(Reuters) – Apigee Corp, a developer of software to manage Web applications, has filed with U.S. regulators for an initial public offering, looking to take advantage of interest in companies that offer Internet-related services. Apigee’s filing on Friday comes nearly two months after the successful listing of online storage company Box Inc and a day after Web-hosting company GoDaddy Inc’s proposed IPO valued it at up to $2.87 billion
Read moreChina's Defense Ministry on Friday denied that it had anything to do with a cyber attack on Register.com, a unit of Web.com, following a report in the Financial Times that the FBI was looking into the Chinese military's involvement. “The relevant criticism that China's military participated in Internet hacking is to play the same old tune, and is totally baseless,” the ministry said in a fax to Reuters in response to a question about the story. It is not clear what the Chinese military would be looking for or what it would gain from Register.com's data
Read moreA glitch in the broadband infrastructure of China Unicom Hong Kong Ltd caused a brief but widespread Internet outage in mainland China on Friday, the company said. China Unicom, in a statement on its Weibo microblogging account, said Internet access was disrupted from 1:25 p.m. to 1:45 p.m
Read moreOn Thursday, the Hindustan Times published a photo of dozens of men clambering up the wall of a four-floor test center in Bihar state, perched on window ledges as they folded answer sheets into paper planes flown into classrooms. “Should we shoot them?” asked Prashant Kumar Shahi, Bihar's education minister, addressing a news conference after television news channels aired the incriminating photo and raked up the scandal. Exams held by the Bihar School Examination Board (BSEB) are viewed as make-or-break tests that could transform the lives of millions growing up in poverty.
Read morePolitical leaders of Vietnam’s capital halted the felling of thousands of Hanoi’s trees on Friday after the plan sparked public outrage and fears it would damage the image of one of the world’s most picturesque cities. Social media criticism went into overdrive this week after authorities started cutting down some 500 of the 6,700 trees it considered dangerous in the leafy metropolis often dubbed the “Paris of Asia”
Read moreMUMBAI (Reuters) – Securities and Exchange Board of India (SEBI) Chairman U.K. Sinha said on Friday the capital markets regulator expected to have a new policy for initial public offerings for start-up companies in three to four months
Read moreKey staff members at the U.S. Federal Trade Commission were in favor of suing Google Inc for violating antitrust rules before the agency settled its investigation in 2013, according a confidential report cited by the Wall Street Journal on Thursday. The report by the staff of the FTC's competition bureau argued that the owner of the world's No
Read more(Reuters) – Penn State University’s president says a re-evaluation of the school’s fraternity system may be needed after a fraternity was suspended for posting online photographs of nude women, some of them apparently unconscious. In a statement on Penn State’s website, President Eric Barron said he was “shocked and angered by the apparent disregard for not only the law, but also human dignity.” Barron called the images showing the women naked or partially clothed “highly inappropriate and disturbing.” The Kappa Delta Rho fraternity was suspended as of March 3, accused of hosting private Facebook pages and posting pictures that members took of mostly undressed women who were passed out or sleeping. “This evidence, which is still being gathered by the State College Police, is appalling, offensive and inconsistent with our community’s values
Read moreBy Jussi Rosendahl HELSINKI (Reuters) – Finnish mobile games maker Rovio pinned its hopes on Thursday on a costly 3D movie project helping it return to growth, after a 73 percent profit drop gave the latest sign its mainstay Angry Birds brand is losing appeal. A decline in its business licensing the Angry Birds brand on toys, clothing and sweets is adding to the problems of Rovio, which has yet to repeat the success of its original slingshot-based game which became the No.1 paid mobile app of all time after its launch in 2009
Read moreBy Gerry Shih BEIJING (Reuters) – Chinese telecom giant Huawei Technologies Co Ltd [HWT.UL] became the world's No. 1 applicant for international patents in 2014, a United Nations agency said Thursday, underscoring the innovative strides made by Chinese technology companies. Huawei was followed by San Diego-based chipmaker Qualcomm Inc while Huawei's crosstown rival ZTE Corp, which was the world's leading applicant in 2012, took third place in its number of filings, according to the World Intellectual Property Organization (WIPO).
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