Microsoft gets social with China's Renren

Shares in Renren surged Wednesday as the social network seen as China's answer to Facebook made its debut on Wall Street.

Renren, China's most popular social network, filed for an initial public offering in the United States on Friday hoping to raise as much as $583 million.

China's Renren, which started out as a Facebook clone, is eyeing a US listing that could make it the first social networking site to go public, a report said Monday.

China's top online dating site, Jiayuan, is seeking to raise nearly $78 million with an initial public offering on Wall Street on Wednesday.

Microsoft has launched an advertising platform in China in an attempt to grab market share from rival Google, which has been wrangling with Beijing over censorship, state media said Wednesday.

Facebook may be eyeing a move into mainland China, but web firms there cast doubt on whether the social networking giant can tap the monster market -- assuming authorities lift a ban on the site.

A Swede who is in prison for involvement with file-sharing site Pirate Bay has been found guilty of fraud, hacking into Sweden's tax authority and a bank, and the attempted illegal transfer of money between accounts in Europe.

Megaupload founder Kim Dotcom Thursday condemned a Dutch company's decision to delete million of files belonging to users of his defunct website, calling it "the largest data massacre in the history of the ...

As data dragnets and information breaches dominate the news, states are scrambling to cash in on a rapidly expanding business sector by offering tax incentives to firms that protect sensitive information from outside attacks.

YouTube has become the primary music service among young adults, finds a new study by Aalto University. 99% of the respondents to a survey on digital music use listened to YouTube at least sometimes, 35% every day.

A year ago, Julian Assange skipped out on a date with Swedish justice. Rather than comply with a British order that he go to the Scandinavian country for questioning about sex crimes allegations, the WikiLeaks ...

Google on Tuesday sharply challenged the U.S. government's gag order on its Internet surveillance program, citing what it described as a constitutional free speech right to divulge how many requests it receives ...