Apple stock breaks $500 level, continuing rally

(AP) -- Apple's stock broke above $500 for the first time Monday. It was the latest step in a rally that began more than two weeks ago, when the company reported staggering sales and profits for the holiday quarter.

Investors clamor for Facebook's IPO

Wall Street is about to get Facebook fever. The social networking giant with nearly 1 billion users is expected to file papers any day now to sell stock to the public. The timing stems partly from federal rules that would ...

Apple briefly passes Exxon as most valuable co.

(AP) -- Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

Venture capital investments up 19 percent in 4Q

(AP) -- Funding for startups rose 19 percent in the fourth quarter as venture capitalists fueled money into more companies in the Internet, clean technology and other sectors.

Samsung Group to invest record $41.56 bln this year

South Korea's Samsung Group announced it would invest a record 47.8 trillion won ($41.56 billion) this year and hire an all-time high of 26,000 new employees despite global economic gloom.

Sony quits organic-screen TV business

Sony Corp. has discontinued production of TV sets with organic electroluminescence (EL) display panels, widely seen as the mainstream panel to be used in next-generation flat-screen TVs, it was learned Saturday.

Cult video gaming firm closer to IPO

Leading video game hardware company Razer has secured $50 million from a Beijing-based venture capital fund that takes it potentially closer to a public listing, the company said Wednesday.

Investors give 'Farmville' maker a cold shoulder

(AP) -- As its workers celebrated with hot chocolate and cinnamon buns, Zynga saw its stock dinged on its first day of trading Friday - an unexpected turn of events for a closely watched public debut seen as a precursor ...

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