Business

Think you need a SAS 70 report -- or its replacement, the SSAE No. 16 -- to demonstrate your credentials? You may... but maybe not. Service Organization Controls reports are designed to help service organizations build trust and confidence in their processes and controls through a report issued by ...

Top social network Facebook inadvertently revealed that it is preparing to go public with its financial data sometime in 2012. Facebook expects its investor population to exceed 499 this year, it reportedly states in a private placement document leaked to a number of media outlets from Goldman Sachs...

LinkedIn, a business and professional networking site, is in discussion with banks about a potential initial public offering in 2011, according to Reuters, which pointed to Morgan Stanley, JPMorgan and Bank of America as the banks that will potentially handle the offer. LinkedIn has not denied the r...

Though there are many benefits to bringing your company public, there are also disadvantages to be considered. Therefore, the process of deciding whether to launch an initial public offering should be a deliberate, well-thought-out process made by a team of professionals, including management, your ...

Mobile technology giant Qualcomm has announced plans to purchase Atheros Communications, a leader in wired and wireless technology connectivity, for $45 per share in cash. The acquisition underscores the importance of wireless technology in the rapidly growing smartphone and tablet market. "It is Qu...

Not since Amazon started selling books more than 15 years ago has the world of e-commerce undergone such a wholesale transformation. The current online overhaul will likely be even more profound than the original dot-com boom, as it's unfolding across the entire retail sector as opposed to just a fe...

Goldman Sachs is in talks with wealthy investors in a quest to raise $1.5 billion for Facebook, and the deal could take Facebook very close to the line dividing public and private enterprises. Goldman first teamed up with Russian investment firm Digital Sky Technologies, which has already invested $...

After 83 years, Motorola has formally split into two entities -- a move that was more than two years in the making. Motorola Mobility Holdings Inc. will produce consumer products, and Motorola Solutions Inc. will sell into the professional and corporate markets. The break was spurred by activist inv...

Governments in a number of jurisdictions are moving not only to regulate online gaming but also to become an active participant in the industry. Various provinces in Canada have recently entered into the online gaming industry by developing and providing online gaming websites. In July of 2010, the ...

With a $450 million investment in Facebook, Goldman Sachs gets to look cool. Facebook gets capital to help face its competitors, particularly Google. The latest investment in Facebook rises to $500 million when you add another $50 million investment from Russian investors Digital Sky Technologies, w...

A hearty 65 percent of Internet users have paid to access or download online content, according to a Pew Internet & American Life Project that focused on purchases of music, articles and apps. There were a number of surprises in the data. With the exception of software, which is a predominantly ...

Federal authorities arrested Fremont, Calif., resident Winifred Jiau Tuesday on charges related to her involvement in an insider trading scheme. Jiau has been charged with conspiring to commit securities fraud and engaging in securities fraud by selling material nonpublic information about publicly ...

Taxes on all of the great new tech we just got? I was a guest on the Fox News show "Your World with Neil Cavuto" on Monday, and Brian Sullivan asked me about all the new taxes we better get ready for on all of our new holiday gifts. That's right. We better get ready for taxes galore. In fact, it's w...

Microsoft cofounder Paul Allen's company, Interval Licensing, on Tuesday reopened a patent lawsuit originally filed last August in Seattle against 11 companies, including Apple and Google. Interval claims the defendants violated four patents owned by Paul Allen's company Interval Research before it ...

The SEC is getting curious about intensified trading in shares of private social networks such as Facebook, LinkedIn and Twitter and social game developer Zynga. The SEC reportedly has sent information requests to several participants in the trading of shares of these four private companies. The co...