The Dutch navigation systems company said it plans to make a cash offer of 21.25 euros per share for digital map supplier Tele Atlas, valuing the company at 2 billion euros ($2.76 billion).
Sobering expectations — foreshadowed on Sunday when management announced lower prices — weighed on the company’s already drooping stock.
Hoping to win approval for their merger, Sirius Satellite Radio and XM Satellite Radio announced plans to let consumers choose the programs in their subscription package.
Taser International, the maker of stun guns, posted second-quarter profit of $3.7 million on sales to the military and law enforcement agencies.
Despite the plunge, Texas Instruments, the largest supplier of chips used in mobile phones, met analysts’ expectations.
A compound that’s known to extend life span in fish could also stop cognitive decline.
How will Revver and other revenue-sharing video websites address the challenges ahead?
Data visualization is changing behavior on the popular bookmarking site.