I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
In Second Opinion, the iPhone 6 is way more popular than the iPhone 6 plus, the Onion goes up for sale, Microsoft is launching a web-based version of Skype and the first women-focused venture summit has been postponed until next year.
1 min read · 14 November 2014
Pegasus Solutions has sold its Distribution Services business to H.I.G. Capital. Terms of the deal, which closed Nov. 10, weren’t announced. The transaction was part of Pegasus’ sale of its Reservation Services business to Regent Equity Partners, which was completed in October. All of Pegasus has been sold, the statement said. Pegasus’ Distribution business provides information and data connectivity to nearly 100,000 hotels. Matthew Epstein of Sagent Advisors provided financial advice to Pegasus.
2 min read · 14 November 2014
LendingClub Corp., which is backed by investors including Kleiner Perkins Caufield & Byers, is pursuing a dual track process, two sources said.
2 min read · 14 November 2014
In Second Opinion, Alibaba plans to raise as much as $8 bln with a U.S. bond sale, bank branches are slowly fading away, Facebook cuts its privacy policy to 2,700 words and Reddit CEO Yishan Wong resigns.
1 min read · 13 November 2014
The online lender, which is well into the IPO process, is exploring a potential sale, sources said.
2 min read · 13 November 2014
In Second Opinion, Handy faces a class action lawsuit, Goldman picks 78 employees to become partners, Will Farrell's Funny or Die hires Moelis & Co. to seek a buyer, and most Americans think they have lost control over their personal information.
1 min read · 12 November 2014
In Second Opinion, AT&T is buying Iusacell for $2.5 bln, Ontario Teachers' Pension Plan acquires a stake in BlackBerry, Hackers steal Home Depot addresses and cigars may be as bad for your health as cigarettes.
1 min read · 07 November 2014
In Second Opinion, Lyft sues its former COO Travis VanderZanden, Microsoft's Office suite for iPad, iPhone, and Android is now free, the Weather Channel lays off 80 behind-the-scenes staff and a little porcupine fends off 13 lions.
1 min read · 07 November 2014
A strong IPO and M&A market have helped private equity hit a distribution record, according to a report from global placement agent Triago.
1 min read · 06 November 2014
In Second Opinion, the Apple Watch may start at $500, Paul Allen's Vulcan Inc. is helping save elephants, Palo Alto Networks discovers malware that targets Apple OS X desktop and McDonalds is bringing the McRib to 75% of U.S. stores.
1 min read · 05 November 2014
