Business Tech

Oracle Income Up, Shares Down

Oracle on Tuesday said its fiscal third-quarter net income rose 2 percent, but investors wanted more growth and the company's stock fell in late trading.


Chinese e-Commerce Giant Alibaba Gears for IPO in U.S.

Chinese e-commerce giant Alibaba Group said Sunday that it will go public on a U.S. stock exchange in a move analysts say might raise up to $15 billion in the year's biggest initial public offering.


Target Breach: Red Flags Went Unheeded

Target might have prevented the theft of payment card information from 40 million of its customers if it had acted on information it got from the cybersecurity firm it hired to monitor its systems.


Amazon Prime Fee Jacked up to $99

Amazon Prime will bump up its membership fee by $20 starting April 17 -- the first increase in nine years.


Renaissance Learning to Fetch $1.1 Billion

Private equity firm Hellman & Friedman is acquiring Renaissance Learning for $1.1 billion.


'Candy Crush' Maker Files IPO

King, maker of the hit game Candy Crush Saga, King, has reportedly filed for a U.S. initial public offering to raise $532.8 million.


Mt. Gox Files for Bankruptcy in U.S.

Once the largest bitcoin exchange in the world, Mt. Gox has filed for bankruptcy protection.


Spotify Picking up Echo Nest

Spotify is acquiring music intelligence company The Echo Nest, which says it will continue to keep its API open and free.


Target CIO Resigns in Wake of Data Breach

Target's chief information officer is resigning as the retail giant overhauls its information security and compliance amid investigations into a damaging data breach late last year.


Silicon Valley Biotech IPOs Stay White Hot

Long ignored in favor of enterprise software, social networking and other sexy Internet technologies, biotech has roared back in the past year.


RF Micro, TriQuint Combining in $1.56 Billion Deal

Chip maker RF Micro Devices and TriQuint Semiconductor are combining in an all-stock deal valued at about $1.56 billion.


WhatsApp Is 'Put up or Shut up' Time for Facebook

Facebook's $19 billion deal for mobile message application WhatsApp is a 'go big or go home' moment for Mark Zuckerberg's social media mainstay.


Is Apple-Tesla Partnership in the Works?

Rumors of a partnership between Apple and Tesla has intensified in recent days based, though no one's been pinned down on anything.


Qualcomm, InterDigital Under the Gun in China

Chinese regulators are investigating whether U.S. technology companies Qualcomm and InterDigital violated anti-monopoly law by charging excessive fees for patent licenses.


'Candy Crush' Maker Plans IPO

King Digital Entertainment, the Irish maker of the blockbuster mobile game "Candy Crush Saga," hopes to raise as much as $500 million in an initial public offering.


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