Thoma Bravo Offers $3.9B for U.K. Cyber Firm Sophos
The news sent Sophos shares up, but analysts cautioned on Brexit risks.
CFTC Chairman Says Cryptocurrency Ether is a Commodity
Ether futures will begin trading in U.S. markets in the near future.
Twitter Says Personal Info Shared with Advertisers
The company said it did not know how many users were affected.
Boeing to Invest $20 Million in Virgin Galactic
The stake is contingent on Virgin Galactic’s plans to go public through a merger with Social Capital Hedosophia.
U.S. Supreme Court Denies Amazon Bid to Block Worker Suit
Warehouse employees say they should be paid for time spent in security screenings.
New York Sues Student Loan Servicer
The state says one of the largest federal student loan servicers is mishandling debt forgiveness for public service workers.
Samsung, Finablr Partner on Cross-Border Payments
The money-transfer feature within the Samsung Pay mobile wallet allows users to make transfers to 47 countries.
GM Idles Mexico Plant and Lays off 6,000 Workers as Strike Continues
The automaker cited a parts shortage due to the strike as the reason for the plant closure.
Ford Partners with Mumbai-based Mahindra
The $275-million joint venture will develop, market, and distribute Ford-branded vehicles in India and emerging markets.
Forever 21 Scaling Back Global Ambitions in Bankruptcy Plan
The "fast fashion" retailer said it would close stores in Canada, Europe, and Asia but continue operations in Mexico and Latin America.