eSpeed News

Tech giant Yahoo! seems to stumble from crisis to crisis, but the news breaking this month that their CEO Scott Thompson had lied on his resume perhaps tops the list.

The vast majority of the real estate professionals and nearly all the transactional brokers that were working in the Manhattan office of commercial real estate firm Grubb & Ellis in the months before BGC Partners merged it into Newmark Grubb Knight Frank have not gone to Newmark, an analysis by The Real Deal shows .

Barry Diller's Internet holding company IAC/InterActive Corp reported better-than-expected first-quarter revenue and profit bolstered by its search and dating businesses.

Microsoft Corp will invest $300 million in Barnes & Noble Inc 's Nook e-reader, gaining a foothold in the fast-growing e-books market as the bookseller gets more firepower to compete against Amazon.com's Kindle and Apple Inc's iPad .

New York-based BGC Partners L.P. closed on its acquisition of Grubb & Ellis Co. within the past week -- but not before Grubb lost several brokers to Voit Real Estate Services here.

EBay Inc., the world's largest Internet marketplace, reported sales and profit that topped analysts' estimates, led by growth in its PayPal online-payments business.

Commercial real estate firm Grubb & Ellis Co. - which filed for Chapter 11 bankruptcy protection in February - is now Newmark Grubb Knight Frank.

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BGC Partners Inc. announced late Friday that it has closed its acquisition of Grubb & Ellis Co., following approval by the bankruptcy court, and will integrate the firm with BGC's Newmark Knight Frank to form Newmark Grubb Knight Frank.