cofounder

<h1>SpiceJet Ownership Transfer to Co-founder Ajay Singh</h1> Troubled carrier SpiceJet Ltd (SPJT.BO) said its board has approved selling shares worth up to 15 billion rupees ($242.6 million) in the company, following a deal between its current majority owner and a co-founder leading a rescue...

Microsoft co-founder Paul Allen is suing Apple and Google and 9 other companies for patent infringement. Allen claims the 11 companies are using technology for which he owns patents, according to court documents filed in a Seattle district court Friday. The papers were filed by Allen's...

After exasperating investors for most of the past 18 months, Yahoo Inc. Chairman Terry Semel finally found a way to please Wall Street by stepping aside as chief executive. Semel's capitulation, announced late Monday, came less than a week after he faced off with shareholders disillusioned with...