Home » Posts tagged with "private investors"

Nokia-born startup to launch MeeGo smartphone

HELSINKI – A Finnish startup, formed by former Nokia employees and using technology ditched by the handset maker, plans to launch its first smartphone later this year, entering an already crowded market. The startup, Jolla Ltd, will use MeeGo software, created by Nokia and Intel in 2010-2011, for its products. Linux-based MeeGo has found use in netbooks and car infotainment systems,... 

Facebook sets 38-dollar share price for record IPO

San Francisco (dpa) – Facebook on Thursday finalized the price at which it will offer its shares to the public for the first time on Friday in the largest ever initial public offering for a US technology company. The social networking giant said its eagerly anticipated IPO would be priced at 38 dollars per share – at the top end of the trading range announced earlier in the... 

Gov’t plans modern Metro terminals

Manila, Philippines – The government is seeking private investors to help in the establishment of two modern transportation terminals in north and south Metro Manila to provide efficient and seamless travel of people and goods. President Benigno S. Aquino III has designated Transportation and Communications Secretary Manuel A. Roxas II to lead a new inter-agency committee that...