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COMPANY SPOTLIGHT

Direct news from the C-Class suite and official company blogs.

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ARTICLE SPOTLIGHT

Morgan Stanley gets a $5 million “improper influence” slap on the wrist during Facebook IPO by Massachusetts’ securities regulator

Finance Initial Public Offerings (IPO'S)
 December 21, 2012  by  Steven Barnes
According to the consent order, Facebook's finance chief informed Morgan Stanley's senior investment bankers on the first day of the IPO road show that they were no longer confident in the revenue guidance previously offered to analysts.
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Sprint completes Clearwire deal

Technology mobile communications
 December 19, 2012  by  Steven Barnes
Sprint is able to fund the transaction because of an investment made in it by Softbank Corp, a Japanese firm which, in October, paid over $20 billion to gain majority control of the telecom firm.
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Apple’s Teaching Moment: The return of Google Maps to the iPhone

Technology Computer Industry News
 December 17, 2012  by  John Eastman
Google announced the return of Google Maps on the iPhone with a welcoming – but perhaps jabbing – note to Apple, by posting a reminder of how long the last three months have been for past users of its maps.
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Google markets laptop to educational market for $99.00

Technology Mobile devices
 December 14, 2012  by  John Eastman
It is important to remember that at the time of the introduction of Negroponte's idea, laptop prices were priced in the $2,000 - $4,000 range, with virtually no low cost option (under $1,000) present on the market.
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Branson retains control of Virgin Atlantic Airways in sale of 49% stake

Finance Transportation & Shipping
 December 13, 2012  by  Kyle Rankin
Delta Air Lines has agreed to buy the 49 percent stake in Virgin Atlantic held by Singapore Airlines Ltd. for $360 million.
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