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VC Fred Wilson: By 2020 Apple Won’t Be A Top-3 Tech Company, Google And Facebook Will

Fred Wilson of New York’s Union Square Ventures, one of the top tech investors around, believes that by 2020, the biggest tech company in the world — Apple — will cease to be the most important, and won’t even be in the top three.<p>Speaking at today’s TC Disrupt conference in NYC, he predicted that …

Weibo IPO could value 'Chinese Twitter' at $4bn

Social network Weibo sets target range for Nasdaq listing at between $17 and $19<p>Weibo, China’s answer to Twitter, has set the target range for its initial public offering at between $17 and $19, putting it on course to raise $437m and hit a $3.9bn valuation.<p>The social network, which is used by 129m …

Opower IPO: A strong debut, up over 20 percent by the afternoon

Energy software company Opower started trading on the New York Stock Exchange on Friday morning starting at $25 per share, a significant jump from …

Facebook shares jump after 2013 financial results

The social giant's shares jump to US$62 on the back of record profits, while Zuckerberg lays out ambitious plans for the company.

Tesla takes on China with aggressive Model S pricing

China could prove to be a market of huge importance for Tesla. So as the company prepares to bring its Model S to the People's Republic, it's taking a bold and unconventional approach on pricing. For the Chinese market, the Model S will cost ¥734,000 — or about $121,000 according to today's …

The Return Of The Hot IPO: FireEye And Rocket Fuel Shares Explode

The initial public offerings of FireEye and Rocket Fuel exploded on Friday as investors seemingly transported back to 1999 and furiously bid up the shares of the two companies.<p>Shares of FireEye, a seller of cybersecurity software, soared by 100% in morning trading, while shares of Rocket Fuel, an …