Yelp hopes to raise $100 million in IPO
Yelp, a local business reviews site, filed Thursday with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of up to US$100 million.
Yelp, a local business reviews site, filed Thursday with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of up to US$100 million.
Public companies may need to look more closely at their exposure to cyberattacks after new guidelines were released this week by the U.S. Securities and Exchange Commission.
Microsoft CEO Steve Ballmer received compensation valued at $1.38 million this year, according to documents filed this week with the U.S. Securities and Exchange Commission. His total package is up roughly 2% compared to 2010, when he received compensation valued at $1.35 million.
Outgoing Hewlett-Packard CEO Leo Apotheker will get a severance payment of US$7.2 million, plus a $2.4 million performance bonus and additional stock benefits, according to documents filed with the U.S. Securities and Exchange Commission on Thursday.
Google and Motorola Mobility plan to file for pre-closing antitrust clearances for the merger of Motorola with a Google subsidiary in a number of jurisdictions including Canada, China, Israel, Russia, Taiwan and Turkey, in addition to filings in the U.S. and before the European Commission.
After pulling the plug on its webOS phones and tablet computers Thursday, Hewlett Packard said it expected to be less profitable than expected during its current fiscal quarter, which ends Oct. 31.
No one can blame enterprise switching for Juniper's disappointing second-quarter results. Sales of Juniper's EX switches were up 18% year-over-year, switching overall was up 33%, and enterprise sales were up 9% due to strength in enterprise switching and routing products.
SAP expects its full-year operating profits will be near the top of a previously announced range, based on strong software sales in the second quarter and "improved visibility" into the remainder of the fiscal year, the vendor said Tuesday.
Yahoo's total revenue took a steep dive in the second quarter as it struggled in display advertising, a core market where it has historically been a leader. The company managed to increase its profit by 11 percent, however.
Google is under investigation by the U.S. Department of Justice in connection with its advertising program, and has set aside US$500 million for a potential resolution, the company said in a regulatory filing on Tuesday.
It's been called the Facebook of China. And to 24-year-old Kuang Yaqiong, it pretty much is.
Carol Bartz's compensation was slashed by 75 per cent in 2010, but the Yahoo CEO still managed to take home a hefty $11.9 million pay package. A year earlier, Bartz received compensation valued at $47.2 million, according to documents filed Friday with the U.S. Securities and Exchange Commission.
Indian outsourcer Satyam Computer Services has agreed to pay a US$10 million penalty to the U.S. Securities and Exchange Commission (SEC) to settle charges of financial fraud, the SEC said.
Intel CEO Paul Otellini received a seven per cent pay bump last year, as Intel more than doubled its profits and for the first time topped $40 billion in revenue. His total compensation climbed to $15.7 million in 2010 from $14.6 million in 2009, according to documents filed yesterday with the U.S. Securities and Exchange Commission.
The U.S. Securities and Exchange Commission has charged IBM with giving hundreds of thousands of dollars in bribes to South Korean and Chinese officials starting in the late 1990s, according to court documents filed Friday.