- 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.
Recent Technology News
- 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.
WASHINGTON - U.S. securities regulators have unveiled a road map that lays out how they plan to make sure Wall Street firms are prepared to detect and prevent cyber security attacks.
- The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario. Instead, there are hot sports cars in the streets and new companies filling the refurbished office buildings. | Video
SAN FRANCISCO - Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices.
- IBM Corp, the world's biggest technology services company, reported its lowest quarterly revenue in five years on Wednesday, as Big Blue struggles with falling demand for its hardware and faces challenges in growth markets like China.
- Asian stocks struggle higher, lack conviction
- Leash on expenses helps AmEx counter muted user spending
- Wall Street gains on Yellen comments and Yahoo; BofA falls |
- Weak U.S. prices, not inflation, the threat now: Fed's Yellen |
- U.S. industry shows some vigor, but housing soft
- Jeep exec says will have deal for China production by end April
- GM to seek court protection against ignition lawsuits
- Bank of America's financial crisis costs become a recurring nightmare