Chinese online giant Alibaba will open a data center in Silicon Valley, it said Wednesday, challenging US rival Amazon in the field of cloud computing.
Two years after his ouster as Groupon's CEO, Andrew Mason is embarking on a new entrepreneurial journey selling unconventional audio tours of major cities on a new iPhone app called Detour.
The JOBS Act is doing its job and getting more startups to go public, according to a new study from the University at Buffalo School of Management.
Cloud storage startup Box soared in its Wall Street debut Friday after a public share offering, pushing its market value to $2.7 billion.
Online storage provider Box has wrapped up its long-delayed IPO at $14 per share, setting up a test of investors' appetite for a rapidly growing technology company that hasn't proven it can make money.
Nearly 10 months after Box filed for an initial public offering, the company is finally ready to make its public debut.
Grocery delivery startup Instacart has raised a bumper crop of $210 million from investors.
Alibaba's financial results in its first quarter as a publicly traded company highlight its strategy of plowing its profit back into investments, particularly in mobile commerce and marketing.
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.
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 ...