Square on Wednesday announced that it had registered with the Securities and Exchange Commission for its long-expected initial public offering. A startup that specializes in electronic payments, Square has been operating in the red. It plans to raise up to $275 million in its IPO, it disclosed. However, market conditions currently are not considered very favorable for IPOs. Square's new...
Six major high-tech firms have agreed to toss out the no-solicitation agreements they had reached concerning competitors' employees. The secret anti-trolling agreements came to a voluntary end on Friday as the Department of Justice announced a settlement with Adobe, Apple, Google, Intel, Intuit and ...
In The Rise of the Creative Class, author Richard Florida describes his theories on how creative communities grow around two groups of people: 1) artists, media workers, and other classically bohemian sorts; and 2) university professors, service providers, and other highly educated professionals. O...
The Walt Disney Co. will pay US$7.4 billion to buy Pixar, the groundbreaking animation studio co-founded by Apple CEO Steve Jobs. The deal is noteworthy not only for the potential future benefits entailed in an Apple-Hollywood link, but also because it immediately vaults Disney back to the top of th...
Last week, Apple's iTunes Music Store sold five times as many songs as the newly reborn Napster service. According to SoundScan, iTunes accounted for about 80 percent of all legally downloaded music files during the week. And at an analyst meeting Wednesday night, Apple CEO Steve Jobs commented that...
Apple's new iTunes Music Store features flat 99-cent per-song fees and few restrictions on usage once a song is downloaded. By putting itself at the forefront of digital music distribution, Apple could well become a powerhouse in this still-nascent e-commerce space. Will iTunes catapult Apple toward...
Accessibility of service
Convenience in any situation
Cost-effectiveness
Eco-friendliness
No need for parking
Safe ride when having too much fun
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