Related topics: stock · initial public offering · ceo · facebook · google

LivingSocial seeks $400 million in funding

(AP) -- LivingSocial, the No. 2 online deals site behind Groupon, plans to raise $400 million in a private offering that will likely give it a cushion to put off an initial public offering.

Netflix seeks to raise at least $400 million

Netflix raised $400 million Monday as the video subscription service tries to recover from a customer backlash that has battered its stock and tarnished its brand.

Angie's List stock rises in first trading day

(AP) -- The stock of consumer-reviews site Angie's List Inc. increased 16 percent on its first day of trading Thursday, showing ongoing investor appetite for Internet companies.

Nearly half of hedge funds' voluntary disclosures are 'unreliable'

(PhysOrg.com) -- New research by Oxford University and Duke University suggests that voluntary disclosures by hedge funds about their monthly investment performance are unreliable. The researchers tracked changes to statements ...

BlackBerrys buzz back to life after long outage (Update)

BlackBerrys across the world buzzed back to life Thursday, leaving customers outraged and threatening to cost the granddaddy of all smartphones more business when it's already struggling to keep up in a crowded marketplace.

Sprint down after testy meeting with analysts

(AP) -- The struggling wireless carrier Sprint Nextel Corp. said Friday that it will need to raise more money to build a higher-speed data network even as it must spend more to subsidize sales of the new iPhone to its customers.

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