A whole lot of money. Its Q1 profit jumped a jaw-dropping 69 percent. Online advertising continues to produce pretty much all the profits, and the search giant is positioning itself to keep 'em coming.
Student loan giant Sallie Mae has agreed to a $25 billion buyout. Shareholders still have to approve the deal, but there's already resistance in Washington where lawmakers are concerned about the industry becoming even less transparent.
Online radio stations are facing a hefty hike in the royalties they pay to record labels for streaming music. If a federal copyright panel's ruling stands, it could wipe out smaller companies in one retroactive, fell swoop.