Technology

M&A

Report: 3M Mulling Sale Of $1B Electronics Units

Bloomberg News reported that the Minnesota company is working with Goldman Sachs to sell some of its business units piecemeal.

February 27, 2014

Best Buy store

Best Buy: Profits, Stock Price Climb; 2K Layoffs Planned

Best Buy swung to a profit in its fourth quarter but is reportedly planning to cut up to 2,000 managers across the country.

February 27, 2014

Target store

Canada Woes Hurt Target’s Profits More Than Data Breach

Target’s profits fell 46 percent in the fourth quarter, dropping from $1.47 per share to $0.81 per share; Target attributed $0.40 of the loss to its Canadian segment and $0.02 per share to the data breach.

February 26, 2014

Minnesota’s Attorney General Lori Swanson

MN AG Urges Congress To Take Aim At “Patent Trolls”

Attorneys general from 42 states, including Minnesota, are advocating for patent reforms that they say would protect businesses from the threat of unnecessary litigation.

February 26, 2014

Banks file first Minnesota lawsuits against Target over data breach

A group of five southern Minnesota banks is suing Target to recover costs associated with the data breach at the Minneapolis-based retailer. Similar lawsuits have been filed by banks around the...

February 24, 2014

White House group

White House Recognizes Mpls. Lawyers' Pro Bono Program

A program that was born in Minnesota and provides pro bono legal services to lower-income inventors was highlighted as the president outlined new patent reforms.

February 24, 2014

3M headquarters

3M Buys Fast-Growing Health Care Data Firm

3M said its planned acquisition of Treo Solutions will benefit its health information systems business, which provides software and consulting services to health care clients.

February 21, 2014

Optum Acquires Majority Stake In Emerging Med-Tech Co.

Optum Health hopes to expand the breadth of Audax’s digital platform and said that Audax’s leadership team, which is helmed by a 24-year-old CEO, will remain intact.

February 20, 2014

Pop It

Target Taps Into Gaming With 6 Planned Mobile Apps

For the second time, Target has launched a mobile app game that showcases products that it sells in its stores. The company said it plans to launch six more this year.

February 19, 2014

Snap Agency

Digital Mktg. Agency May Revive Atomic Playpen Brand

Snap Agency has bought all remaining assets from Atomic Playpen, which went out of business.

February 18, 2014

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