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  • Microsoft will let shareholders nominate board members

    Microsoft added a provision to its bylaws Friday that allowed shareholders with a significant stake in the company to directly nominate up to two candidates to its board of directors.

    Written by Blair Hanley Frank08 Aug. 15 07:01
  • Twitter CEO, Dick Costolo, steps down

    Embattled Twitter CEO, Dick Costolo, will be leaving the social networking company on July 1, according to an SEC filing the company made public on Thursday.

    Written by Blair Hanley Frank12 June 15 07:32
  • Twitter CEO Dick Costolo steps down

    Embattled Twitter CEO Dick Costolo will be leaving the social networking company on July 1, according to an SEC filing the company made public Thursday.

    Written by Blair Hanley Frank12 June 15 07:32
  • Fitbit's IPO filing shows a strong pulse

    Fitbit, the maker of wearable activity trackers, has filed to go public and revealed some strong sales numbers in its pitch.

    Written by Zach Miners08 May 15 07:55
  • As Box's IPO looms, so do its challenges

    The road to an initial public offering is rarely smooth for any company, but it's fair to say that Box's journey has been one of the bumpier ones. Though it filed plans to go public early last year, it wasn't until this week that the milestone finally come into view. In the meantime, Box's challenges have only intensified.

    Written by Katherine Noyes23 Jan. 15 09:31
  • CSC pays $190M to settle 4-year-old accounting fraud case with SEC

    IT services company CSC will pay US$190 million to settle a case brought by the U.S. Securities and Exchange Commission over four-year-old charges that it violated U.S. antifraud, reporting, and books-and-records laws. The company did not admit guilt, but has promised not to violate those laws in future.

    Written by Peter Sayer31 Dec. 14 00:22
  • Alibaba's business model and the Chinese market make its IPO hot

    Alibaba Group is the e-commerce player from China that you may have never heard of. But it's set to make one of the biggest initial public offerings in the U.S., possibly raising over US$20 billion, analysts say.

    Written by Michael Kan07 May 14 17:58
  • Juniper to lay off more than 500 and close facilities

    Juniper Networks will lay off about 6 per cent of its workforce and back out of application delivery controllers as part of a restructuring intended to cut costs and focus the company on markets where it can grow fast.

    Written by Stephen Lawson03 April 14 11:21
  • Box to go public, hoping to raise $US250m

    Box, the eight-year-old company that has taken on industry giants to become a leader in cloud storage and file sharing, will seek to raise $US250 million by selling shares publicly for the first time.

    Written by Juan Carlos Perez24 March 14 21:59
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