Industry
Facebook Attempted to Misrepresent Itself to SEC Leading up to IPO?
Two dozen letters posted to the SEC's website a month after the company went public indicate the social media company attempted to overstate the number of users of its mobile devices and cited the wrong research in its February 1 filing with the SEC, according to Bloomberg News.
Chinese Management Triples Volume at Greek Cargo Port, Salaries and Job Protections are Trade-off
Greek's ancient Port of Piraeus is half-owned by the Chinese-owned giant Cosco, which has tripled the volume of cargo traffic there since 2010. The trade-off is in workers' salaries and employment protections.
Twitter Focuses on Growing its Advertising and User-base, Not IPO
According to a recent interview with Twitter's CEO, the microblogging site's focus is on growing its advertising and user base but speculations about an IPO are still irresistible to the media.
Australia's Ingham Chicken Enterprises Looks Tasty to Big Private Equity Firms
Reuters reported today that big private equity firms will bid for Ingham Enterprises, Australasia's largest poultry producer, according to confidential sources.