IBT Staff Reporter

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Coupons.com raises $200 million in private round

Digital-coupon business Coupons.com said it had raised $200 million from institutional investors, underscoring the tremendous investor appetite for businesses that help consumers find bargains using the Internet.

Wii U: Nintendo President Says Inviting to All Kinds of Gamers

The experience enabled by Wii U and the new controller takes players deeper into their games, while reaching out wider than ever before to be inviting to all kinds of gamers, Nintendo President Satoru Iwata said while introducing Wii U, the successor of its worldwide mega-hit video game console.

Judge signals OK of Wells Fargo gender bias accord

A federal judge signaled that she would approve a settlement calling for Wells Fargo & Co to pay $32 million to about 1,200 female brokers who claimed they were paid less than men and denied promotions because of their gender.

Delta to Pay back $175 million in Minnesota

Delta will now have to pay back $175 million dollars in loans that was used to help Northwest Airline's training center because Delta is moving the facilities to Atlanta, Georgia, Delta's home.

Sony sees brisk sales of new games device

Sony Corp expects its new PlayStation Vita handheld games device to sell faster than its predecessor, despite the explosive growth of mobile gaming on smartphones and tablets.

U.S. online poker case defendant denied bail

One of several men accused of helping online poker websites dodge U.S. gambling laws lived in Central America for years to avoid a telemarketing fraud charge and was preparing to flee to Thailand before his arrest, a U.S. prosecutor said on Wednesday.

SEC seriously looking at cybersecurity

Securities and Exchange Commission Chairman Mary Schapiro said this week she will seriously consider issuing additional guidance outlining when public companies should disclose cybersecurity breaches.

Capcom sticks to its guns in transition to Smurfs

Sticking power was what helped Japan's Capcom, best known for macho games like Street Fighter and Resident Evil, break out of its niche and score an international smartphone hit with the gentler Smurfs' Village, the company's president said in an interview.

EBay seeks acquisitions to speed impulse buys

EBay is hunting for acquisitions to speed up its development of image recognition and augmented reality features as the online retailer and auctioneer seeks to capitalize on the potential of mobile phones to help consumers make impulse purchases.

Hacking crisis costs EMC reputation in security

A recent cyber breach at EMC Corp's RSA security division and a related attack at defense contractor Lockheed Martin Corp have damaged RSA's once-stellar reputation, according to industry experts.

Growth slowed in spring but didn't stall: Fed

Growth slowed in some U.S. regions during May as costlier food and energy as well as supply disruptions stemming from a major earthquake in Japan in March took a toll, the Federal Reserve said on Wednesday.

GOP Presses Democrats to Unload Weiner Campaign Donations

Two rank and file House Democrats are taking donations received from Rep. Anthony Weiner, D-NY and donating them to charity in the wake of mounting Republican pressure after the embattled Congressman admitted to posting a lewd crotch photo to the Internet, deleting it and then lying by claiming he his account was hacked.

Europe eyes private sector role in Greek debt deal

The euro zone edged closer on Wednesday to a compromise on a second Greek bailout package under which private creditors would be asked to swap their sovereign debt holdings for bonds with longer maturities.

Forrester analyst questions Groupon IPO valuation

Groupon Inc, the largest online coupon company, may be worth billions of dollars less than its recent initial public offering filing suggests, e-commerce analyst Sucharita Mulpuru estimated on Wednesday.

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