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Chinese internet company Alibaba Group is set for listing on US stock exchange

CHINESE e-commerce giant Alibaba Group plans to go public on a U.S. stock exchange, possibly raising up to $15 billion in the biggest initial public ... Full story

Bitcoin bank Flexcoin shuts after theft

AN ALLEGED theft by hackers has forced another online business serving bitcoin traders and investors to shut down. Flexcoin, which billed itself as a bank ... Full story

Who is Kei Perenna Hoi Ting? Forbes rich list names world’s youngest billionaires

AT JUST 24, she’s the world’s youngest billionaire with a $1.3 billion fortune. But despite her extraordinary wealth, very little is known about Kei Perenna ... Full story

Bitcoin exchange Mt. Gox disappears from web after massive losses

ONE of the world’s largest bitcoin exchanges has seemingly disappeared, delivering a severe blow to the virtual currency as it struggles to gain legitimacy. A ... Full story

Facebook buys WhatsApp for $16bn

FACEBOOK said Wednesday it was buying the fast-growing messaging service WhatsApp for more than $16 billion in cash and stock, expanding the global footprint of ... Full story

‘Dumb Starbucks’ gets people talking after opening in Los Angeles

STARBUCKS says it’s trying to contact the people responsible for a “Dumb Starbucks’’ store that set up shop in Los Angeles this weekend. A February ... Full story

Bank of America sends shocking letter to customer

ON THURSDAY, freelance writer Lisa McIntire's mother received a credit card offer from Bank of America sort of addressed to her daughter. There was one ... Full story

AOL boss blames sick babies for losing millions

SOMEBODY might want to get Tim Armstrong some media coaching. The CEO of AOL, just six months after firing a worker on a conference call ... Full story

Bill Gates quits as Microsoft CEO

MICROSOFT has named Satya Nadella as its new CEO as company founder Bill Gates said he was leaving the chairman role for a new role ... Full story

Be careful if you were charged this amount recently

Be on the lookout for a recent $9.84 charge on your debit or credit card. It might be part of a massive, worldwide scam.Thieves are ... Full story

Moody's cuts Sony's credit rating to junk

MOODY'S has cut its credit rating on Sony to junk, saying the Japanese electronics giant had more work to do in repairing its battered balance ... Full story

Disappointing Q1 Apple results lead to eight per cent stock drop

APPLE'S holiday season proved to be a let-down, even though the company sold a record number of iPhones and iPads during its latest quarter. The ... Full story

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