Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / October 18, 2010, 10:41 pm

Got a question for Twitter co-founder Biz Stone?

Biz Stone, the 36-year-old co-founder and creative director of the hugely popular microblogging service Twitter, is scheduled to meet with a group of Union Tribune reporters on Wednesday to talk about the company's features and future. The one hour ... (Source: San Diego Union-Tribune 2010-10-13T17:06:38Z)

Bankers Take Blows from Evaporated Rio Tinto-BHP Deal

How dare Rio Tinto and BHP Billiton drop plans for their $116 billion iron-ore joint venture, which the companies did over the weekend under opposition from regulators and rivals? Won't someone please think of the bankers? The scrapped deal dents the ... (Source: Wall Street Journal 2010-10-18T21:32:44Z)

BHP and Rio Abandon Joint Mining Venture in Australia

A revival of demand for raw materials as the global economy regains strength has fueled a string of takeovers and deals in the mining and energy sectors in recent years, and the two companies had hoped to reap substantial savings by combining their iron ... (Source: New York Times 2010-10-18T23:34:25Z)

Twitter co-founder says aim is to be 'indispensable'

Twitter co-founder Biz Stone said Wednesday that he always wanted to create "a very large network that was indispensable to people's lives around the world," and that the company is almost there. Stone, 36, the company's creative officer, shared ... (Source: San Diego Union-Tribune 2010-10-14T07:25:38Z)

Ron Conway's Big Deals: How He Found Google And Facebook

It's the rare angel investor who scores one historic blockbuster exit in a lifetime. Ron Conway has done it, and may have a couple more in him. Conway, one of the most well known angel investors in Silicon Valley, is a former entrepreneur who sold his ... (Source: Wall Street Journal 2010-10-19T00:17:22Z)

Northeast Utilities will buy Nstar in $4.17 billion deal

NEW YORK - Northeast Utilities will buy Nstar for $4.17 billion, forming the biggest New England utility company with 3.5 million electric and gas customers in three states. The acquisition should help Northeast pay for large transmission projects designed ... (Source: Daily Hampshire Gazette 2010-10-19T04:49:23Z)

Countrywide CEO settles

LOS ANGELES — Angelo Mozilo, who presided over the spectacular rise and devastating fall of Countrywide Financial Corp., struck a deal Friday to avoid going to trial next week on accusations of investor fraud and insider trading. The 71-year-old Mozilo ... (Source: Houston Chronicle 2010-10-16T06:47:28Z)

Septeni Selects KENSHOO for Paid Search Campaign Management

Beyond Media Global, a regional KENSHOO partner, announced today that Septeni, one of the Japan's largest internet ad agencies, has selected the KENSHOO Search platform to optimize online campaigns for its clients. Septeni, with over 1,000 clients and ... (Source: YAHOO! 2010-10-18T22:44:19Z)

Surging Giants deal Lions 24th road defeat in row

EAST RUTHERFORD, N.J. -- It wasn't pretty. It wasn't impressive. And it certainly wasn't a blowout like a week ago. The New York Giants simply found a way to keep winning Sunday, and the error-prone and road-awful Detroit Lions helped them along the way ... (Source: CBS Sports 2010-10-16T23:58:16Z)

Mad Catz/WWE All Stars deal

Mad Catz ® Interactive, Inc. ("Mad Catz" or"the Company") (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider, and THQ Inc. (NASDAQ:THQI), a leading developer and publisher of videogames, announced today an ... (Source: MCV 2010-10-18T14:59:01Z)

Merkel: German multiculturalism 'utterly failed'

Chancellor Angela Merkel's declaration that Germany's attempts to build a multicultural society had "utterly failed" are feeding a growing debate over how to deal with the millions of foreigners who call the country home. Merkel told a meeting of young ... (Source: AP - msnbc.com 2010-10-17T19:17:54Z)

U.S. Hikers Spend 444th Day in Prison in Iran

Fattal's brother Alex said it's a milestone the hikers and their families never expected to reach. But it's now clear they will add to it. Iranian officials tell ABC News they will face trial for spying. "It's just another heartbreaking day," Alex Fattal ... (Source: ABC News 2010-10-18T21:32:44Z)

UPDATE 1-Nikko, Singapore's DBS Asset in talks for deal -sources

SINGAPORE, Oct 5 (Reuters) - Japan's Nikko Asset Management is in "serious" talks to buy Singapore's DBS Asset Management, in a deal that would also involve DBS Group ( DBSM.SI ) buying a small stake in Nikko, three sources said on Tuesday. The deal is ... (Source: Reuters 2010-10-05T07:07:40Z)

Mad Catz® Enters into Multi-Year Agreement with THQ for Worldwide Rights to WWE ® All ...

Mad Catz ® Interactive, Inc. ("Mad Catz" or "the Company") (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider, and THQ Inc. (NASDAQ:THQI), a leading developer and publisher of videogames, announced today an ... (Source: Gamasutra 2010-10-18T14:59:01Z)

John Baer: If you missed Onorato-Corbett debate, you didn't miss much

OK, SO MAYBE your weekend TV plans had more to do with the Phillies, the Eagles or the return of Steelers QB Big Ben Roethlisberger than with the Pennsylvania governor's race. Maybe you missed the Saturday night live (or Sunday replayed) debate in ... (Source: Philadelphia Daily News 2010-10-18T23:27:15Z)

Mad Catz Enters into Multi-Year Agreement with THQ for Worldwide Rights to WWE All Stars ...

