A brand new incubator has opened up in Silicon Valley with the aim of fostering cross-border US-China startups. The facility will reportedly cover a “broad range of technologies” including mobile, software, health, and renewables.The incubator claims to be the first operation of its kind "to focus on nurturing American and Chinese start-ups to expand beyond their home countries". It believes that this focus "will increase technology development, commercialization, investment and job creation in both countries".The incubator, which is ...
Facebook's much anticipated IPO is here. After months of waiting and speculating, the social media giant finally filed.The documents filed with regulators say the social network is hoping to raise US$5-billion, making it the biggest tech IPO in history. The company will be trading stocks using the FB symbol."Facebook was not originally created to be a company," wrote CEO Mark Zuckerberg in his S-1 letter."It was built to accomplish a social mission -- to make the world more ...
Following the anticipation around Facebook's imminent IPO, analysts report that Google's social play, Google+, will hit the 100-million users mark on Wednesday evening.Paul Allen, a Google+ analyst and founder of Ancestry.com, believes the social network later comer will hit "100.8-million users by the end of the day". The most recent Google+ figures have it sitting 90-million, which Larry Page announced earlier this month while presenting Google's quarterly report.Page noted in his report that Google+ was "growing tremendously" and ...
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