San Francisco payments company Square has raised $100 million from investors, and may be on track to double that.
China's Alibaba will star on Wall Street with its upcoming stock offering, but US-based Yahoo also gets a windfall, which may help the turnaround efforts of the fading Internet pioneer.
China's Alibaba Group is seeking to raise up to $24.3 billion in its upcoming IPO—an amount that would be the most raised by a company in a stock market debut.
Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.
The Federal Reserve on Tuesday warned that some high-flying technology firms may be overvalued, but rejected the idea of a stock market bubble.
It has no assets, no revenues and no business plan to speak of. But a company called Cynk Technology has seen its value soar as high as $4.7 billion.
BlackBerry is selling its research and development department in Germany to Volkswagen Infotainment, a subsidiary of the automaker that makes interactive technology for vehicle dashboards.
South Korea's top messaging service provider, Kakao Corp., and its second largest Internet portal, Daum, announced a merger Monday to create one of the country's largest IT companies worth around $3 billion.
If Yahoo appears back in favor, it can thank Alibaba, the Chinese Web giant in which it holds a big stake and which is set for a public stock offering.
Failed Bitcoin exchange MtGox says it has found 200,000 coins worth $116 million in an old "digital wallet", after it collapsed in February admitting it had lost half a billion dollars in a possible theft.