Mad Catz Interactive, Inc. ('Mad Catz' or 'the Company') (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider, and THQ Inc. (NASDAQ:THQI), a leading developer and publisher of videogames, announced today an agreement to ... (Source: Consumer Electronics Net 2010-10-18T14:01:45Z)

Countrywide execs strike deal with SEC

LOS ANGELES - Angelo Mozilo, who presided over the spectacular rise and devastating fall of Countrywide Financial Corp., struck a deal Friday to avoid going to trial next week on accusations of fraud and insider trading. Mozilo, 71, and two former top ... (Source: AZCentral.com 2010-10-16T01:53:59Z)

Merkel: German multiculturalism has failed miserably

BERLIN — Chancellor Angela Merkel's declaration that Germany's attempts to build a multicultural society had "utterly failed" is feeding a growing debate over how to deal with the millions of foreigners who call the country home. Merkel told a ... (Source: Detroit Free Press 2010-10-18T18:05:08Z)

Onorato Hits Corbett Again On Gun Issues

We're a couple of hours away from the last debate in the gubernatorial election season and Allegheny County Executive Dan Onorato, the Democratic nominee, really wants to talk about how he differs from his Republican opponent, state Attorney General Tom ... (Source: Philadelphia Daily News 2010-10-18T18:12:18Z)

Asia Hedge Funds Find Cash Rare Even as Region Booms

(Updates with comments on the outlook for fundraising and startups from ninth paragraph.) Oct. 19 (Bloomberg) -- Asian hedge-fund managers are missing out on the cash flooding into the world's fastest- growing region, leading some to close funds or defer ... (Source: BusinessWeek 2010-10-19T02:54:51Z)

American visits Iran blast site under freedom deal

An Iranian-American businessman freed after more than two years in Tehran's main prison visited survivors of a deadly 2008 mosque bombing as a condition of his release in a scripted event that could carry propaganda value at home. Iranian authorities did ... (Source: AP - msnbc.com 2010-10-18T06:02:09Z)

Northeast Utilities and Nstar to create New England's biggest utility with $4.17 billion deal

NEW YORK (AP) — Northeast Utilities will buy Nstar for $4.17 billion, forming the biggest New England utility company with 3.5 million electric and gas customers in three states. The companies and industry analysts expect some of the savings from the ... (Source: Chicago Tribune 2010-10-18T19:31:02Z)

Lions lose to Giants for 24th consecutive road defeat

EAST RUTHERFORD, N.J. — The Lions lost another game — and another quarterback. Backup Shaun Hill , making his fifth straight start in place of Matthew Stafford, suffered a fractured left non-throwing arm late in the first half of a 28-20 loss. Backup ... (Source: Detroit Free Press 2010-10-18T09:44:03Z)

German integration debate heats up after Merkel declares multicultural society failed

BERLIN - Chancellor Angela Merkel's declaration that Germany's attempts to build a multicultural society had "utterly failed" is feeding a growing debate over how to deal with the millions of foreigners who call the country home. Merkel told a meeting of ... (Source: Minneapolis Star Tribune 2010-10-17T16:18:57Z)

Eli throws two TDs as Giants escape Lions

EAST RUTHERFORD, N.J. (AP) — It wasn't pretty. It wasn't impressive. And it certainly wasn't a blowout like a week ago. The New York Giants simply found a way to keep winning Sunday, and the error-prone and road-awful Detroit Lions helped them ... (Source: Register Citizen 2010-10-19T04:35:04Z)

Northeast in $4.3 Billion Stock Deal for NStar

8:31 a.m. | Updated Northeast Utilities said on Monday that it had agreed to acquire NStar for $4.3 billion in stock in a merger that would create one of the biggest power utility companies in the country. The deal is among the largest utility mergers this ... (Source: New York Times Blogs 2010-10-18T15:34:49Z)

Released American visits Iran blast victims

An Iranian-American businessman freed after more than two years in an Iranian prison met on Monday with survivors of a deadly 2008 mosque bombing, fulfilling a condition of his release in a scripted event that could carry propaganda value at home. The 71 ... (Source: AP - msnbc.com 2010-10-18T18:19:27Z)

Event marking trail deal with Sandcastle set for today

Allegheny County Executive Dan Onorato will host a ceremony today marking the agreements that clear the way for completion of the 150-mile Great Allegheny Passage trail. The county has reached agreement with Sandcastle Waterpark and CSX Railroad for ... (Source: Pittsburgh Post-Gazette 2010-10-19T04:49:23Z)

Ex-Countrywide executives settle with SEC, avoid trial

LOS ANGELES -- Angelo Mozilo, who presided over the spectacular rise and devastating fall of Countrywide Financial, struck a deal Friday to avoid going to trial next week on accusations of investor fraud and insider trading. The 71-year-old Mozilo and two ... (Source: San Jose Mercury News 2010-10-16T03:48:31Z)

BHP Faces Pressure to Win Potash After Rio Plan Fails

(Updates with shares in fifth paragraph.) Oct. 19 (Bloomberg) -- BHP Billiton Ltd. Chief Executive Officer Marius Kloppers faces greater pressure to win a hostile $40 billion bid for Potash Corp. of Saskatchewan Inc. after scrapping his second deal with ... (Source: BusinessWeek 2010-10-18T23:55:53Z)

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