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Alibaba names partnership members in new IPO prospectus

Chinese e-commerce giant Alibaba Group Holding [IPO-ALIB.N] revealed the members of its 28-person partnership in its updated initial public offering prospectus on Monday.


Two senior Twitter executives resign as growth lags

Twitter Inc (TWTR.N) on Thursday announced the abrupt departure of two senior executives, including the chief operating officer who had been responsible for the social media company's efforts to revive flagging user growth.

Social inequality in San Francisco spurs verbal brawl among VCs

Ongoing tensions over how to handle social inequality in San Francisco sparked an a rare outburst among venture capitalists Monday. Facebook Inc executive-turned-venture capitalist Chamath Palihapitiya called for San Francisco Mayor Ed Lee

Head of eBay's PayPal unit steps down to join Facebook

David Marcus, who has led eBay Inc's fast-growing payments unit PayPal for the past two years, will step down this month to run Facebook Inc's messaging products, the companies announced on Monday.


Latest News

One of the founders of file-sharing website Pirate Bay has been arrested in southern Sweden to serve an outstanding sentence for copyright violations after being on the run for nearly two years, Swedish police said on Saturday.
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.
When the nine-person startup he co-founded was bought by Facebook for a reported $15 million in January, Cemre Gungor, 27, was inundated with phone calls and emails from wealth advisers. Yet he spurned them all, opting instead to open an account with Betterment, an online financial adviser launched in 2010 that automatically invests in a portfolio of exchange traded funds based mainly on a client's age.
The Association for Corporate Growth Orange County chapter ("ACG-OC") bestowed coveted awards celebrating growth, innovation and corporate responsibility to Orange County's finest companies Thursday night at the sold out Annual Awards Gala held at the Island Hotel.
Marlin & Associates Securities LLC (M&A), the boutique investment banking and strategic advisory firm, announced that, effective today, Jason Panzer has been named to the newly created position of Chief Operating Officer.
China's top search engine Baidu Inc has hired GoogleInc's former artificial intelligence (AI) chief Andrew Ng to spearhead research in a field that promises to show Internet companies how to maximize use of their vast data trove.
As the most prominent trade group pushing adoption of the electronic currency Bitcoin begins its annual conference on Friday, it is being roiled by controversy.
Vinod Khosla, co-founder of Sun Microsystems and now a prominent venture capitalist, on Monday testified about his cutting access to a popular beach in a court case that calls into question a California tradition of open access to the state's famed coastline.
American billionaire Ronald Lauder through Pan African Investment Company (PIC) funds an undisclosed amount in convertible debt to Kenyan car manufacturing startup Mobius to produce Africa's cheapest car.
Part-way through Alibaba Group Holding Ltd's long-awaited IPO prospectus was a subtle, but striking, warning: investors should know that lead founder and executive chairman Jack Ma might work against the company's best interests.