Company News

Facebook's $1 billion acquisition of Instagram surprised outsiders this month, but Facebook's own board of directors was caught almost as off guard by Mark Zuckerberg's highhanded move. Here's why that doesn't bode well for Facebook's future:

Investment research firm Morningstar is steadfast in its view that the chairman who oversees a CEO shouldn't also be the CEO: Separation of the roles is a key point on its corporate governance checklist ... except when it comes to its own founder, Joe Mansueto.

If your love affair with Vampire Weekend only lasted for a weekend, or if you're no longer a believer in Justin Bieber, Amazon.com has a way out for you. The online retail giant has added CDs to the long list of used gear it will take in trade.

A software glitch in some of Nokia's new Lumia 900 smartphones led it to offer a sweet $100 wireless bill credit. Since the handset only cost $99.99, you can do the math: It's free. Oh, and the easily downloadable fix? It'll be available Monday.

In his youth, Steve Jobs, Apple's iconic leader, drew inspiration from Sony, a company that dominated the consumer electronics game for years. But now that Apple is the new Sony, where does that leave Sony?

Sports apparel behemoths Reebok and Nike have reached a settlement in their fight over New York Jets merchandise featuring iconic quarterback Tim Tebow.

Best Buy said Tuesday that it was a mutual decision, and that there were no disagreements with Brian Dunn on any matter relating to operations, financial controls, policies or procedures.