Thu, 16 Feb 2012 10:40:05 +0100 (AP) - Russian billionaire and presidential candidate Mikhail Prokhorov, center, meets with representatives of League of Voters activists group in Moscow, Thursday, Feb.16, 2012. Prokhorov and League of Voters signed an agreement of cooperation. (AP Photo/Sergey Ponomarev)
Russian billionaire and presidential candidate Mikhail Prokhorov ...
Sat, 11 Feb 2012 14:20:01 +0100 (Reuters) - Russian billionaire and presidential candidate Mikhail Prokhorov speaks during a meeting with voters at a sports club in St. Petersburg February 11, 2012. Russians will vote in a presidential election on March 4. REUTERS/Alexander Demianchuk (RUSSIA - Tags: ELECTIONS POLITICS BUSINESS)
Oracle to buy Taleo for $1.9 billion; cloud war brews
Thu, 09 Feb 2012 19:50:12 +0100 (Reuters) - Oracle Corp plans to buy Taleo Corp, a maker of Web-based software for recruiting employees, for about $1.9 billion as a war heats up for control over the fast-growing cloud computing market. It is the latest big investment in cloud computing by Oracle, the world's No. 2 maker of business management software after Germany's SAP. While Oracle is behind SAP when it comes to selling traditional software that customers install on their computer systems, its billionaire CEO Larry Ellison has been more aggressive in adding cloud-based software offerings over the past few years. ... (Source: Reuters)
Social networking giant Facebook plans to go public, files for IPO to raise $5 billion
Wed, 01 Feb 2012 14:00:14 +0100 NEW YORK (Reuters) - Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR. The company founded by Mark Zuckerberg in a Harvard dorm room in 2004 picked Morgan Stanley to take the coveted "lead left" role in what is expected to be the largest IPO ever to emerge from Silicon Valley. The $5 billion is a preliminary target and could be ramped up in coming months in response to investor demand, IFR added. ... (Source: Reuters)
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