Facebook’s innovation engine may have stalled, but Mark Zuckerberg has been revamping the way it creates and distributes new services. NYT reports.» Read More
All of the companies _ Realogy, the owner of realty firms Century 21, Coldwell Banker and Corcoran Group; online stock photo provider Shutterstock; Kythera, a developer of shots to treat double chins; and Intercept Pharmaceuticals, which develops drugs for liver diseases _ garnered strong demand from investors.
DAKAR, Senegal-- The street level of Ousmane Ndiaye's building features a fabric shop. "I could rent this place out for 250,000 francs a month, but I prefer to keep Billal and my sheep here," says Ndiaye, 60, sporting a royal blue boubou as he strokes the head of the sheep he hopes will become a reality television star.
The New York attorney general sued JPMorgan Chase over the risky mortgage-backed securities once peddled by Bear Stearns, which JPMorgan now owns. Bank of America and Citi denied wrongdoing but said they were agreeing to settle because they wanted to move on. JPMorgan and Wells Fargo have said they will contest their pending charges.
The boss of JPMorgan Chase has admitted his regret for the bank's rescue of its ailing rival Bear Stearns through a contentious deal brokered by Washington at the height of the global financial crisis. The Telegraph FUND MANAGERS' MUST SPEAK OUT'.
Oct 10- Real estate services company Realogy Holdings Corp priced its initial public offering at $27 a share on Wednesday, at the top of its expected range, an underwriter said. raised $1.1 billion by pricing 40 million shares as planned, making it the third largest IPO in the United States this year behind Facebook and Santander Mexico Financial Group.
The big one is Workday (ticker: WDAY), pricing Thursday for Friday, brought to you by Dave Duffield, the founder of PeopleSoft. It has the magic word...But the one that will likely get the press is Realogy (ticker: RLGY).
Oct 10- Real estate services company Realogy Holdings Corp priced its initial public offering at $27 a share on Wednesday, at the top of its expected range, an underwriter said.
Stocks finished near session lows Wednesday, with the Dow logging another triple-digit loss, pressured by a tepid start to earnings season and worries over the sluggish global economic growth.
BRUSSELS, Oct 10- Internet standard-setters are watering down a tool that is supposed to help Web users hide their data from companies, the EU's Internet chief, Neelie Kroes, will say on Thursday. When a Web user' likes' something on Facebook or reads an online newspaper, a dozen or more companies are squirreling away data on their tastes, habits, gender and age.
NASHVILLE, Tenn.-- A Nashville judge has delayed a public intoxication and vandalism case against two-time Olympic gold medalist Shaun White. The 26- year-old snowboarder was accused of pulling the fire alarm and destroying a phone at a Nashville hotel.
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As technology becomes more ubiquitous, more countries are wooing tech companies and startups to set up shop in their burgeoning tech centers.
A survey found that 69 percent of U.S. workers are either "actively seeking" a new job or "open to" a new job.
DALLAS-- In the months after Doug Robinson started driving a truck, he noticed his clothes were increasingly more snug-fitting. Xpress, took part in a weight-loss challenge sponsored by the Truckload Carriers Association, the 321- pound, 6- foot-1-inch Robinson signed up.
The weeklong program of panel discussions, speakers and demonstrations, which opened Monday, was the brainchild of Groupon co-founder Brad Keywell, who regards Chicago Ideas Week as a startup, albeit one that will never be publicly traded on Wall Street. The Chicago- based entrepreneur was briefly a billionaire after Groupon Inc.' s IPO last year.
*Credit Suisse assumes coverage of Amazon.com with outperform; eBay. ,Facebook and Groupon with neutral ratings. Reuters Station users, click. 1568.
*Russia and Iran will not give up on Assad for now. Posted on the Facebook page of President Bashar al-Assad of Syria, it shows the first lady Asma, dressed in jeans and a t-shirt, accompanying her daughter and three sons on their first day back at school. Russia and Iran continue to back Damascus.
SAN FRANCISCO, Oct 10- Data-center company IO has raised $90 million from venture-capital backers, the company said on Wednesday, illustrating the growing profile of enterprise-oriented investments compared to consumer companies in Silicon Valley.
Trading volumes for stocks have decreased since 2008 and a series of high profile glitches have continued to hurt investor confidence. On Tuesday, erroneous trades led to a spike in a number of U.S.-listed stocks including Pandora and Nokia.
NEW YORK-- Shares of Zynga tumbled nearly 5 percent Wednesday after Piper Jaffray predicted that a decline in revenue for social gaming companies would accelerate next year, with fewer teens showing interest. On Friday, the shares hit an all-time low of $2.21, after Zynga forecast a third-quarter loss.