Dell 1Q Results: PC Bellwether, HP Barometer?
Shares of Dell (Nasdaq: DELL), the No. 3 PC maker, rose nearly 2 percent Tuesday, in advance of the company?s report of first-quarter results.
High Tech Vietnam: IBM Opens Da Nang Office
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, said it opened a new center in Da Nang, Vietnam, its third center in the Southeast Asian country.
Facebook Shares Recover After 9% Plunge But Fall Again
Shares of Facebook (Nasdaq: FB), the No. 1 social network, kept falling Tuesday, three business days after its $16,7 billion initial public offering.
Ex-Yahoo CEO Quits Splunk Board In Last Resignation As Yahoo Sets China Deal
Former CEO of Yahoo (Nasdaq: YHOO), the No. 3 search engine Scott Thompson resigned as a director of Spunk (Nasdaq: SPLK), a week after quitting his job at Yahoo.
Facebook Shares Plunge As Much As 13% In Monday Trades
Shares of Facebook (Nasdaq: FB), the No. 1 social network, plunged more than 13 percent when markets opened Monday, lowering the company?s value by about $8 billion.
Facebook IPO: Now That You Own Shares, 3 Key Signs To Look For
Shareholders of Facebook (Nasdaq: FB), the No. 1 social network, are set to get the shares Tuesday, following Friday?s tumultuous first sales after the $16 billion initial public offering.
Technology Focus: Facebook IPO Boosts Its Cash; Now What?
One value of going public for any company is to raise cash as well as mint new shares for acquisitions. Facebook (Nasdaq: FB)?s $16 billion initial public offering was no exception.
Facebook?s Beneficiaries: Bono, Li, Zynga And LinkedIn CEOs
It?s not just Mark Zuckerberg whose shares of Facebook (Nasdaq: FB), the No. 1 social network, became more valuable on Friday. U2's Bono is also smiling.
Facebook IPO: Biggest Tech IPO Ever Soars 10% But Closes With A Whimper
Shares of Facebook (Nasdaq: FB), the No. 1 social network that raised $16 billion in its initial public offering, the biggest in Internet history, soared more than 10 percent but closed up by only a fraction.
Yahoo Shares Bolt On Rumored China Sale
Shares of Yahoo Inc. (Nasdaq: YHOO), the No. 3 search engine, jumped as much as 6 percent in early trading Friday on a rumor it had finally made a deal to sell at least part of its 40-percent stake in China's Alibaba Group (Pink: ALBCF).
Buying Facebook? Consider These Tech Titans That May Be Better Stock Bargains
Investors in Facebook Inc. (Nasdaq: FB), the No. 1 social network, got their first chance on Friday to gauge reaction to its $38-a-share public offering price that initially had valued the company at $104 billion.
Third Point Ups Yahoo Stake To 5.8%; Loeb Allies Now Directors
Yahoo (Nasdaq: YHOO), the No. 3 search engine, now has three new directors from Third Point Capital, the New York hedge fund that boosted its stake in the company.
Facebook Prices IPO Shares At $38; Values Company At Record $104 Billion
Facebook (Nasdaq: FB), the No. 1 social network, raised $16 billion in its initial public offering, the biggest in Internet history, valuing its shares at $38.
HP Could Fire 25,000 In Cost-Cutting Move
Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, were largely unaffected by a report it would fire as many as 25,000 employees as part of cost-cutting measures.
Cuomo Boosts Stature After N.Y. Voters OK School Budget Tax Caps
New York Gov. Andrew Cuomo won a major boost this week after suburban and upstate voters approved 99 percent of their school budgets, most of which adhered to the Democratic governor?s new property tax cap.
Pinterest Gets Japanese Cash, $1.5 B Valuation
Social network and scrapbook website Pinterest said it took in $50 million from Japan?s Rakuten (Tokyo: 4755) empire, which valued the four-year-old company at $1.5 billion.
Agilent Shares Gain After Dako Acquisition
Shares of Agilent Technologies (NYSE: A), the No. 1 U.S. instrument maker, surged on Thursday after the company announced it?s biggest acquisition, the $2.2 billion takeover of Denmark?s Dako.
Cloud Applications: IBM Sets New Products, Services For Enterprises
International Business Machines Corp. (NYSE: IBM) announced a series of initiatives for cloud, or Internet-based computing, to lower costs as well as lure more customers.
Facebook IPO: Why Did Underwriters Boost Its Value?
A day before Facebook (Nasdaq: FB), the No. 1 social network holds its initial public offering, its 33 underwriters boosted the number of shares for sale by 25 percent, potentially valuing the deal as high as $19 billion.
Micron Shares Surge On Apple Japan Orders
Shares of Micron Technology (Nasdaq: MU), the only U.S. maker of memory chips, jumped as much as 9 percent Thursday on a report that Apple (Nasdaq: AAPL), the world's most valuable technology company, had placed a huge order in Japan.
Facebook Acquiring Lightbox.com Staff, Technology
Facebook (Nasdaq: FB), the No. 1 social network, said it?s acquiring the staff and technology of startup Lightbox.com, developer of a photo app for mobile surfaces.
First Facebook Trade At $38? Not If History Has A Vote
Facebook (Nasdaq: FB), the No. 1 social network, has decided to pitch its initial public offering of 421 million shares at $38, which could raise as much as $18.1 billion, assuming ?over-allotment options.
Huge Demand Prompts Facebook To Sell More Shares In IPO
Surging demand for shares of Facebook (Nasdaq: FB), the No. 1 social network, prompted the company to again boost the number of share for sale in its initial public offering.
New York School Budget Votes Could Send Tax Revolt Clue, Weigh Cuomo Popularity
New York?s suburban and upstate voters Tuesday are determining the future of their property tax rates and could also weigh on the standing of Democratic Gov. Andrew Cuomo.
IPhone Upgrade: Analysts Dispute Supply Chain Data
Apple (Nasdaq: AAPL), the world's most valuable technology company, sold more than 35 million iPhones in its most recent quarter, through its retail network and mobile carriers.
Personal Stays Personal: L.I. Assemblywoman?s Estranged Husband Drops Out
Nassau County Republicans are going to have try again: Mark Schimel, estranged husband of Assemblywoman Michelle Schimel, a three-term Democrat, has declined the Republican nomination to oppose her.
Tech Risks? Disasters, Failure To Innovate Rank High: BDO Survey
In 1999, Andrew Grove, then Chairman of Intel (Nasdaq: INTC), the No. 1 chipmaker, published a bestseller, ?Only the Paranoid Survive.?
Facebook?s IPO: Shares Upped, Value Could Be $104 Billion
Facebook (Nasdaq: FB), the No. 1 social network, announced that it would increase the number of shares in its initial public offering, price them higher and value the company at as much as $104 billion.
The Personal Gets Political On Long Island: It?s Schimel Vs. Schimel
For months in Great Neck, the leafy Nassau County, N.Y., suburb rocked last year by the revelation of cheating on SAT exams in its high schools masterminded by Samuel Eshaghoff whose mother was library president, there had been rumors of marital troubles between Assemblywoman Michelle Schimel and her husband Mark.
LightSquared, Falcone?s Wireless Bet, Collapses Into Bankruptcy
LightSquared Inc., hedge-fund manager Philip Falcone?s national wireless venture, collapsed Monday and filed for protection in U.S. Bankruptcy Court in New York.