PayPal's startup initiative might have been the company's way of giving back to its customers as the payment services company's growth continued to climb to astronomical heights.
Sectors
Clifford Capital's guaranteed note face high demand
The five year USD300 million Singaporean backed note is now bring priced at the higher range indicating high demand.
Twitter execs showered attention by profit seeking Wall Street firms
Firms stand to earn nearly USD50 million from the Twitter IPO. During the visit of Twitter to New York last week, executives of JP Morgan Chase & Co had mingled outside their offices with jackets emblazoned with the logo of the microblogging site.
Microsoft asks EU approval to take over Nokia's phone business
Microsoft sought an approval from the European Commission to take over Nokia's phone business in USD7.49 billion deal.
WebMD purchases Avado to shift company focus to Patient Engagement
WebMD's acquisition of tech startup Avado would help the healthcare resource website regain its position back as a market leader.
Latest News
CEO Jeremy Levin resigns from Teva, but board is confident they will find a permanent replacement. Jeremy Levin, chief executive officer of Teva Pharmaceutical Industries, would be stepping down effective immediately, according to a report by Reuters.
A meeting of local and state financial authorities relate the possible misuse of Urban Cooperative Banks by unscrupulous money launderers.
Clariant and Wendel's Stahl reached an agreement with former to receive millions and shares. Clariant AG, Swiss maker of specialty chemicals, had agreed to sell a leather-treatment unit to French investment company Wendel SA's Stahl, according to a report by Bloomberg.
Apple would be adding public transit directions in its Maps software soon. A job listing for a developer accidentally leaked Apple Inc's plans for its mapping software by mistake.
Asurion's acquisition of Israel-based startup Soluto would reportedly help the former improve its software-centered services.
Intel Corp was reportedly nearing an agreement to exit from its television service business with Verizon Communications Inc.
Intesa Sanpaolo chief executive officer Carlo Messina wanted Italian carrier Alitalia to have Air France-KLM as its industrial partner.
Blue Solutions rose as high as USD18.64 per share in the first day of its initial public offering. Blue Solutions saw its shares jump 30% from issue price in the first day of its initial public offering.
PricewaterhouseCoopers (PwC) would be acquiring Booz & Co for an undisclosed amount. A Reuters report said UK accounting firm PricewaterhouseCoopers (PwC) entered into an agreement to purchase a corporate consulting firm.
