sourcingfocus.com News
Facebook Floats
The world's biggest social network is expected to seek a $75 billion to $100 billion valuation in its IPO, the most anticipated stock offering from Silicon Valley since Google Inc went public in 2004.
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VeriSign Acknowledges Multiple Security Breaches
VeriSign has acknowledged that it was hacked "repeatedly" by external entities who stole undisclosed information.
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SAP Delay Buyback
SAP delay buyback until SuccessFactors loan repaid
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Sony Warns Huge Annual Loss
Sony has warned it is heading for a bigger-than-expected ¥220bn (£1.8bn) annual loss, presenting a daunting task for incoming chief executive Kazuo Hirai, who has vowed to move quickly to turn things around.
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Commodities Trader Glencore in Talks to Buy Mining Group Xstrata
Commodities trader Glencore is in talks to buy mining group Xstrata in an all-share transaction that could create a combined group worth more than 50 billion pounds ($79 billion), shaking up the industry with its biggest deal to date.
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