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BlackRock Leads $300 Million Financing Round for South Korean Online Retailer

December 10th, 2014 (0)
BlackRock Inc. is adding its name to a roster of high-profile investors betting on Asia’s fast-growing technology startups by leading a $300 million financing round for South Korean online retailer Coupang that will value the company at more than ...

Stocks to Watch: Cubist Pharma, McDonald’s, American Airlines

December 8th, 2014 (0)
Among the companies with shares expected to actively trade in Monday’s session are Cubist Pharmaceuticals Inc., McDonald’s Corp. and American Airlines Group Inc. Merck & Co. agreed to buy antibiotics maker Cubist Pharmaceuticals for $8.4 billion. The deal, which ...

U.S. Shares Rise With Dollar as Oil Surges Amid Data

December 3rd, 2014 (0)
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...

Apple in the Dock: $1 Billion Antitrust Claim Casts Steve Jobs as Conspirator

December 2nd, 2014 (0)
In 2005, Mariah Carey had the number one single, “Grey’s Anatomy” was among the hottest shows on television, and Steve Jobs, and Apple Inc.’s iPod, were king. Customers of rival music players marred this shiny prospect for Apple and ...

How Facebook just blew a great quarter

October 29th, 2014 (0)
Investors are up by a huge amount from Facebook’s lows Even before Facebook (FB) investors could start celebrating a strong quarter of earnings growth, the company cooled off the party. During the conference call, the company’s Chief Financial Officer ...

Amazon to face EU investigation over Luxembourg tax deal

October 7th, 2014 (0)
The European Commission is set to begin a formal probe into allegations that Luxembourg allowed Amazon.com Inc to benefit illegally from state subsidies for its European operations for almost 10 years, the Financial Times reported on Monday. The investigation ...

Alibaba raises IPO as demand strengthens

September 16th, 2014 (0)
Alibaba Group Holdings has raised its initial public offering to $66 to $68, demonstrating the high demand from investors for the year’s most anticipated debut and potentially the world’s largest-ever IPO. Alibaba has attracted investors willing to buy into ...

Investors are sizing up the value of Alibaba IPO

September 11th, 2014 (0)
he New York debut of Alibaba shares later this month will likely place the company among the 10 most valuable technology firms traded in the U.S. Whether China’s No. 1 e-commerce firm lands in the top five will depend ...

Amazon snaps up live video startup Twitch for $970 million

August 26th, 2014 (0)
Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos’ resolve to transform Amazon into an Internet destination beyond its core retail operations. The move, announced by the ...

Microsoft Cloud Service Azure Experienced Global Outage

August 19th, 2014 (0)
Microsoft Corp. (MSFT)’s Azure cloud-computing service, a critical part of Chief Executive Officer Satya Nadella’s plan to remake the software company, experienced a major global outage yesterday that lasted for around five hours. Azure, which lets businesses access computing ...
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