23/01/2015

Drone entrepreneur settles US 'reckless flying' case

A European entrepreneur who challenged the right of US authorities to regulate small drones has settled his case with the Federal Aviation Administration (FAA), his lawyer said Thursday.

Box wraps up IPO at $14 per share to raise $175 million

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.

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