Related topics: facebook · google · initial public offering

Facebook secures $8 bn ahead of public offer

Facebook has secured $8 billion ahead of the social network's eagerly-anticipated initial public offering (IPO), according to documents provided to US regulators.

Anonymous, WikiLeaks team up

Anonymous defended WikiLeaks when it was facing a funding cutoff, but the release of the Stratfor emails appears to be the first direct collaboration between the hackers and the anti-secrecy site.

NJ programmer freed as NY court orders acquittal

(AP) -- A smiling former Goldman Sachs computer programmer was freed from prison Friday after a surprise ruling from a federal appeals court reversed his conviction on charges he stole computer code.

Groupon testing out VIP program

Groupon Inc. is testing a new program called Groupon VIP, the Chicago-based daily deals company's first foray into a paid product for subscribers.

Apple chief says factory labor under scrutiny

Apple chief executive Tim Cook said Tuesday that ensuring safe working conditions at plants making its coveted gadgets is a priority, as an audit of a key supplier continued in China.

Hedge fund share restrictions favor managers over investors

Armed with insider knowledge, managers of share-restricted hedge funds sell off their own holdings ahead of their investors in order to avoid low returns produced by an outflow of shareholder dollars, according to a new study ...

Online review site Yelp planning IPO: WSJ

Yelp is moving ahead with an initial public offering that would value the website which posts user reviews of businesses and services at $2 billion, The Wall Street Journal reported on Tuesday.

Time Warner bids 1B euros to acquire Endemol

(AP) -- Time Warner Inc. has made an unsolicited bid to acquire Endemol, the Dutch entertainment giant behind hit reality TV shows like "Big Brother" and "Deal or No Deal."

Report: H-P bolsters defenses, hires Goldman Sachs

(AP) -- Hewlett-Packard is beefing up its defenses in an effort to fend off activist investors who, with enough shares, could demand drastic changes at the company, according to a published report.

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