SEC Filings - News, Features, and Slideshows

News

• Microsoft will let shareholders nominate board members

  Microsoft added a provision to its bylaws Friday that allowed shareholders with a significant stake in the company to directly nominate up to two candidates to its board of directors.

• Twitter CEO, Dick Costolo, steps down

  Embattled Twitter CEO, Dick Costolo, will be leaving the social networking company on July 1, according to an SEC filing the company made public on Thursday.

• Twitter CEO Dick Costolo steps down

  Embattled Twitter CEO Dick Costolo will be leaving the social networking company on July 1, according to an SEC filing the company made public Thursday.

• Fitbit's IPO filing shows a strong pulse

  Fitbit, the maker of wearable activity trackers, has filed to go public and revealed some strong sales numbers in its pitch.

• As Box's IPO looms, so do its challenges

  The road to an initial public offering is rarely smooth for any company, but it's fair to say that Box's journey has been one of the bumpier ones. Though it filed plans to go public early last year, it wasn't until this week that the milestone finally come into view. In the meantime, Box's challenges have only intensified.

• CSC pays $190M to settle 4-year-old accounting fraud case with SEC

  IT services company CSC will pay US$190 million to settle a case brought by the U.S. Securities and Exchange Commission over four-year-old charges that it violated U.S. antifraud, reporting, and books-and-records laws. The company did not admit guilt, but has promised not to violate those laws in future.

• Microsoft closes the book on its Nook partnership with Barnes & Noble

  A Nook deal Microsoft and Barnes & Noble struck with much fanfare less than three years ago has deflated, after failing to achieve its lofty goals in the e-reader market.

• Alibaba's IPO could be 'open sesame' for global expansion

  Alibaba, an e-commerce giant in China, wants to make new friends in the U.S. Especially friends with money.

• Chinese e-commerce giant, Alibaba, seeks up to $US21 billion in US IPO

  Alibaba is looking to raise as much as $US21 billion in its U.S. IPO, according to documents filed Friday, making the Chinese e-commerce company's debut one of the largest initial public offerings in U.S. history.

• Google plans international acquisitions worth up to $30B, it tells SEC

  Google plans to spend US$20 billion to $30 billion of its of its accumulated international profits to fund potential acquisitions of non-U.S. companies and technology rights.

• Lawson Software founders settle insider trading charges with SEC

  Three founders of Lawson Software have agreed to pay about US$5.8 million to settle insider trading charges in connection with Infor's 2011 acquisition of the company.

• Alibaba's business model and the Chinese market make its IPO hot

  Alibaba Group is the e-commerce player from China that you may have never heard of. But it's set to make one of the biggest initial public offerings in the U.S., possibly raising over US$20 billion, analysts say.

• Salesforce.com to spend nearly $700 million to expand headquarters

  Fast-growing cloud software vendor Salesforce.com is planning to expand its San Francisco headquarters by more than 700,000 square feet, taking a 15.5-year lease on a 61-story office building under construction.

• Juniper to lay off more than 500 and close facilities

  Juniper Networks will lay off about 6 per cent of its workforce and back out of application delivery controllers as part of a restructuring intended to cut costs and focus the company on markets where it can grow fast.

• Box to go public, hoping to raise $US250m

  Box, the eight-year-old company that has taken on industry giants to become a leader in cloud storage and file sharing, will seek to raise $US250 million by selling shares publicly for the first time.