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Source: Dealbook Nytimes

26 Stories

Lyft is raising another $250 million in funding

In an effort to combat the ride-sharing juggernaut that is Uber, Lyft is apparently about to raise another $250 million in funding which would put the value for the company at...

Dealbook Nytimes

Barnes & Noble buys back $27.7 million in Nook stock from Pearson

Barnes & Noble has paid Pearson $27.7 million in cash and stock to buy back its stake in the company’s Nook e-reader business, giving the bookseller chain full control over...

Dealbook Nytimes

One simple mistake led to the biggest hack on a US bank in history

The cyber attack on JPMorgan Chase in mid-2014 was the largest computer breach ever for a US bank. More than 80 million consumers and small businesses had their personal information...

Dealbook Nytimes

AT&T expands into Mexico with $2.5 billion acquisition of Iusacell

AT&T has agreed a deal to expand into Mexico with the acquisition of local carrier Iusacell. The $2.5 billion move will create the first ever “North American mobile service,” AT&T...

Dealbook Nytimes

HP’s merger with EMC has reportedly come to a close

Hewlett-Packard appears to have given up its quest to buy all or part of data-storage company EMC. On Wednesday, Palo Alto-based HP said it was resuming its temporarily suspended stock-repurchase...

Dealbook Nytimes

Bitcoin value continues to plummet

$300, it’s the new $400. Sunday’s selloff managed to push the price of bitcoin below the $300 mark this morning, around two weeks after the cryptocurrency fell below its prior...

Dealbook Nytimes

JPMorgan Chase hackers also attacked 8 other financial institutions

JPMorgan Chase, which was hit by a massive hack disclosed in August, was just one of 10 financial institutions infiltrated by a group of overseas hackers that may have connections...

Dealbook Nytimes

Lenders can remotely disable your car if you miss your loan payments

Utilizing a piece of hardware called the starter interrupt device, credit unions and other types of loan companies have started mandating the use of such devices when an auto loan...

Dealbook Nytimes

Alibaba’s IPO makes it bigger than Amazon and eBay combined

We'd heard that the US IPO for Chinese company Alibaba could be among the biggest ever, and it did not disappoint. Closing at a stock price of $93.89, it raised...

Dealbook Nytimes

Lookout has raised $150 million to build a mobile anti-malware network

Things are really looking up for mobile security player Lookout. Lookout, based in San Francisco, has raised $150 million from a bevy of well known investors, it announced Wednesday, including...

Dealbook Nytimes