SAN FRANCISCO - Twitter-like messaging service Weibo Corp filed on Friday to raise $500 million via a U.S. initial public offering, as Chinese companies flock to the American market in record numbers to take advantage of soaring valuations.
Recent Technology News
MEXICO CITY - Tycoon Carlos Slim, under fire from regulators in his home country, has spent the last two years sniffing out deals in Europe to offset an impending regulatory shake-up of Mexican telecoms.
SAN FRANCISCO - UberX on Friday expanded the insurance coverage it offers to ridesharing drivers, a step toward easing U.S. regulators' and lawmakers' concerns and creating broader acceptance of the services.
NEW YORK - Cisco Systems Inc is investigating potential violations of U.S. bribery laws by the company and its resellers in Russia, Eastern Europe and Central Asia, but doesn't expect financial results to be materially affected, it said in a regulatory filing.
NEW DELHI - India's Supreme Court on Friday ordered Nokia to give a 35 billion rupees ($572.5 million) guarantee before it transfers one of its biggest mobile phone plants and other assets in the country to Microsoft Corp.
MOSCOW - Victories are hard to come by for Vladimir Putin's opponents, activists are jailed, protests draw dwindling crowds, but on Friday they celebrated a minor triumph by briefly knocking out the Kremlin website.
- Crimea vote to keep markets on edge
- Fed nominee Fischer: policy decisions are best made early
- Lawsuit kicks off class action claims against GM
- Canadian class-action lawsuit filed against Mt. Gox, Mizuho Bank
- Sears' board approves spinning off Lands' End clothing business
- Wall Street ends lower on jitters over upcoming Crimea vote |
- Sandwich chain Quiznos files for bankruptcy protection
- Tesla chief slams New Jersey for barring direct car sales