Tesla's Musk defends comments made during conference call

Tesla CEO Elon Musk is going on the defensive Friday in a series of tweets, saying the people he shut down during a contentious conference call were analysts who believe investors could profit by betting that the company's ...

China's Xiaomi submits HK filing, with big IPO expected

Chinese smartphone maker Xiaomi has kicked off what is expected to be the world's biggest initial public offering (IPO) of shares in years after it filed documents with Hong Kong's stock exchange.

Baidu net profit jumps after video unit spin-off

China search engine giant Baidu on Friday reported net profit nearly tripled in the first quarter after spinning off its video unit as part of a corporate reorientation toward artificial intelligence (AI).

Dropbox raises price range ahead of stock debut

Cloud data service Dropbox defied recent volatility among technology shares and raised its expected stock price range ahead of this week's initial public offering, suggesting strong appetite among investors.

Spotify to go public on April 3

Spotify will go public on April 3 as the world's largest streaming company lists on the New York Stock Exchange.

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