"I don't think we're having a recession," Trump told reporters.Marketsread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Tech's other hot IPO candidate is hurtling toward its day on Wall Street.
King.com, the London-based maker of Candy Crush Saga, has quietly filed an S-1 document with the Securities and Exchange Commission worth an estimated $5 billion, according to a report in London's Daily Telegraph, citing an anonymous source.
USA Today confirmed the report from a source, who asked not to be named because they are not authorized to speak on behalf of King.
King declined comment.
King's reported filing is similar to the one that allowed Twitter to keep its IPO confidential last week. King hired a chief financial officer, Hope Cochran, this week. She held the same title at Clearwire, which built the first 4G network in the USA and merged with Sprint in 2012.
King has increasingly gained the attention of investors and analysts for the worldwide success of Candy Crush Saga. The popular puzzle game has helped King reach nearly 250 million monthly active players and generate a few million dollars a day.
Both anticipated public stock offerings come amid a dearth of tech public offerings. Just one in six new U.S. listings this year have been tech-related stocks, making 2013 potentially the second-worst showing in 20 years, according to data provider Dealogic. At the height of the dot-com boom, in 1999, 69% of all IPOs were technology or Internet companies.
The 22 tech-related U.S. IPOs this year – out of 134 – have raised $3.4 billion.
King could trigger more tech-centric public offerings, including long-rumored IPOs for Box and Dropbox in 2014.