Japanese messaging app Line's initial public offering has raised more than $1.1 billion despite a lukewarm IPO market.
Japan-based messaging app Line said Monday it could raise more than $1.0 billion in one of the year's biggest share sales, as it makes its market debut this week.
A founder of Israeli software company Amdocs has been named chairman of the board of Israeli startup FST Biometrics.
Twitter said Monday it was acquiring British-based artificial intelligence startup Magic Pony to bolster its capacity for analysis of visual content.
A Silicon Valley entrepreneur said Monday he has begun working on a new kind of stock exchange which he says is better adapted to the fast-moving world of tech startups.
US cybersecurity leader Symantec will expand its web security capabilities and get a new chief executive with the $4.65 billion purchase of Blue Coat Inc.
Messaging app Line said Friday it will make its stock market debut in Tokyo and New York next month, as it looks to expand on booming popularity among smartphone users in Asia.
Dutch electronics giant Philips set a price of 20 euros per share Thursday, a day ahead of a highly anticipated IPO of its lighting arm, and said it was expecting to raise 750 million euros.
Dutch electronics giant Philips announced Monday it will float 25 percent of its shares in a highly anticipated IPO of its lighting arm which could raise almost one billion euros.
Dutch electronics giant Philips announced Tuesday it was floating its lighting arm on the stock market in a "historic" initial public offering, after failing for over 18 months to find a buyer.