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Netflix shares explode as revenue tops $1 billion

2013-04-22 22:10:33| CNET News.com

Streaming service adds more than 3 million streaming subscribers around the world in the aftermath of the debut of its "House of Cards" miniseries. [Read more]    

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Facebook Home Tops 500,000 Downloads

2013-04-22 18:34:43| PC Magazine Cell Phones Product Guide

Facebook Home hit the Android marketplace less than two weeks ago, and has already garnered more than 500,000 downloads.

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Russian tycoon tops UK rich list

2013-04-20 20:10:08| BBC News | Business | UK Edition

Russian businessman and Arsenal football club shareholder Alisher Usmanov tops the 25th annual Sunday Times Rich List with a fortune of 13.3bn.

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Schlumberger 1Q profit falls, but tops Street view

2013-04-19 17:48:29| Oil & Gas - Topix.net

Schlumberger's first-quarter net income fell 3 percent, weighed down in part by a restructuring charge.

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Dish tops Softbank bid for Sprint

2013-04-15 13:04:00| Telecompaper Headlines

(Telecompaper) Pay-TV provider Dish Network has launched a rival takeover offer for mobile operator Sprint Nextel, beating Japanese operator Softbank's bid agreed late last year. Dish is offering a total USD 25.5 billion for Sprint, versus around USD 20 billion under Softbank's offer. Based on Dish's closing share price the day before the offer was announced, the bid is worth USD 7.00 share, including USD 4.76 cash and 0.05953 shares in Dish for each Sprint share. Dish said its cash offer is worth 18 percent more than Softbank's bid, and the equity portion also gives Sprint shareholders a higher stake in the combined company, at 32 percent versus 30 percent under Softbank's proposal. Dish earlier launched a rival offer for Clearwire, the Wimax operator controlled by Sprint. As part of the proposed takeover by Softbank, Sprint is seeking to buy out the remaining shares in Clearwire, giving it access to a wide range of spectrum to expand its LTE services. Dish has been seeking to enter the mobile market for some time and already has some of its own spectrum, but its various attempts to acquire operators such as T-Mobile USA or MetroPCS have been rebuffed.

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