Activist investor Elliott Management Corp on Friday disclosed a 6 percent stake in chipmaker NXP Semiconductors NV and indicated it was pushing for a higher price tag in NXP's pending sale to Qualcomm Inc for $38 billion in cash.
Electronic Arts Inc beat first-quarter revenue estimates as demand rose for its popular titles including "Battlefield 1" and "The Sims", but forecast current-quarter revenue slightly below expectations.
Omnicom Group Inc reported better-than-expected quarterly results as the No. 1 U.S. advertising company benefited from higher spending from businesses in Europe and the United Kingdom.
While that is the premise of Snap Inc’s popular messaging platform, investors also saw any gains from its red-hot IPO disappear when shares plunged far below their initial sale price on Tuesday. | Video
Shares of Abercrombie & Fitch Co plunged 21 percent on Monday and dragged down other stocks in the battered retail sector as the U.S. teen apparel maker terminated talks over a potential sale. | Video
Sprint Corp's talks with Charter Communications Inc and Comcast Corp about a wireless partnership added another layer of uncertainty to the outlook for potential deals in the cable and telecommunications sector.
Pandora Media Inc's co-founder Tim Westergren stepped down as chief executive and board member, less than a month after Sirius XM agreed to invest in the music streaming company.
Pandora Media Inc's co-founder Tim Westergren stepped down as chief executive and board member, less than a month after Sirius XM agreed to invest in the music streaming company.
By Lauren Hirsch, Anya George Tharakan and Sruthi Ramakrishnan
Yahoo Inc shareholders on Thursday approved the company's pending sale of its core internet business to Verizon Communications Inc for $4.48 billion (£3.4 billion), according to preliminary results from a shareholder meeting.
Fighting back tears, Theresa May said on Friday she would quit, setting up a contest that will install a new British prime minister who could pursue a cleaner break with the European Union.