Twitter Inc. was valued at almost $10 billion by one of its investors, up about 10 percent from a previous estimate, indicating shares are appreciating ahead of a possible initial public offering for the microblogging service.
For all the concern over cyber warfare and the need to fend off sophisticated state-sponsored hacking attacks, here's a discomforting thought: Apparently all you need to disrupt the world's biggest economy is a stolen Twitter password.
Twitter Inc. is close to reaching partnerships with television networks that would bring more high-quality video content and advertising to the social site, according to people familiar with the matter.
Rupert Murdoch and his son James told U.K. lawmakers that resolution of a phone-hacking scandal at News Corp.’s British unit was delayed because they relied on a clean bill of health from the law firm Harbottle & Lewis LLP.
Sony Corp., trying to reverse sales declines in its TV division, will announce home-entertainment devices next month that use Intel Corp. chips and Google Inc. software, said two people familiar with the matter.
The Canadian government won’t review the sale of Nortel Networks Corp. patents under the country’s foreign-investment law, clearing the way for a group led by Apple Inc. to complete the $4.5-billion deal, Industry Minister Christian Paradis said yesterday.
Twitter Inc. expects to generate at least $1 billion in sales in 2014, two people with knowledge of the matter said, indicating that the blogging service will grow about twice as fast as some analysts now predict.