SEC News

Facebook IPO may be delayed until June

Due to a string of acquisitions and other business distractions, Facebook’s multi-billion dollar initial public offering that was rumored to be set for May 17th may be delayed until early or mid-June, according >>

Feds investigating Motorola Solutions for alleged bribery

The U.S. Department of Justice and the Securities and Exchange Commission are investigating Motorola Solutions on suspicion of bribery, The Wall Street Journal reported on Monday. Motorola Solutions, not to be confused with >>

IBM agrees to pay $10 million in bribery case

International Business Machines (IBM)  has agreed to a settlement in a bribery case filed by the Security and Exchange Commission (SEC). The SEC alleges that IBM, through its overseas subsidiaries, bribed Chinese and South Korean government officials with >>

Steve Ballmer cashes in 49 million Microsoft shares

Microsoft has issued a statement describing Steve Ballmer’s plans to sell up to 75 million shares in order “to gain financial diversification and to assist in tax planning”. A sale this large is >>