Related topics: silicon valley

OECD says IT sector resisting economic crisis

The information and communication technology (ICT) sector has resisted the economic crisis and is becoming a key infrastructure for the world's economy, the OECD said Thursday.

Finnish app maker says 'Angry Birds' IPO in late 2013

Rovio, the Finnish makers of the world's most-downloaded mobile app "Angry Birds", will seek a stock market listing by the end of 2013, chief financial officer Mikko Setala said in an interview published Thursday.

High-tech start-ups benefit from Twitter hype

The short message service Twitter has played a prominent role in US politics in recent weeks and months and attracted a lot of attention. Even in business, Twitter users' tweets are being closely followed and used as a basis ...

Uber raises $1.2 billion, valued at $40 billion

(AP)—Uber raised $1.2 billion in its latest round of funding from venture capitalists, a sign investors were little fazed by the ride-hailing app's recent spate of bad publicity over privacy violations and its corporate ...

US venture investments highest since 2001 (Update)

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.

Venture-cap investments climb 53 pct in 2Q

(AP) -- Venture capitalists funneled more money into U.S. startups in the second quarter, indicating continuing confidence that the economy is on the mend.

Google memo completely misses how implicit biases harm women

Workplace biases are back in the national conversation, thanks to the recent memo by a Google employee. The memo's author challenges the company's diversity policies, arguing that psychological differences between men and ...

Changing CEO before IPO may raise valuation

New research from Rice University's Jones Graduate School of Business shows that a change in leadership before a startup's initial public offering (IPO) can increase its valuation and performance.

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