A seven judge panel ruled on Thursday that 41 lawsuits filed in California, Florida and New York against Facebook, NASDAQ and underwriters connected to the social media's IPO in May be heard in New York, Bloomberg reported.
Software & IT services
WSJ Technology Innovation Awards: Printechnolgics, Pure Storage and Vidacare Nab Top Spots
The Wall Street Journal has recognized the world's hottest new innovations with its annual Technology Innovation Awards, highlighted in today's paper. Culled from 536 applications originating in two dozen countries, the 37 winners and runners up span 18 categories and include start-ups as well as larger, more established companies.
SoftBank To Buy 70 Percent Stake in Sprint Nextel for $20 Billion
The Japanese telecommunications company Softbank Corp. has struck a deal to buy a 70 percent stake in Sprint Nextel for $20.1 billion.
Venture Capital-Backed Companies with Women Execs More Likely to Succeed
A recently released study by Dow Jones finds that venture capital-backed companies with female executives are more successful than those with only men in senior executive roles.
iPad Mini Release Date Rumored: Apple Device Set for Oct. 23 Debut
Apple's answer to the Kindle Fire and Nook, the iPad Mini, could be in stores as early as Oct. 23, according to the technology website AllThingsD, as reported by ABC News.
Latest News
Starbucks' customers who own smartphones (iPhones and Androids) will be able to pay with the Square Wallet mobile device starting early next month.
Reuters reports the merger and acquisition deals of the day. (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: Two former top aides to Canadian Prime Minister Stephen Harper said on Thursday he should approve a $15.
A new study released by the Kauffmann Foundation shows an unprecedented drop in the creation of tech start-ups, which it attributes to a stagnating immigrant population.
Yesterday NYC Mayor Michael R. Bloomberg and Bloomberg Philanthropies hosted a private summit to discuss ways of attracting tech businesses to New York, and make sure that the US keeps its edge in tech innovation, amNew York reported today.
A new joint venture, Redpoint e.Ventures, announced over the summer that it had raised $130 million to invest in early stage Internet start-ups in Brazil. It is the first such fund in Brazil originating from Silicon Valley and according to the company's founders the largest early stage venture capital fund there.
According to a recently released report by CB Insights, angel investors are filling a geographic niche overlooked by venture capitalists.
Brief overviews of Asia's tech start-up environments for investors. For American and Canadian investors looking to put their money into tech start-ups,The Economist provides a quick overview of business environments in China, India, Singapore, South Korea, Hong Kong and Taiwan, and Vietnam.
Business-product makers top WSJ's list of most successful venture capital-backed companies. For the third year, the Wall Street Journal has published a ranking of the most successful venture capital-backed companies.
E-commerce start-up Decide.com is launching a guarantee on Thursday. E-commerce start-up Decide. com is launching a guarantee on Thursday, claiming it will help online shoppers handle increasingly swift price swings known as dynamic pricing.
