NEW YORK (AP) - Shares of security software company Palo Alto Networks Inc. are shooting higher in their first day of trading on the New York Stock Exchange Friday.
The Santa Clara, Calif. company is going public as the market for IPOs comes back to life following a five-week freeze. Demand for
By PAUL ELIASAssociated Press
SAN FRANCISCO (AP) - The Silicon Valley venture capital firm of Kleiner, Perkins, Caulfied & Byers has been generating buzz for decades, spotting early investment opportunities and making billions with companies like Google and Amazon. This summer, the attention
LONDON (AP) - Vodafone Group PLC, Europe's largest mobile phone company, said Friday that revenue fell by 7.7 percent in the three months ending June 30 compared with a year earlier as gains in emerging markets were offset by a patchy performance in Europe.
Adverse currency movements also
By BARBARA ORTUTAYAP Technology Writer
NEW YORK (AP) - Funding for startups fell 12 percent in the April-June period as venture capitalists poured less money into fewer deals than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest
NEW YORK (AP) - Funding for startups fell 12 percent in the April-June period as venture capitalists poured less money into fewer deals than a year earlier.
A report due out Friday says startup investments slipped to $7 billion in the second quarter, down from $8 billion. The companies getting
By The Associated Press
Funding for startups fell 12 percent in the second quarter as venture capitalists poured less money into fewer deals than a year earlier. A total of 898 deals were completed, reaping $7 billion, according to a study due out Friday.
The tally in the April-June period was
BEIJING (AP) - Apple released its newest iPad in China on Friday after settling a lawsuit over ownership of its name and requiring buyers to place orders in advance to control crowds.
Watched by security guards, a few dozen shoppers waited outside stores in Beijing and Shanghai, which opened on
SUNNYVALE, Calif. (AP) - Trouble in the global economy dragged Advanced Micro Devices Inc.'s net income down 40 percent in the second quarter, and the world's second-biggest chipmaker warned that revenue will continue to be hurt through the rest of the summer.
"Overall weakness in the
NEW YORK (AP) - Yahoo is giving its new chief executive Marissa Mayer a compensation package worth more than $59 million over the next several years.
Yahoo Inc. said in a regulatory filing Thursday that Mayer will receive an annual salary of $1 million. She's also eligible for a $2 million
By MICHAEL LIEDTKEAP Technology Writer
SAN FRANCISCO (AP) - Google is getting even better at showing online ads to the right people at the right time. That enabled the Internet search leader to hit analysts' earnings target for the second quarter and reassure investors about the company's