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finance
Investor Carl Icahn sells 12.7 million Yahoo shares 01/09/2009 13:52:00
He sold shares at US$14.85 per share, far less than the $25 each he paid in hopes of a Microsoft-Yahoo mergerCarl Icahn, an investor who made waves last year for pushing Yahoo to accept Microsoft's merger bid, has sold 12.7 million shares of Yahoo stock in recent days, according to regulatory filings on Monday.Banking services aim to help Gen Y manage money 28/08/2009 01:35:00
Who is doing it: PNC Financial Services-a 2009 CIO 100 honoree-is targeting 18- to 24-year-olds with its Virtual Wallet, a mobile and online banking service that is designed for people who are setting up their first bank accounts. Since the service launched in August 2008, PNC is averaging 200 new accounts per day, says Michael Ley, vice president at PNC.PNC Financial Services is targeting 18- to 24-year-olds with its Virtual Wallet, a mobile and online banking service that is designed for people who are setting up their first bank accounts. Since the service launched in August 2008, PNC is averaging 200 new accounts per day, says Michael Ley, vice president at PNC.New NetSuite edition focuses on financials 21/05/2009 04:34:00
The on-demand ERP vendor wants customers to know its software can be bought in modular fashionNetSuite is making a fresh run at rivals like Sage and Microsoft with a new application that focuses on financials, versus the full breadth of its on-demand suite, which also includes CRM (customer relationship management) and e-commerce components.Bailout won't keep Wall Street from sending jobs offshore 29/09/2008 08:33:00
If the US buys up bad mortgages, will Congress use its newfound leverage to slow offshore outsourcing?The collapse of Wall Street may prompt financial services firms to increase their use of offshore outsourcing and cut more jobs in the US on top of the layoffs they have already announced.'Valley Girl' loves to live in a Web 2.0 world 26/09/2008 09:59:00
Author and self-described valley girl Sarah Lacy talks about the rebirth of Silicon ValleyWith the recent rise of Web sites such as Facebook and MySpace, it's hard to believe that just a few years ago, the tech industry, along with many investors, were taken for a loop when the dot-com bubble burst and many companies went under.
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