Dell’s cybersecurity unit SecureWorks files for IPO
(Reuters) – Dell Inc's cybersecurity unit SecureWorks Corp filed for an initial public offering with U.S. regulators on Thursday
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Property management software maker AppFolio files for IPO
Morgan Stanley, Credit Suisse, Pacific Crest Securities and William Blair are underwriters to the IPO. The California-based company, whose investors include BV Capital and IGSB, provides software to small and medium-sized property managers and also offers legal software for small law firms under the brand “MyCase”.
Read moreAT&T working on exclusive content for connected cars
By Malathi Nayak NEW YORK (Reuters) – AT&T Inc is gearing up to bring connected car users exclusive content such as videos and games that can be streamed onto personal mobile devices later this year, AT&T's senior vice president of emerging devices Chris Penrose said.
Read moreSoftware developer Apigee Corp files for IPO
(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 moreChinese military denies role in reported U.S. hacking
China'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 moreCybersecurity company Novetta Solutions up for sale: sources
Novetta Solutions LLC, a provider of software and IT services to the U.S. intelligence community, is exploring a sale which could value it at more than $650 million, including debt, according to people familiar with the matter.
Read moreBritain’s Sainsbury’s joins click-and-collect shopping revolution
Sainsbury’s will offer online shoppers the option of picking up orders in store, years after the service was introduced by rivals Tesco and Asda, upping the stakes in Britain's brutally competitive grocery market.
Read moreAfter record IPO, Alibaba eyes first bond sale
By Danielle Robinson NEW YORK (IFR) – Chinese e-commerce giant Alibaba will sound out investors next week in Asia, Europe and the US as it mulls its first bond ever, just two months after the company's record-breaking IPO. Alibaba, which this week logged US$9 billion of sales on a single day, will kick off a roadshow in Boston and Hong Kong on Monday for what will surely be one of the most sought-after bond offerings of the year.
Read moreEU mulls conferring binding powers on body of data privacy regulators
By Julia Fioretti BRUSSELS (Reuters) – A new body of European data protection authorities could have the power to adopt legally binding decisions in cross-border disputes over a company’s misuse of personal data, according to a draft document seen by Reuters. Under a mechanism originally proposed in reforms of Europe’s data protection laws, businesses operating across the 28-nation European Union would have to deal only with the data protection authority in the country where they are headquartered – even if alleged mishandling of data affects citizens in another country.
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