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Weibo valued at $3.46 billion after bottom-end IPO pricing

- China's Weibo Corp will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq on Thursday, amidst concerns about the microblogging service's slowing user growth and the country's highly censored media environment.

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Wal-Mart to unveil new service with electronic payments provider

NEW YORK - Wal-Mart Stores Inc said on Wednesday that it will announce a new service with electronic payments provider Euronet Worldwide Inc on Thursday, but gave no other details.

16 Apr 2014

Taiwan's TSMC books eighth straight quarterly profit growth

TAIPEI - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) reported its 8th straight quarter of profit growth, as the world's largest contract chip maker booked wider profit margins following a boost in demand from mobile device manufacturers.

Media 2:19am EDT

German Amazon workers called out on strike again

FRANKFURT - German labor union Verdi has called on workers at online retailer Amazon in Germany to go on strike on Thursday as a long-running pay dispute continues.

2:28am EDT

Google, IBM results raise questions about other tech-sector companies

SAN FRANCISCO - Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks.

Media 16 Apr 2014

Mayer aims to persuade Apple to choose Yahoo over Google: Re/code

- Yahoo Inc's Chief Executive Marissa Mayer is working on a plan to persuade Apple Inc to ditch Google as its default search engine in favor of Yahoo, technology news site Re/code reported, citing sources within Yahoo.

iPad, Media 16 Apr 2014

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