to buy the Times in the last few weeks, as Fortune says it has.