Business News


Australia's MYOB says to raise up to $636 million in IPO

SYDNEY (Reuters) - Australian accounting software maker MYOB Ltd said it plans to raise up to A$833.8 million ($635.69 million) in an initial public offering which is expected to be one of the ...

6 hours ago from Reuters Technology

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Apple Watch to spark wearable tech growth: IDC

Wearable technology devices are seeing a growth surge that is likely to continue over the next few years, helped by the soon-to-be-released Apple Watch, a market tracker said Monday.

22 hours ago from Phys.org

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Teva buying Auspex for $3.2 billion

Teva Pharmaceutical Industries Ltd. is buying Auspex Pharmaceuticals Inc. for about $3.2 billion in a move to strengthen its position on central nervous system condition treatments.

23 hours ago from Medical Xpress

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Los Angeles company to halt seafood distribution over listeria

A U.S. District Court imposed a permanent injunction on a Los Angeles-based seafood company after food inspectors found contamination by the listeria bacteria, the U.S. Department of Justice ...

20 hours ago from FOXNews

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Lululemon pants focus on male comfort

After offending some of its female customers, Lululemon has begun branching out into menswear.

21 hours ago from FOXNews

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Pebble Time proves to be hotter than Coolest Cooler on Kickstarter

Pebble has recaptured the top spot for most-funded project, with its new smartwatch raising more than $20.3 million from backers, far surpassing the initial goal of $500,000.

19 hours ago from CNET

Other sources: CNET, Ubergizmo, TechCrunch, Gizmodo (2), The Verge show all (6)

Jury decides Silicon Valley firm did not discriminate

A jury decided Friday that a prestigious venture capital firm did not discriminate or retaliate against a female employee in a case that shined a light on gender imbalance and working conditions ...

Fri 27 Mar 15 from Phys.org

Other sources: Phys.org, Gizmodo, The Verge, USA today (3), CNET (3) show all (9)

Huawei reports 2014 profit up 33 percent

Huawei Technologies Ltd., one of the world's biggest makers of telecommunications equipment, said Tuesday its 2014 profit rose 33 percent, helped by strong sales of smartphones.

2 hours ago from Phys.org

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Apple CEO Tim Cook plans to give away most of his fortune

Apple CEO Tim Cook is joining a long list of magnates promising to give away most of the wealth that they amass during their careers.

Fri 27 Mar 15 from Phys.org

Other sources: Phys.org, Ubergizmo, The Verge, Engadget, CNET show all (7)

BlackBerry tops 4Q profit forecasts

BlackBerry posted a surprise profit in the fourth quarter, but saw a sharp drop-off in revenue.

Fri 27 Mar 15 from Phys.org

Other sources: Phys.org, HotHardware, CNET (2), USA today, Reuters Technology show all (6)

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