Best Buy Extends Deadline for Founder Bid

Best Buy Co Inc agreed to extend the deadline to February 28 for founder Richard Schulze to make a bid for the company, continuing the uncertainty for shareholders over whether he can put a bid together.

Mobile Commerce Is More Than Just Coupons: Tips From Three Big Retail Brands

Consumer brands want to experiment with mobile commerce. But you might be surprised where they want to focus. It isn’t always on coupons that offer product discounts. Why condition a loyal customer to expect a price break? Three big consumer brand companies -– Coca Cola, Best Buy and Procter & Gamble –- offered tips on […]

Best Buy Leads Virtual World Venture Deal

IMVU Inc., a Palo Alto, Calif.-based online destination where adults and teens meet new people in 3D, has raised $10 million in Series D funding. Best Buy Capital led the round, and was joined by return backers Menlo Ventures, Allegis Capital and Bridgescale Partners.

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Best Buy Backs Electric Motorcycle Maker

This morning, I asked PE Week Wire readers to name the latest electric vehicle company to raise its first round of funding. My only hint was “don’t think cars.” A few folks got it right, so now let’s share: The company is Brammo, an Ashland, Ore.-based developer of an electric motorcycle called the Enertia (no, […]

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