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BUSINESS
February 9, 2007 | From the Associated Press
The jockeying to bring the most popular names from TV and the Web to cellphones produced another exclusive deal Thursday with Verizon Wireless nabbing a multiyear agreement to offer ESPN's flashy feed of sports scores, newscasts and video highlights on the tiny screen. The plan to revive Mobile ESPN -- initially born as a full-blown cellphone company that would compete with big players such as Verizon before Burbank-based Walt Disney Co.
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BUSINESS
August 13, 1999 | Leslie Earnest
Stater Bros. Inc., which is nearly doubling its presence in Orange County by acquiring 14 Albertson's and Lucky supermarkets, will reopen three of them Saturday. They will be the first to reopen in Orange County under the Stater Bros. name since the Colton-based chain announced the deal in June. The stores were put on the block when Albertson's Inc. sought to gain regulatory approval to acquire Lucky's parent, American Stores Co., in a $9.8-billion deal.
BUSINESS
April 17, 2000 | GREG JOHNSON, TIMES STAFF WRITER
Linda Kelly earns plenty of frequent-flier mileage traveling to corporate auctions where she bids on such industrial-strength used equipment as Class 100 clean rooms and nitrogen belt furnaces. But as the $100-billion business of disposing of excess corporate assets moves online, the Microsemi Corp. executive plans to spend more time in her Santa Ana office.
BUSINESS
July 8, 2008 | Jessica Guynn, Times Staff Writer
Reid Hoffman is a big man in Silicon Valley. And, try as he might to remain in the background, his stature just keeps growing -- literally and figuratively. It all began in the bleak aftermath of the dot-com bust, when despondent entrepreneurs and investors were throwing in the towel. Hoffman, never one to shrink from a challenge, rolled up his sleeves. The PayPal Inc. veteran took some of the $10 million he made in 2002, when EBay Inc.
BUSINESS
March 16, 2011 | By Mike Swift
Once derided as Google's folly, the home of cheesy cat videos and the money-losing stepchild of an otherwise wildly profitable company, YouTube is emerging as a model for the more nimble, faster-paced company that Google co-founder Larry Page hopes to foster as he takes the reins as chief executive. That's quite a shift. Though YouTube was a cultural phenomenon when Google Inc. bought it in 2006, it was bleeding money ? losing nearly half a billion dollars as recently as 2009, by one estimate.
BUSINESS
May 10, 1988 | From Reuters
Mohasco Corp., a carpet and furniture maker, agreed on Monday to be taken over by MHS Holding Corp., an investment group, for about $489 million in cash and debt securities. Fairfax, Va.-based Mohasco had been up for sale since February, when Nortek Inc. announced it owned 7% of the company's 13.39 million shares and was considering an all-cash takeover offer. Analysts said Monday's offer of $36.50 a share from the newly formed MHS Holding Corp.
BUSINESS
January 28, 2013 | By Chris O'Brien
First-time visitors to Silicon Valley are inevitably disappointed when they arrive at the world's leading center of innovation. For all the amazing technological breakthroughs this region has produced, for all the disruptive products launched from here, the region's architecture is less than an after-thought. From south of San Jose, stretching up the Peninsula through South San Francisco, Silicon Valley is an architectural wasteland. The notable exception is the Stanford University campus in Palo Alto It's a shame, really.
BUSINESS
May 25, 2005 | From Associated Press
The hand-held computer company that made its name with the Palm Pilot said Tuesday that it was changing its name back to Palm Inc. PalmOne Inc. said it agreed to pay $30 million over 3 1/2 years to the software company it spun off in 2003, PalmSource Inc., for the latter's 55% share of Palm Trademark Holding Co. PalmOne said it expected to change its name to Palm Inc. this year. Shares of PalmOne rose $1.58 to $28.84. Shares of PalmSource rose $1.15 to $10.04. Both trade on Nasdaq.
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