Uber’s IPO went off amid outcry over labor conditions and wages

Uber's much-anticipated IPO happened this morning, with shares hitting the New York Stock Exchange under the symbol UBER. The IPO raised $8.1 billion, with shares set at $45 and the company valued at $82.4 billion. This comes amid outcry over Uber's...

Week Ahead: More Earnings & Economic News To Move Markets


The S&P 500 is down 0.5% so far this year — and stocks face another potentially volatile week ahead with a barrage of earnings from major corporations as well as economic indicators and news...

Groupon Buys Ideeli At A Discount


In the latest sign that “flash sale” sites are struggling, Groupon bought Ideeli for $43 million in cash. This was a loss for Ideeli shareholders, considering the company received $107 million in...
    






MLBAM’s Home Runs With Sony And WWE At CES Set Stage For IPO


The biggest winner at last week’s Consumer Electronics Show in Las Vegas may have been Major League Baseball Advanced Media, the technology and Internet arm of Major League Baseball. MLBAM, which...
    






Top 13 Startups That Killed It In 2013


While the year 2013 might already be starting to feel like a distant memory, it certainly gave us some exciting startup companies likely to disrupt the way we look at the world in 2014. Here are...
    






Ahead of the Bell: Twitter downgraded


Twitter falls in premarket trading as analyst cuts rating on lofty stock price NEW YORK (AP) — Shares of Twitter fell in premarket trading Wednesday with another analyst cut his rating...
    






Twitter founder unveils search app tied to photos


Twitter founder Biz Stone seeks to help people find answers with photo-driven 'Jelly' app SAN FRANCISCO (AP) — Twitter co-founder Biz Stone hopes to demonstrate that a picture can be...
    






FireEye buys firm that tied cyberattacks to China


FireEye buys Mandiant, technology firm that linked cyberattacks to Chinese military unit NEW YORK (AP) — FireEye Inc. said Thursday it has acquired Mandiant Corp., the firm that linked...
    






Markets Finish 2013 With Record Highs


Fittingly, a record-breaking 2013 finished with one last record-breaking day: on the last day of the year, the Dow and the S&P 500 finished with their largest gains in over a decade, while...
    






China And Russia Helping Fuel New Tech Boom


If I asked you to name the biggest online shopping day of the year, what would you guess? Black Friday? Cyber Monday? Free Shipping Day in mid-December? Guess again. Even though Cyber Monday sales...