The online streaming music service Spotify plans to launch in the U.S. Thursday morning, the company said in a brief press release. read »
The social gaming company Zynga offered $1 billion in cash to acquire PopCap Games, but was turned down in favor of a more complex and potentially more lucrative offer from Electronic Arts, according to a source close to the deal. read »
Great Speculations
According to a company press release, Viacom’s kid focused channel, Nickelodeon, ended up being among the top cable networks in Q2 2011, an arena in which companies like Time Warner, Disney and News Corp have a significant presence. This performance was led by programs such as iCarly. read »
Rupert Murdoch aggrandized media power the past 11 years, especially by vastly overpaying fir the Wall Street Journal. But, he certainly hasn't made any money for his shareholders. read »
Mike Bako speaks with Bill Gunderson about Small Cap investing, his new iPhone app, and what stocks he likes in the banking industry. read »