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Alibaba in Talks to Invest in Snapchat

July 31st, 2014 (2)
Snapchat Inc. has held preliminary talks with Chinese e-commerce giant Alibaba Group Holdings Ltd. to raise a new round of financing that could value the mobile-messaging startup at about $10 billion, according to people familiar with the matter. The ...

Amazon to invest $2 billion more in India

July 30th, 2014 (0)
Amazon.com Inc (AMZN.O)  announced that is planning to invest a further $2 billion in India just a day after the country’s largest e-tailer Flipkart attracted $1 billion of fresh funds, raising the stakes in a nascent but fast-growing e-commerce ...

Russian Billionaires Have Lost More Than $14B Since January

July 23rd, 2014 (0)
Russia’s wealthiest have lost billions of dollars since the beginning of the year, as Western sanctions against the country over its involvement in Ukraine continue tightening their grip over the weak economy. Russia’s 19 billionaires have lost $14.5 billion ...

European Stocks Advance With Asia as Gold, Oil Retreat

July 14th, 2014 (0)
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...

Alibaba’s Behemoth IPO Making Few Ripples in Washington

July 11th, 2014 (0)
Alibaba Group Holding Ltd. (BABA)’s proposal for what could be the largest initial stock offering in U.S. history is sailing through Washington with few bumps. While a federal commission has warned that the offering by the world’s biggest Internet ...

Hackers to Sell Stolen Credit Cards on Youtube

June 17th, 2014 (0)
A review of content on Google Inc. (GOOG)’s YouTube service turned up dozens of videos selling stolen credit card data, according to an Internet-safety research group trying to shed more light on an $18 billion illicit industry. The group, ...

EU to Decide Next Week on Irish, Dutch Tax-Breaks Probe

June 6th, 2014 (0)
The European Union may open a formal probe as soon as next week into tax breaks that Ireland and the Netherlands use to attract international companies, according to people familiar with the case. The European Commission is scheduled to ...

Nasdaq Nears 13-Year High as Technology Goes From Hated to Loved

May 28th, 2014 (0)
Technology stocks are back. A four-day rally in the Nasdaq 100 Index has pulled the gauge within 0.1 percent from erasing a 7.5 percent selloff from earlier this year. Exchange-traded funds that buy computer and software shares absorbed $1.1 ...

Code red: Stocks tank on Wall Street

April 11th, 2014 (0)
Investors might have used Wednesday’s rally as a chance to rest up so they could get back to what they’ve been doing best lately: selling. The Nasdaq lead the carnage today with a 3.1% loss. It’s fairly uncommon for ...

Apple, Nestle, NBCUniversal, Netflix: Intellectual Property

April 7th, 2014 (0)
Apple Inc. (AAPL), accusing Samsung Electronics Co. (005930) of misleading jurors at the start of a $2 billion trial over smartphone technology, lost its bid to show jurors how it uses three of five patents disputed in the case. ...
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