Post Thumbnail

It's been less than a month since Samsung confirmed that it would be spinning-off its LCD business into a separate company, and it looks like things are proceeding along speedily. The company's shareholders have now approved the spin-off, paving the way for the tentatively-titled Samsung Display C

2 years ago 0 Comments
Post Thumbnail

When the Korea Exchange asked Sammy about rumors of an impending spin-off of its LCD business, the firm said it was a move it was considering. Well, consider it done -- today Samsung announced it would be launching Samsung Display on April 1st, 2012 with $6.6 billion in its coffers. The move is sti

2 years ago 0 Comments
Post Thumbnail

It's been just over two weeks since HP announced plans to discontinue production of its webOS devices, and speculation over the future of the platform is still going strong. Just this week, Samsung CEO Choi Gee Sung put to rest rumors of a webOS deal, and now two leaked missives from inside HP show

3 years ago 0 Comments
Post Thumbnail

Word 'round the campfire is, HP may be prepping to spin off its PC business. Though Hewlett-Packard is the world's largest computer company, desktops and laptops are a relatively low profit margin business. Obviously, there's no confirmation yet that such a split will happen, but with the recent foc

3 years ago 0 Comments
Post Thumbnail

Seems like times are tough in the streaming music game -- Warner is making noise about dropping free streaming rights to its catalog, and now RealNetworks and Viacom have announced plans to spin off the Rhapsody subscription service. The new company will obviously be known as Rhapsody, and both Real

4 years ago 0 Comments
Post Thumbnail

Remember Motorola's decision to pause the sale of its largest division? Change of plans again, folks. According to The Wall Street Journal, the company's getting ready to reveal a new initiative, whereby it still sells its wireless networking business, but the set-top box and core handset business w

4 years ago 0 Comments
Post Thumbnail

Not a week goes by that we don't hear of investor pressure on Deutsche Telekom to strengthen its financials and offload underperforming units -- T-Mobile USA included -- and the American outpost is back in the spotlight this evening coming off a report out of The Wall Street Journal that a spinoff

4 years ago 0 Comments
Post Thumbnail

Amazing what a little success will do to a company, isn't it? The Wall Street Journal is reporting today that Motorola has put the brakes on its search for a buyer for its Home and Networks Mobility division that's responsible for the company's set-top boxes and network infrastructure equipment. It'

4 years ago 0 Comments
Post Thumbnail

We told you we had a feeling this thing was happening -- less than a day after GE consolidated ownership of NBC Universal in preparation to spin it off and sell a controlling stake to Comcast, CNBC is reporting that the deal is actually done and will be announced Thursday morning. As rumored from t

4 years ago 0 Comments
Post Thumbnail

Turns out the rumors were correct, DirecTV has officially announced CEO Chase Carey is resigning as of July 1, and a search for a successor is \"under way.\" Of course, there's no word if the subsequent speculation that the company's next move after its spinoff/merger is a sale to AT&T is at all a

5 years ago 0 Comments
Post Thumbnail

This won't affect the most of you one single bit, but for those that have a vested interested in either Time Warner, Inc. or Time Warner Cable, the details of the spinoff are now public. The tax-free separation of TWC from Time Warner will involve a dividend distribution of all of the Time Warner C

5 years ago 0 Comments
Post Thumbnail

Wait, what? Time Warner Cable is still a part of Time Warner, Inc.? Weren't they supposed to split, like, almost a year ago? We've always heard that old flames are hard to extinguish, so we guess we shouldn't be too shocked to hear that this drawn-out separation is still being, well, drawn out. Acc

5 years ago 0 Comments