Morgan Stanley, led by its technology investment banking chief, Michael Grimes, has shepherded 28 technology initial public offerings in the past year. The New York Times reports. Read More
Hedge funds took profits in large cap consumer discretionary stocks in the fourth quarter of 2011 and put more money to work in the tech sector, which has been the top performer so far this year. Read More
Twitter and Russian search engine Yandex have agreed a partnership that will allow Yandex to show new tweets in its search results almost instantly, as Twitter becomes an increasingly important source of real-time information. Read More