The failure of Halliburton and Baker Hughes’s $28 billion merger was due to opposition from regulators in the U.S. and Europe. The former now owes the latter a $3.5 billion breakup fee.
Gannett, owner of USA Today, wants to buy Tribune Publishing Company for $815 million.
GNC Holdings might put itself up for sale: the vitamin chain hired Goldman Sachs and law firm Wachtell, Lipton, Rosen & Katz to advise on “strategic and financial alternatives.”
Mobile chat app WhatsApp, which is owned by Facebook, was shut down in Brazil by a state judge for 72 hours. Service was blocked for 48 hours last December as part of a separate case.
Hulu hopes to launch a new cable TV-style streaming service in the first quarter of 2017. Co-owners Disney and 21st Century Fox are close to licensing agreements for many of their channels.
Oracle bought Opower, provider of cloud data solutions for utilities companies, for $532 million.
An Australian computer scientist long rumored to be the mysterious creator of Bitcoin has taken credit for the cryptocurrency, but not everyone is convinced.
U.S. grain companies plan to reject Monsanto’s latest crop of GMO soybeans, for fear that EU regulations could create problems with international trade.
The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson.