News tagged with initial public offering

Apple, Xiaomi trade smartphone barbs in China

Top executives from US technology giant Apple and Chinese smartphone upstart Xiaomi traded light-hearted barbs on Thursday at a Chinese Internet conference, acknowledging the fierce competition between the rivals.

dateNov 20, 2014 in Business
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Facebook's advertising revenue soars in 3Q

Facebook grew its advertising revenue by 64 percent in the third quarter, helped by a boost in mobile ads that are becoming an increasingly large chunk of the social networking giant's overall advertising business.

dateOct 28, 2014 in Business
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Out-of-patience investors sell off Amazon

Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded ...

dateOct 24, 2014 in Business
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Facebook sues law firms, claims fraud

Facebook is suing several law firms that represented a man who claimed he owned half of the social network and was entitled to billions of dollars from the company and its CEO Mark Zuckerberg.

dateOct 20, 2014 in Business
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