Groupon files for IPO

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After LinkedIn filed their IPO and doubled their stock value on the first day, another company is looking to join in on the fun. Groupon has filed a S-1 form with the United States Securities...

Intel to spend $8 Billion on plant upgrade

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In a press release today, Intel announced that it will spend $6-8 billion upgrading plants in Arizona and Oregon. The upgrade will help the company manufacture Intel’s next-generation 22-nanometer chips and will happen over "several...

Infinium sued by former investment bankers

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The latest chapter in the often-bizarre saga of technology start-up Infinium Labs has unfolded in the USA, with investment bank SBI-USA filing a lawsuit against the prospective platform holder for fraud and breach of contract....

Litigation is a great investment

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Baystar, a group that recently invested (and even more recently un-invested) in SCO, have conceeded that the reason why they invested in SCO was because they banked on getting a good return from the litigation...

Microsoft raising Xbox investment

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Software giant Microsoft Corp. said on Wednesday it would pour more resources into its efforts to carve out a position in the $10 billion video game market rather than cutting its losses and exiting from...

Teen made $1 million in Internet investment scheme

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U.S. financial regulators said on Monday they had uncovered a fraudulent $1 million Internet securities scheme they alleged was run by a 17-year-old high school student. Cole Bartiromo defrauded 1,000 investors through...

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