Groupon IPO Could Value Coupon Company at $15 Billion

Groupon is planning an initial public offering that would value the three-year-old online coupon distribution site at as much as $15 billion — more than double what Google reportedly bid on the company last year — The New Yor…

ITT Dismantles Its Empire, Ending the Age of Conglomerates

The 91-year old company was once the leading diversified industrial company, the product of hundreds of leveraged buyouts in the 1960s and ’70s. But its breakup is yet more proof that the conglomerate model makes little sense t…

The Latest Challenger to Apple Is. . .Samsung?

Microsoft and Google can surely claim to compete head-to-head with Apple, but Samsung is pushing in hard: While its Galaxy Tab may not be as hot as the iPad, it’s making headway. Indeed, Samsung is building a consumer electroni…