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Nigeria’s fuel crisis looks set to end just in time for its new president

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5 hours ago

Twitter is in talks to acquire Flipboard.

  An all-stock deal would value Flipboard, which makes a news reader app, at over $1 billion,Re/code reports. Mike McCue, the well-known entrepreneur behind Flipboard, would be an obvious heir apparent to Twitter CEO Dick Costolo, who has been under siege from investors over the last six months.
May 25, 2015

A TWC-Charter deal is taking shape.

  Charter, the US’s fourth-largest cable company, will reportedly pay $195 a share for Time Warner Cable, 14% higher than the closing price on Friday. The $55 billion merger could be announced as soon as Tuesday. Charter first approached TWC two years ago; TWC tried to make a deal with Comcast instead, but regulators blocked it last month.
5 hours ago

Samsung did a deal to empower the chairman’s son.

  Two key Samsung companies will merge in a move that gives heir Lee Jae-yong greater control over the conglomerate, including Samsung Electronics. Cheil Industries, a fashion business and theme park operator, will acquire Samsung C&T, a construction and trading firm.
4 hours ago

Sony makes a bid in Asian markets.

  The Japanese firm brings its flagship Xperia Z4 to China and the less powerful Xperia M4 Aqua to India. Sony is trying to win back market share from other Android handset makers like Xiaomi, Lenovo, and Huawei, which have been pushing it aside.
4 hours ago

An American journalist’s trial begins in Iran.

  Jason Rezaian, the Washington Post’s Tehran correspondent, faces espionage charges in a trial that will be closed to the public, including his family. Some US Republicans have attempted to use his arrest to scuttle an impending US-Iran nuclear deal—a goal they possibly share with the hardliners who control Iran’s judiciary.
May 23, 2015
Chart of the Moment

Apple Watch demand is still looking flat after a massive first day.

May 25, 2015

Greece’s leader subdues his radicals.

  Prime minister Alexis Tsipras got Syriza’s approval (payall) to reach a bailout deal with the country’s creditors, over the objections of his leftist party’s most extreme fringe. He’s hoping for a deal by June 5, when Greece’s next IMF payment is due, but there’s still a big gulf to bridge.
May 24, 2015

The “Beautiful Mind” couple die in a car crash.

  Mathematician John Nash and his wife Alicia Nash were in a taxi that lost control on the New Jersey Turnpike. The couple, portrayed in the 2001 film A Beautiful Mind, about John Nash’s struggle with schizophrenia, were on their way home from a trip to Norway, where Nash accepted the Abel Prize for mathematics.

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