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Shareholders vote to take China's Alibaba unit private

Minority shareholders of Alibaba.com on Friday voted in favour of a proposal by its parent Alibaba Group Holding to take the Hong Kong-listed online trading unit private, the company said.

Technology / Business

created May 25, 2012 | popularity 4 / 5 (1) | comments 0

With Apple in, Dow would have set record long ago

(AP) -- Apple is the world's most valuable company. The Dow Jones industrial average is probably the world's best-known stock index. So don't they deserve each other?

Technology / Business

created May 10, 2012 | popularity 2 / 5 (4) | comments 0

The wisdom of retail traders: Study shows retail investors can predict future stock returns

A forthcoming paper in the Journal of Finance by Professor Paul Tetlock, Roger F. Murray Associate Professor of Finance at Columbia Business School, and Eric Kelley, Assistant Professor, Finance, the Eller College of Man ...

Other Sciences / Economics & Business

created Apr 25, 2012 | popularity not rated yet | comments 0

India's Wipro Q4 profit up 7.7% but forecast muted

India's third-largest software company Wipro on Wednesday posted a 7.7 percent year-on-year rise in net profit for the January-March period, but gave a muted forecast that sent its shares tumbling.

Technology / Business

created Apr 25, 2012 | popularity not rated yet | comments 0

India's TCS quarterly profit leaps 23%

India's biggest outsourcing firm TCS reported Monday net profit jumped 23 percent in the three months to March, beating market forecasts as US and European customers boosted orders.

Technology / Business

created Apr 23, 2012 | popularity not rated yet | comments 0

Dutch high-tech group ASML reports Q1 profits slump

The Dutch company ASML, a supplier of computer chip-making systems and a global high-tech bellwether, posted on Wednesday a 28 percent drop in first-quarter profit owing to weaker demand.

Technology / Business

created Apr 18, 2012 | popularity not rated yet | comments 0

For the stock market, it's all about Apple

(AP) -- For most of the year, Apple has propelled the Nasdaq forward. In the past few days, it's done just the opposite.

Technology / Business

created Apr 16, 2012 | popularity 1.8 / 5 (5) | comments 0

HP shows recovery following PC flip-flop fallout

(AP) -- Hewlett-Packard Co. is showing signs of recovery as it strengthened its position as the world's largest maker of personal computers and gained back some of the business it had lost while weighing ...

Technology / Business

created Apr 12, 2012 | popularity 5 / 5 (1) | comments 0

Hon Hai to hike salaries for Taiwan staff

Taiwan technology giant Hon Hai, which makes gadgets for Apple, said Thursday it would hike salaries for its Taiwan staff as prices on the island soar.

Technology / Business

created Apr 05, 2012 | popularity 1 / 5 (2) | comments 0

Using Twitter to predict financial markets

A University of California, Riverside professor and several other researchers have developed a model that uses data from Twitter to help predict the traded volume and value of a stock the following day.

Technology / Computer Sciences

created Mar 26, 2012 | popularity 4 / 5 (2) | comments 1 | with audio podcast

India's Tech Mahindra announces Satyam merger

India's Tech Mahindra announced its long-awaited buyout of IT outsourcer Satyam Computer on Wednesday, creating a new force in the sector with annual revenue of $2.26 billion.

Technology / Business

created Mar 21, 2012 | popularity 5 / 5 (1) | comments 0

Yahoo! to lay off 'thousands': report

Yahoo! is preparing to lay off thousands of workers in a sweeping restructuring being launched less than three months after CEO Scott Thompson took control, according to a report Monday.

Technology / Business

created Mar 05, 2012 | popularity not rated yet | comments 1

Bazaarvoice, Proto Labs surge in market debuts

(AP) -- A splashy Wall Street debut by Bazaarvoice Inc. and Proto Labs Inc. is the latest sign that investor appetite for initial public offerings has rebounded after a dismal IPO market in 2011.

Technology / Business

created Feb 24, 2012 | popularity not rated yet | comments 0

The emotional oracle effect

A forthcoming article in the Journal of Consumer Research by Professor Michel Tuan Pham, Kravis Professor of Business, Marketing, Columbia Business School; Leonard Lee, Associate Professor, Marketing, Columbia Business School ...

Other Sciences / Social Sciences

created Feb 24, 2012 | popularity 5 / 5 (2) | comments 3

Apple shares close over $500 (Update)

Apple's stock Monday topped $500 for the first time on Wall Street even as a probe started looking into work conditions at a Chinese factory that cranks out the California company's coveted gadgets.

Technology / Business

created Feb 13, 2012 | popularity 2.6 / 5 (5) | comments 0