Colourful internet identity Kim Dotcom is forging ahead with plans to launch his new Mega file storage website on the Australian or New Zealand stock markets. The German-born internet entrepreneur, who faces possible extradition to the US ...
Groupon's founder and chief executive, Andrew Mason, has been fired following a string of poor financial results. In a candid memo to Groupon's staff Mason said: "After four and a half intense and wonderful years as CEO of Groupon, I've ...
Tags: Andrew Mason, Groupon, company news
In a move that is likely to mark the start of a new era for the Iraq Stock Exchange (ISX), National Bank of Kuwait (NBK) has begun offering custody services for ISX-listed shares through its 80%-held subsidiary Credit Bank of Iraq. This is ...
Tags: NBK, Custody Breakthrough, ISX
Box is rolling out several new security features aimed at making its 150,000 business customers feel more confident in its cloud storage and file sharing service. The new capabilities address end users, devices and content. "Our high ...
Tags: Box, security features, company news
LED lighting is the trend of the next generation of lighting products. It is estimated that in 2012 the output value of the global high-brightness LED market will be 13.4 percent annual growth rate, size of up to $ 10.1 billion, Japan, ...
Tags: LED Industry, LED lighting
Facebook scored an initial legal victory in its IPO case following a federal judge's dismissal of a group of investor lawsuits filed against the company. More than 30 lawsuits were filed against Facebook after it went public last May, ...
Tags: Facebook, IPO case, company news
Dean Foods' share price was down 9% today (13 February) after the US dairy giant issued a cautious outlook for the year. Shares in the group were down to US$16.73 in early morning US trading today, despite the firm booking earnings of ...
Tags: Dean Foods, share price, dairy giant
The Zumtobel Group (also known as Zumtobel AG)(WBAG: ZAG) headquartered in Dornbirn, Austria is a leading European manufacturer of professional indoor and outdoor lighting, lighting management systems and lighting components as well as LED ...
Tags: Zumtobel Group, Lighting Brands, led light
I’ve often thought there should be a Nobel prize for corporate finance. It would go to the broker or investment bank that managed to place the largest IPO under the most unpromising circumstances. If there were such an award, I think ...
Tags: Nobel Prize, IPO, corporate finance
American Express (Amex) has synced with Twitter to enable its cardholders to tweet specific hashtags to purchase products online. Amex's technology, dubbed Card Sync, had initially been launched in March 2012 to deliver couponless savings ...
Tags: American Express, Twitter, specific hashtags
The mobile industry might be preparing to show off lots of new gadgets at this month’s Mobile World Congress in Barcelona, but a mergers and acquisitions specialist says the industry should forget about hyping them up and prepare for ...
An Iraqi telecom company raised nearly $1.3 billion Sunday on Baghdad’s small stock exchange in one of the region’s biggest share offers in years — a sign of investor confidence in the fledgling private sector despite ...
Tags: Iraq, Stock Sale, Investor, Confidence
A quarter of a million Twitter accounts have been compromised by hackers, according to the social network. This follows similar attacks on the Wall Street Journal and the New York Times in the last two weeks. Analysis: Why Twitter may ...
Tags: Twitter, social network, cyber security
German automotive manufacturer Daimler has acquired 12% stake in the passenger car unit of its Chinese partner Beijing Automotive Group (BAIC) for $875m. The acquisition will help the company in expanding presence in the world's biggest ...
Tags: Daimler, automotive manufacturer, BAIC
Less than a year ago, Facebook acknowledged that it had to improve its ability to generate revenue from its mobile users or face a tough future. Today, executives are calling Facebook "a mobile company." Are those claims true? Did ...