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Amy Thomson

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EUROPEAN STARTUPS are finding it difficult to crack the U.S. market, especially when it comes to raising capital. Some of them are retreating back across the Atlantic after finding the costs of success outweigh the potential advantages.

Europe’s startups find U.S. tough to crack in quest for cash

LONDON - After startups from France’s Vente-Privee.com SA to the U.K.’s Hailo Network Ltd. retreated from the United States last year, European entrepreneurs are...

Providence Equity to buy Daily Mail unit

LONDON - Providence Equity Partners agreed to buy Daily Mail & General Trust Plc’s U.S. conference unit for about 106 million pounds ($175 million),...

Verizon sees spectrum shortage pushing industry acquisitions

NEW YORK - Verizon Communications Inc. Chief Operating Officer Lowell McAdam said a shortage of airwaves made AT&T Inc.’s planned buyout of T-Mobile USA...

Verizon profit more than triples as iPhone helps win users

NEW YORK - Verizon Communications Inc., the second-largest U.S. phone company, reported earnings that more than tripled as taxes decreased and the carrier attracted...
LOWELL MCADAM, current chief of Verizon Wireless, is scheduled to become president and COO for parent company Verizon Communications and next in line to succeed CEO Ivan  Seidenberg. /

Verizon names wireless head Lowell McAdam president, COO

NEW YORK – Verizon Communications Inc., the second-largest U.S. phone company, named wireless-unit head Lowell McAdam president and chief operating officer, putting him in...

Providence Equity might buy wireless giant

Alltel Corp., a Little Rock, Ark.-based wireless service provider with nearly 12 million customers in 35 states, is in talks with three competing buyout...

Verizon seeking $197M from Vonage in lawsuit

A Verizon Communications Inc. lawyer told a federal jury in Virginia last week that Vonage Holdings Corp. infringed five patents covering Internet telephone services...
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