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Blackboard to be taken private in $1.64B deal

(AP) -- Educational software maker Blackboard is being taken private for $1.64 billion in cash by an investor group led by affiliates of Providence Equity Partners.

Mobile pay start-up Square valued at $1 bln: report

A group of investors plan to buy a stake in Square that would value the mobile payment start-up at $1 billion even as it competes with much larger rivals, the Wall Street Journal reported Wednesday.

Facebook sells $6.6 million in shares to fund

Facebook has sold about $6.6 million worth of its shares to the investment fund GSV Capital Corp. as the company is believed to be preparing for an initial public offering next year.

Smaller companies hit hardest during emerging market crises

A study of the reaction by the United States stock market to international financial crises shows that small companies are often hit hardest, and the impact is above and beyond what would be expected given their exposure ...

Pandora sings happy tune: IPO fetches $16 a share

(AP) -- Pandora Media Inc. sold its initial public offering of stock at $16 per share late Tuesday, fetching twice as much as the popular but unprofitable Internet radio service expected less than two weeks ago.

Fusion-io shares jump in market debut

(AP) -- Shares of Fusion-io, a maker of fast, chip-based "hard drives" for servers, are climbing in their market debut after the initial public offering priced above expectations.

Coupons.com gets $200M investment

(AP) -- Digital coupon provider Coupons.com Inc. has received $200 million from undisclosed institutional investors, making it the latest Internet company to attract significant attention from the investor community.

Alibaba CEO: Yahoo knew of plan to divest pay unit

(AP) -- The head of the Chinese Internet company that has become tangled in a boardroom battle with major stakeholder Yahoo Inc. said his decision to split off a key online payment service into a separate entity controlled ...

LinkedIn opens Asia headquarters in Singapore

Career networking website LinkedIn opened its Asian headquarters in Singapore on Tuesday, part of a plan to tap the region's large pool of professionals.

China grants Alibaba payment system license

(AP) -- An online payment system founded by Chinese e-commerce giant Alibaba Group was granted a government license, the company said Thursday, following an ownership change that rattled investors in partner Yahoo Inc.

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