Recent Posts

Verizon to Pay $1.1B for MCI Stake

NEW YORK – Verizon Communications Inc. (VZ) said Saturday it is paying $1.1 billion to acquire a 13.4 percent stake in MCI Inc. (MCIP) directly from its largest single stockholder. The transaction removes a major wild card in Verizon’s bid to fend off a higher-priced offer to acquire MCI by …

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Wikipedia, Craigslist Founders Honored by Digital-Rights Group

NEW YORK – The founders of two popular Web sites and a nonprofit advocacy organization are recipients of the annual Pioneer Awards from the Electronic Frontier Foundation. The EFF said the winners “all represent vital, community-building organizations dedicated to spreading knowledge in or about our digital world.” Craigslist founder Craig …

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FOX Facts: Patrick Kennedy

Rep. Patrick Kennedy, D-R.I., crashed his car into a blockade Thursday night on Capitol Hill and was escorted home by police. — Kennedy is serving his sixth term in Congress — He is the representative from the First District of Rhode Island — He was elected to Congress in 1994 …

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