LinkedIn (LNKD), Microsoft (MSFT) Deal Closes Dec 8, 2016 09:09AM

(Updated - December 8, 2016 9:09 AM EST)

LinkedIn (NYSE: LNKD) opening delayed for news dissemination.

UPDATE - LinkedIn CEO Jeff Weiner posted the following to the company's blog on Thursday, while Microsoft CEO Satya Nadella also commented below:

As we closed LinkedIn's acquisition by Microsoft today, I sent the following to our team. Publishing it here on the network for those interested in learning more about where we'll be focusing our integration efforts.


Six... (continue reading...)

GNC Holdings (GNC) Enters Settlement with DOJ Over Supplement Sales Probe Dec 7, 2016 12:12PM

GNC Holdings (NYSE: GNC) agreed to pay $2.25 million in settlement with the U.S. Department of Justice over supplement sales, according to a statement released earlier Wednesday (and that is embedded below).

GNC agreed that it engaged in acts and omissions that allowed a misbranded supplement” to be priduced by a supplier without additional testing for ingredient verification.

Twitter (TWTR) 'Takeover Money' Moves On as 'Trump Money' Moves In Dec 5, 2016 03:17PM

As the takeover premium continues to come out of Twitter (NYSE: TWTR), as a deal is pretty much DOA, new speculative money appears to be replacing it. This is the "Trump Effect" money.

President-elect Trump was an avid Twitter user before, during and now after the election. In fact, today Trump took to the social media service to answer criticism that he tweets too much.

"If the press would cover me accurately & honorably, I would have far less reason to "tweet." he said.... (continue reading...)

Time's (TIME) Sports Illustrated Names LeBron James as the 2016 Sportsperson of the Year Dec 1, 2016 01:04PM

Time Inc.'s (NYSE: TIME) Sports Illustrated today announced that Cleveland Cavaliers star LeBron James is the 2016 Sportsperson of the Year. In a year full of stirring and historic performances across all sports, James was transcendent, rallying the Cavaliers from a 3-1 deficit against the Golden State Warriors in the NBA Finals to deliver the city of Cleveland's first championship in a major sport since 1964. James, who has now won three NBA titles, was named Finals... (continue reading...)

AngelList Acquires Startup Company Product Hunt Dec 1, 2016 11:42AM

AngelList has acquired Product Hunt, according to TechCrunch.

The purchase price was said to be about $20 million.

Product Hunt is a platform that allows users to vote up or down on startup products.

The move was affirmed by Product Hunt founder Ryan Hoover.

AngelList could be looking for Product Hunt to potentially develop into something like Kickstarter.

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