2 Stories

One Way Apple May Use All That Cash: Buy Hulu

With $76 billion in cash, pressure on Apple to buy something

(Newser) - Apple may have found something to do with its $76 billion in cash after all—the tech giant is eyeing Hulu, reports Bloomberg . Such a buy could cost Apple more than $2 billion, which would make Hulu the most expensive company Apple has ever purchased by far, topping the $400... More »

Motorola, Nortel Talk Joint Venture

Latest deal in ailing telecom-equipment industry

(Newser) - Motorola and Nortel are in talks about a possible merger of their wireless-infrastructure units, insiders tell the Wall Street Journal. In the works is a joint venture with Nortel holding a majority stake and likely revenues of around $10 billion from sales of network equipment for wireless phone carriers. The... More »

2 Stories