Business News, page 2

Megaupload was working on IPO prior to shutdown

Before Megaupload was shut down by the United States government, the company was preparing to go public and enter the U.S. stock market with a multi-billion dollar initial public offering, TorrentFreak reported on >>

AOL sells 800 patents to Microsoft in $1 billion deal

AOL and Microsoft on Monday announced an agreement in which the software giant will purchase 800 patents from AOL in a $1.056 billion cash deal. Microsoft will also license more than 300 additional >>

Research in Motion loses more senior executives

Research in Motion has lost a number of senior-level executives in recent days amid a broad review of the company’s strategic options, The Wall Street Journal reported on Thursday. Alistair Mitchell, RIM’s vice president >>

Sharp and Foxconn enter into manufacturing partnership

Sharp on Tuesday announced that is has entered into an manufacturing partnership with Foxconn that will see the manufacturing giant take a 10% stake in the Japanese electronics company. Hon Hai has invested nearly >>

Kim Dotcom says U.S. government is wrong about Megaupload

Megaupload founder Kim Dotcom, who was arrested and charged with racketeering, copyright infringement and money laundering in one of the largest criminal cases of its kind, is maintaining his innocence. Dotcom has previously questioned >>

Motorola: No big short-term changes following Google merger

Motorola Mobility does not expect any large changes following Google’s acquisition of the company. Alain Mutricy, Motorola’s senior vice president of portfolio and product management, said interview with Fierce Wireless that the vendor >>