Dell To Acquire Perot Systems For $3.9 Billion

In an acquisition expected to widen the business sphere of Dell, the company is set to buy Perot Systems for $3.9 billion dollars. Dell makes PCs, but by buying Perot, a new market niche is opening for Dell. Perot Systems is an IT service company, which is a drastic shift for...

MySpace To Acquire Social Music iLike

MySpace, the social-networking giant, is going to acquire the popular social music start-up, iLike, in attempt to turn around its struggling business. While detailed terms of of the deal were not disclosed, it was reported by All Things Digital that that MySpace, a ...

Facebook Acquires FriendFeed

Facebook announced today that it has agreed to acquire FriendFeed, a Mountain View, California-based social networking site focused on contenting sharing. All FriendFeed employees will join Facebook, and FriendFeed's four founders will hold "senior roles on Facebook's...

So When Will Banks Give Loans? (Sen. Dodd Warns Banks of Revolution and Hell ...

The overgrown cancerous blood-sucking parasites, I mean the Banks of Corporate America, aren't going to be using the $700 billion bailout to extend credit to American businesses and homeowners going under water; they'll be using it for a merger and acquisitions spree, while...