Friday 27 September 2013

Technology Report: Top shareholders back Alibaba's controversial corporate structure

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09/27/2013
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Top shareholders back Alibaba's controversial corporate structure
(Reuters) - Alibaba Group's biggest shareholders have backed a partnership structure that is at the center of a debate over where the Chinese e-commerce giant may list its shares in the most highly anticipated Internet IPO since Facebook Inc's $16 billion offer last year.
Martha Stewart to Apple: come fix my iPad now
SAN FRANCISCO (Reuters) - Martha Stewart broke her beloved iPad. Can someone from Apple rush over and fix it? She's waiting.
BlackBerry confirms deep loss and revenue drop
TORONTO (Reuters) - BlackBerry Ltd reported a quarterly loss of nearly $1 billion on Friday, in line with a warning it gave last week, just days after the smartphone maker accepted its largest shareholder's tentative $4.7 billion bid to take it private.
Dell benefits from hot U.S. leveraged loan market
LONDON (Reuters) - Dell is the latest company to benefit from the red-hot U.S. leveraged loan market as strong investor demand allowed the computer giant to cut funding costs on the $10.6 billion financing package backing its $25 billion buyout.
Ballmer goes out punching at last Microsoft employee meeting
SEATTLE (Reuters) - Microsoft Corp Chief Executive Steve Ballmer took his farewell bow before thousands of applauding employees on Thursday with a typically loud and emotional performance at his last companywide meeting, talking up the software giant's prospects and taking swipes at rivals.
Chipmaker RDA Microelectronics gets $15.50/ADS buyout offer
(Reuters) - RDA Microelectronics Inc said China's state-owned Shanghai Pudong Science and Technology Investment Co Ltd offered to buy the shares of the chipmaker it does not already own at $15.50 per American depositary share.
Yahoo backs Alibaba's management as IPO debate goes on
HONG KONG (Reuters) - Yahoo Inc joined Japan's SoftBank Corp on Friday in backing Alibaba Group Holding Ltd's planned partnership structure.
How Jack Ma can keep a tight grip on Alibaba after an IPO
NEW YORK/SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd founder Jack Ma wants to keep a tight grip on the Chinese e-commerce company he founded even after he takes it public, and U.S. law gives him several ways to do so.
EA settles NCAA student-athlete cases, no game next year
SAN FRANCISCO (Reuters) - Electronic Arts said it had reached a settlement with former college football athletes who have accused the company of using their images without permission and would not be making a new game for the popular "NCAA Football" series in 2014.
Softbank CEO Son says 'very supportive' of Alibaba's partnership
HONG KONG/TOKYO (Reuters) - Softbank Corp CEO Masayoshi Son said on Friday the company fully supports a partnership system in Chinese e-commerce giant Alibaba Group Holding Ltd.
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