Transeastern Power Trust ("Transeastern" or the "Trust") is pleased to announce it has closed its initial public offering (the "Offering") of 11,045,800 units of the Trust (the "Units") at a price of $1.00 per Unit along with $11,763,000 aggregate principal amount of 7.5% convertible unsecured subordinate debentures (the "Debentures") for aggregate gross proceeds of $22,808,800.
Regions
Apple allows 'approved' virtual currencies in Apps
Apple Inc will let software developers include virtual-currency transactions in their applications, paving the way for new forms of money to appear on iPhones and iPads.
Facebook acquires mobile data plan firm Pryte
Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps.
U.S. leads global effort to disrupt cyber crime ring
A U.S.-led international operation disrupted a crime ring that had infected hundreds of thousands of PCs around the globe with malicious software used for stealing banking credentials and cyber extortion, the Justice Department said on Monday.
Fidelity Contrafund cuts Yahoo stake by 41 percent this year
Fidelity Investments Contrafund, the largest mutual fund investor in Yahoo Inc, cut its stake in the Internet media company by 41 percent during the first four months of 2014, according to the fund's latest disclosure.
Latest News
Satellite TV operator Dish Network said it would accept bitcoin payments from customers from the third quarter, joining companies such as Overstock.com Inc and Zynga Inc in accepting the digital currency.
In an unprecedented, three-year cyber espionage campaign, Iranian hackers created false social networking accounts and a bogus news website to spy on military and political leaders in the United States, Israel and other countries, a cyber intelligence firm said on Thursday.
New Intel-based tablets from major brands will start hitting store shelves in June, and senior executives at the chipmaker hope the offerings will move it closer to an aggressive sales goal.
Chinese software companies such as Neusoft Corp and China National Software & Service Co Ltd (ChinaSoft) are picking up sales and expanding their marketing as China trades cyber spying accusations with the United States.
Google has taken the first steps to meet a European ruling that citizens can have objectionable links removed from Internet search results, a ruling that pleased privacy campaigners but raised fears that the right can be abused to hide negative information.
Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan have pledged $120 million to Bay Area schools to help underserved communities in San Francisco, the two wrote in an essay to the San Jose Mercury News.
Turkish telecoms watchdog BTK said on Friday it had not yet received a ruling by Turkey's top court ordering the removal of a two-month block on video-sharing website YouTube
Intel Corp introduced a walking, talking robot on Wednesday made from 3D-printed parts that will be available to consumers later this year, if they are willing to assemble it with a kit that costs around $1,600.
Google Inc is building cars that don't have steering wheels, accelerator pedals or brake pedals, in an ambitious expansion of the Internet company's efforts to develop self-driving cars.
