Former Facebook Employees Say Company Celebrates New Ideas, Not New Wealth – ABC News
But after founder and CEO Mark Zuckerberg, Facebook COO Sheryl Sandberg and a throng of cheering employees rang the Nasdaq opening bell from the company headquarters in Menlo Park, Calif., at 9:30 a.m. ET Friday, the campus became a ghost town.

Ariba Investor Sues Company Over $4.3 Billion Sale to SAP – Bloomberg
Ariba Inc., a California cloud- computing applications maker, was sued by a shareholder claiming SAP AG (SAP) s $4.3 billion takeover offer undervalues the company. Herbert Silverberg, who owns more than 2,000 shares, sued Ariba and its …

Curt Schilling s Videogame Company Goes Bust – CNBC
In a remarkable reversal of fortune, former major league pitcher Curt Schilling has laid off the entire staff that formed his videogame company, 38 Studios, just months after the company designed its first game. While Schilling had said he was pleased with …

Yahoo’s sale of Alibaba stock called good news for troubled company – San Jose Mercury News
Analysts Monday said Yahoo’s (YHOO) $7.1 billion deal to sell half of its stake in the Chinese e-commerce business Alibaba Group provides rare good news for the struggling Sunnyvale company and should please its investor critics, since most of …

Facebook acquires social gifting company Karma – CNET News
Because that’s what the company just did. As the Nadaq public market closed on Facebook’s first day of public trading, the social network bought the small social gifting company. Karma announced the acquisition in a blog post that doesn’t say …

Uggs unveils new wedding boot line for brides; Australian footwear company breaks into bridal – New York Daily News
Wedding party dons Uggs from the Australian footwear company’s cozy “I Do” collection. Here comes the bride, all dressed in . . . Uggs? The popular Australian footwear company has unveiled a new line for brides looking to satisfy their inner …

Cannes 2012: Inside The Weinstein Company’s ‘Lawless’ Premiere – Hollywood Reporter
Shia LaBeouf’s mother is moved to tears, and Jessica Chastain dances with friends at the exclusive after party on Baoli beach on May 19. As one of the most anticipated films of the festival, TWC and FilmNation s premiere of John Hillcoat s Lawless did …

SpaceX Becomes First Company to Dock Ship at Space Station – Bloomberg
It is the first company to accomplish the feat. There s so much that could have gone wrong, and it went right, Musk, 40, said in a press conference from SpaceX s headquarters in Hawthorne, California. This really is I think going to …

Schilling’s video game company lays off staff – WHDH.com
PROVIDENCE, R.I. (AP) — Curt Schilling’s faltering video game company has laid off its entire staff. A source at 38 Studios told The Associated Press that employees were notified of the layoffs Thursday. 38 Studios moved from Massachusetts in 2010 after …

Oil sands company raises $11M for Utah project – Syracuse Post-Standard
SALT LAKE CITY (AP) A tiny Canadian company announced Thursday it had raised enough money to start producing oil from Utah’s tar sands for a first-of-its kind project in the U.S. U.S. Oil Sands Inc. said it raised $11 million from a stock offering and …

Ford Motor Company to spend $250,000 on seven Tamil Nadu villages – Economic Times
CHENNAI: Global automotive giant Ford Motor Company will spend $250,000 on the education, safety, environment and health and welfare of the seven village communities around its plant near here, a top company official said Tuesday. “We have got a …

Eaton to Acquire Cooper Industries to Form Premier Global Power Management Company – Businessweek
The combined company would have had historical 2011 revenues of $ … The confirmation number is 249387. This news release can be accessed under its headline on the Eaton home page at www.eaton.com. Also available on the website prior to the …

Coin Company Acquires Rare Gold Collection of $2.50 Indian Head Coins – YAHOO!
The American Eagle Reserve announces the recent acquisition of a private rare gold collection of authentic and genuine $2.50 Indian Head Quarter Eagle gold coins. The American Eagle Reserve announces the recent acquisition of a private rare gold collection …

Chesapeake shares up after company vows to cut pay – CBS News
Chesapeake Energy Corp.’s shares jumped in trading Monday after the natural gas and oil company vowed to cut the pay and perks for its outside directors as it clamps down on its leadership. THE SPARK: Chesapeake announced Friday that it will cut …

Tennant Company Reports 2012 First Quarter Results – Yahoo Finance
Tennant Company (NYSE: TNC – News), a world leader in designing, manufacturing and marketing of solutions that help create a cleaner, safer, healthier world, today reported net earnings of $5.3 million, or $0.28 per diluted share, on net sales …

Bona Film Group Secures Strategic Investment From News Corporation – Yahoo Finance
BEIJING, May 13, 2012 (GLOBE NEWSWIRE) — Bona Film Group Limited (Nasdaq:BONA – News), a leading film distributor and vertically integrated film company in China, today announced that the Company has secured a strategic investment from News Corporation.

RI gov: Schilling company has laid off workers – YAHOO!
PROVIDENCE, R.I. (AP) Gov. Lincoln Chafee said Monday that former Red Sox pitcher Curt Schilling has laid off some employees at his troubled video gaming company and that state officials are continuing to try to ”protect every penny” of Rhode Island’s …

Chinese company to buy movie theater chain AMC – New York Post
BEIJING A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China’s biggest takeover of an American company to date. Dalian Wanda Group Co.’s purchase reflects the global …

Film effects company DDMG plans Abu Dhabi studio – US News and World Report
It set up a company in 2008 to partially bankroll Hollywood films, and has wooed major media brands such as CNN, the Financial Times and Cartoon Network to set up operations in the emirate. Sky News Arabia, a new pan-Arab news channel …

Yahoo CEO’s Ousting Is Victory For Hedge Fund Pushing Change At Company – NPR News
As the Mercury News reports: “The Mother’s Day boardroom drama signals a capitulation by Yahoo to demands from hedge fund Third Point and its aggressive chief Daniel Loeb that the company move in a different direction. It also ends a contest …