According to reports, AT&T agreed to buy Time Warner in a deal valued at more than $85 billion, creating a new giant capable of producing content and distributing it to millions with wireless phones, broadband subscriptions and satellite TV. The acquisition of Time Warner—which owns HBO, TNT, CNN, Warner Bros., and more—moves AT&T into the entertainment business as its traditional wireless business […]
Media reports are saying that Verizon has agreed to buy Yahoo for some $5 billion. The deal is expected to be announced formally today before the markets open, according to the reports. AP reports that, Yahoo is expected to sell its email service and news, finance and sports websites in addition to its advertising tools, […]
According to Buzzed, Microsoft said yesterday (June 13th) that it’s buying LinkedIn for $26.2 billion, an unexpected purchase of the professional network that has 430 million members. LinkedIn will remain an independent unit of Microsoft and keep its name and current CEO. AP reports that the acquisition gives Microsoft the opportunity to further brand itself […]
Oprah bought a farm. E! News is reporting, The media mogul dropped $28 million at an auction for a 23-acre horse farm in Montecito, California. Marty Rogers and Sage Auctions announced in a press release, “Obviously, she is a very smart buyer and does have an amazing vision for this property. She had a number […]
Man, check out this feel good story I saw on the Huffington Post’s website. An Indiana principal is teaching her students a really important lesson. Nissa Ellet, principal of Heth-Washington Elementary school, sprung into action after noticing that many of her students were coming to school in shoes that frequently needed mending. Ellet tells WAVE3 […]
Dr. Dre is now hip-hop’s first billionaire….or is he? According to Pulse of Radio, Apple has officially agreed to acquire Dr. Dre and Jimmy Iovine‘s Beats Electronics and Beats Music for $3 billion — consisting of $2.6 billion in cash and $400 million in Apple stock. The deal is expected to close before the end of September. It […]
Singer/Actress, Jennifer Hudson, gave her personal assistant one of the best Christmas gifts ever. She bought him a house! Watch the hilarious Instagram video below. WOW! What a Christmas gift!
Lady Gaga dropped some serious cash at an auction over the weekend. She bought 55 items once owned by Michael Jackson, including the jacket he wore on the Bad tour. According to The Associated Press, Gaga intends on preserving the items. The jacket that Jackson wore on the Bad tour reportedly cost $240,000. A pair of crystal-encrusted gloves sold for more that […]