Finance/Venture
PayPal fuels higher eBay revenue even as cyber attack, rivals weigh
EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as better-than-expected results from its fast-growing PayPal division helped the online retailer overcome increasing competition from Amazon.com Inc and a well-publicized cyber attack.
Cynk Tech shares halted on concern over possible manipulation
Trading in shares of Cynk Technology Corp (CYNK.PK) was suspended Friday in the loosely regulated over-the-counter market, amid concerns about possible market manipulation after a 24,000-percent surge in the stock price in the last month.
Searchtech Ventures Inc. Announces Closing of Initial Public Offering
Searchtech Ventures Inc., is pleased to announce that it has completed its initial public offering today of 6,847,000 common shares at a purchase price of $0.10 per Common Share by way of a prospectus for gross proceeds of $684,700.
Venture fund 500 Startups uses Jobs Act to raise $100 million from public
500 Startups, the $100 million Silicon Valley venture fund perhaps best known for its incubator program for young companies, said on Thursday it would tap a new source of cash for its latest fund: the public.