Economy

Alibaba IPO Starts at US Securities and Exchange Commission: Valuation $250 Billion or More With Growth Potential in Domestic Market

Alibaba is playing their cards right China's e-commerce giant Alibaba has filed what may be the biggest tech IPO yet. On Tuesday, the Alibaba Group filed its registration documents to go public in the U.

Facebook Beats Twitter and Instagram for Most Popular Social Media Website Among Young Adults

Despite becoming less popular with teenagers, a recent study reveals that Facebook is still the dominant social media platform used by most young adults.

Office Depot to Close 400 Stores After Merger With OfficeMax

Even with increased sales, chain will shutter stores. Office Depot will close 400 stores, including 150 of them this year as the chain continues its merger with OfficeMax.

Oculus VR CEO Brenden Iribe Has Big Plans: Oculus in Age of Facebook at TechCrunch Disrupt NY

Ever since Facebook announced it was buying Oculus VR -- maker of the Oculus Rift virtual reality headset -- some gamers and especially those who backed the company when it was on KickStarter have criticized the company. Oculus VR CEO Brendan Iribe sat down at TechCrunch Disrupt in New York to explain why he thinks the buyout was a good idea, and Latin Post Tech was there to hear it.

iPhone 5S 5C News: Apple Planning 'Enormous' Smartphone Event at Stores This Week

Company wants to boost iPhone sales. Apple is planning to hold a huge iPhone event this week in order to boost sales of its iPhone 5. On May 8, Apple will begin to contact upgrade-eligible iPhone users with older models of the phone to come into the store to update to the iPhone 5s or 5c.

Google Maps App for iOS and Android: Is Apple Maps in Trouble After Latest Update?

If you’re using a mapping application on your smartphone than chances are its Google Maps. If you use a mapping application on your smartphone, chances are it's Google Maps.

Colombians Launch Social Media Movement to Correct Misspellings of Country's Name

Imagine a spelling bee where the contestant is asked to spell the South American country Colombia and he or she spells "C-O-L-U-M-B-I-A." If you're not Colombian, it may seem like just a harmless mistake from a middle schooler. Now imagine a top executive at a major company or an A-list celebrity or professional athlete with millions of followers on social media who tweets about Colombia with a "u." How do Colombian affiliates, investors, Latino audience or fan base feel about that?

Oculus VR John Carmack Accused by ZeniMax After Facebook Acquisition: Developer Code, Technology IP and Headset Patent Create Controversy

Oculus maintains its innocence Oculus VR is embroiled in some controversy after the accusation of ZeniMax that Oculus Stole the VR Technology from Fallout and Elder Scrolls, ZeniMax's parent company.

Why You Should Remain Long on Apple (AAPL) Amid Buybacks, Stock Split: iPhone 6 Launch at WWDC, New iPad, RBC Raises Target Price

Apple has seen the most trading recently As the share of Apple stock continues to gain value, RBC Capital Markets has been signaled to again raise the price target on the iPhone maker for the second time in the same number of weeks.

Bill Gates Supports Microsoft Xbox Spinoff: Aims to Combine PC, Windows Phone 8 Platform Gaming, No Handheld Device Plans Yet

Microsoft is trying to develop a corporate strategy for gaming Rumors surrounding the probability that Microsoft will allow an Xbox spinoff have been going on for years.

Big Banks Including Credit Suisse Targeted for Illegal Tax Shelters: US Attorney General Eric Holder Says 'Too Big to Jail' Is Untrue

This could be the first time a major bank gets punished U. S. Attorney General Eric Holder warned big banks that they are not immune from potential criminal charges and other suits, saying in a video that no company is "too big to jail.

Coke, Pepsi Changing Drinks by Removing BVO: Brominated Vegetable Oil Brings Out Fruit Flavors, Is Banned in Europe and Japan

Your drink might taste different now The two biggest players in the soft drinks industry are being shoved into the spotlight with the news that their beverages contain the controversial ingredient brominated vegetable oil (BVO).

How Twitter and Amazon Change the Way You Shop: #AmazonCart Hashtag Saves Product on Social Media to Your Shopping Cart

The two companies have teamed up to make shopping via social media easier Twitter and Ama­zon are teaming up to provide something called Now Commerce, where shopping and social media are brought closer to consumers.

Target CEO Steinhafel Resigns, Replaced by CFO Mulligan

Target CEO and chairman Gregg Steinhafel announced his resignation from the company Monday effective immediately, marking the latest and most prolific casualty stemming from last year's data breach.

Hispanics in Philanthropy's HIPGive Contest Invites the Latino Community to Become Philanthropists and Givers

The HIPGive contest, which merges technology and traditional philanthropy, is one of the biggest endeavors launched by the Latino charity juggernaut Hispanics in Philanthropy. The organization is widely recognized for growing a robust network of leaders, givers and members, all with an agenda that includes empowering and advocating for Latinos over a 30-year history of giving. Headed by HIP President Diana Campoamor, HIP has raised $45 million to fund emerging Latino and Latin American nonprofits and has found more than 170 benefactors to match funds, boosting HIP's impact.

One Direction Tours, Songs, and News Update 2014: Popular Band Is Reportedly Planning to Sue 'One Erection' Condom Brand

One Direction is reportedly considering taking legal action against an American condom brand for ripping off their band name.

Target Store Data Breach Fallout: Chief Executive Gregg Steinhafel Resigns Following Data Breach

Target announced Monday that the company's CEO has resigned. The chairman and chief executive of Target resigned Monday following steps taken by the major corporation to rebound from last year's massive data breach that exposed costumer information.

¡HOLA! TV Launches With DirecTV: First US Television Deal Months After Latin America Debut

A lifestyle and reality channel for Spanish-speaking television viewers has made its way to DirecTV.

Macbook Pro Retina vs. MacBook Air 2014: Apple Slashes Prices on MacBook Air; Battery Is Upgraded Too

Apple slashed prices on its MacBook Airs by at least $100 last week. This is perhaps the best upgrade loyal Apple users could have asked for.

Apple iWatch Will 'Stay Under Wraps' at WWDC Conference: Release Date Still on Track for This Year

Apple iWatch Delayed or Cancelled? Product Won't Be Shown at Annual WWDC Conference Apple's WWDC Conference is the Super Bowl of tech pressers.
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