With good news comes bad news.
TechCrunch played middleman in a Facebook IPO-related legal matter that ended with underwriter Citigroup being hit with a $2 million fine, and the firm firing a top analyst.
Citigroup is close to finalizing a deal to sell off major music company EMI Group for an astounding $4.1 billion dollars, according to a Wall Street Journal report that cites anonymous sources familiar with the matter.
Enterprise software startup Atlassian announced Tuesday that is moving its collaboration and development products, including JIRA and Confluence, to the cloud with an innovative pricing structure.
Omar Khan, the Samsung exec who often introduced the world to Samsung’s latest Galaxy phones and tablets at events, has been hired to lead mobile initiatives for Citigroup.