Twitter on Monday increased the price of shares in its initial public offering to a range of US$23 to $25 per share and also revealed that IBM has claimed the company has infringed on several patents.
News, Telecoms
Saudi authority fines ex-Mobily chairman for insider trading
Saudi Arabian authorities has reportedly fined the former chairman of the kingdom’s second-biggest telecom company for insider trading and ordered his investment firm to pay $75 million. 0 2785
Malware fighter FireEye files for $175M IPO
FireEye could soon be known on the stock market as FEYE if its plans to go public in a $175 million bid made official with the SEC today come to fruition.
Wall Street batters defences in make-believe cyber-crisis
Wall Street played its own version of war games on Thursday, testing its defences against simulated cyber-attacks bent on taking down US stock exchanges.