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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...

EXPERT ADVICE

Tapping Into Your Brand's Social Graph

A major source of Facebook's success is its "social graph," a term coined in 2007 by company founder Mark Zuckerberg to describe the network of relationships between Facebook users. Facebook's social graph is a valuable component of the Facebook platform. The robust mapping of relationships and pref...

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...

EXPERT ADVICE

Tackling the Big IPO Question

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 ...

Amazon came a step closer to opening its Android Appstore Wednesday by opening a portal for developers. The portal allows app makers to submit their wares to the Internet's largest online retailer so they can be part of the outlet's offerings when its virtual doors open later this year. Amazon pro...

OPINION

CES: Being There

The annual giant Consumer Electronics Show is happening this week in Las Vegas, and once again everything new in the electronics world is on display. I've been to a number of these CES events, and each seems bigger than the last. It is held not only in the very large Las Vegas Convention Center, but...

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...

EXPERT ADVICE

The Towering E-Commerce 3.0 Wave

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...

TECHNOLOGY LAW CORNER

Governments Getting Into the Online Gaming Game

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 ...

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