Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
China is considered to be the fastest growing economy, but things are not as simple as they look. Attracted by subsidies, cheap labour, and tax regulations, several American-based manufacturers shifted their business to China in the recent years. However, the situation has changed now. The manufactures, who brought millions of jobs to China a few […]
(Reuters) – The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares began trading late Friday morning and opened 11 percent above the $38 offering […]
(Reuters) – Investors are bracing for Facebook’s Wall Street debut on Friday after the world’s No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. Valued at $104 billion, Facebook is larger than Starbucks Corp and Hewlett-Packard combined, sparking intense speculation on how much higher its […]
(Reuters) – Social networking site Pinterest has raised $100 million from a group of investors led by Japanese online retailing giant Rakuten Inc in a deal that reportedly values the three-year-old U.S. company at $1.5 billion. Rakuten said it was joined in the capital-raising by existing shareholders Andreessen Horowitz, Bessemer Venture Partners, FirstMark Capital and […]
(Reuters) – Facebook Inc has increased the price range in Silicon Valley’s biggest-ever initial public offering to raise more than $12 billion, giving the No.1 social network a valuation potentially exceeding $100 billion. The company founded in a Harvard dorm room by Mark Zuckerberg raised the price target range to between $34 and […]
(Reuters) – The roadshow for Facebook Inc’s initial public offering is scheduled to start on Monday, meaning the company’s shares should begin trading on May 18, a source familiar with the process said on Tuesday. Founder and CEO Mark Zuckerberg, who has mostly operated in the background during Facebook’s closely watched journey to public […]
SAN FRANCISCO, March 21 – Hewlett Packard Co will merge its printer and PC businesses, combining two of its largest divisions as Chief Executive Meg Whitman tries to jumpstart growth at the technology company. The combined unit, with $65 billion in annual sales, will account for about half the company’s revenue and be headed by […]
(Reuters) – Facebook Inc is taking the next step on its IPO journey and has summoned research analysts from Wall Street banks to its Menlo Park headquarters early next week for a pre-roadshow briefing to discuss the finer points of its business and books. The world’s largest social network, which is racing toward what would […]
Wow, now this is sportsman spirit or…sportwoman…spirit. This truly shows she is a Standford graduate, doesn’t it. Did I mention she has two degrees from Stanford? This might showcase good sportsman spirit in Mayer but Suits at The Street might not take it as ‘+1′ point. She seems to like products of Google’s sworn archenemy […]
It is not unknown that Google, Inc. and Apple, Inc. are in a cold war of late on various application in general and mobile operating systems in particular. Both companies might even be willing to slip the very foundations from each other’s buildings at Silicon Valley and/or Cupertino, but its America and there is this […]
(Reuters) – Hewlett-Packard Co will ramp up spending on research, sales and turning around its flagging services arm in 2012, after its fourth-quarter profit fell nearly 91 percent on weak computer sales. The world’s largest technology company by sales also gave a modest earnings forecast for fiscal 2012, setting a low bar for new CEO […]
The Silicon Valley giants, Oracle Corporation has expanded its horizon with a new acquisition this week. The software maestros have bought RightNow Technologies to extend their corporate portfolio to cloud services. The cloud services have taken hype in fame and usage in the last two years as a next generation social networking platform. With Apple, […]
