Alibaba files ‘granddady’ of tech IPO in US


Chinese e-commerce giant Alibaba has Tuesday filed prospectus for a ‘granddady’ of all technology initial public offerings (IPOs) in the history of United States. Alibaba’s filing of its documents with the Securities and Exchange Commission in US is just the first step in a process that will take several months before Alibaba's stock is listed. Alibaba Group Holding Ltd stated in its prospectus that it was looking to raise $1 billion. Analysts, however, feel that the figure is just an … [Read more...]

The Hummingbird is out of the cage says Google

Google Hummingbird

No, it's not Twitter. Just today, Google revealed that it completed a major undertaking in changing the way searches operate.  It’s now known as Hummingbird by those internal to the giant Google.  It’s said that the search engine change will impact over ninety percent of the results returned worldwide.  Google has become a household word everywhere by people saying ‘Just Google’ it.  Two years ago, 2011, it was referred to as Panda. In April 2012, it was known as Penguin. Another Panda update … [Read more...]