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Policy: Technology

Weibo is just a half-Twitter as IPO seen fetching 18 times sales

By Bloomberg News | 04/16/14 12:47 PM

Weibo's done half the job that Twitter has in turning its microblogging users into earnings. That may explain why the Chinese company is seeking as little as half the valuation in its initial public offering.
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Court rejects bankruptcy protection for Mt. Gox

By YURI KAGEYAMA | 04/16/14 10:00 AM

TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application. Mt. Gox said Wednesday the Tokyo District Court decided the company, which was a trading platform and storehouse for the bitcoin virtual currency, would...
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San Francisco considers ending rental ban

04/15/14 09:30 PM

SAN FRANCISCO (AP) — San Francisco lawmakers are considering making it legal for city residents to rent out their homes on sites such as Airbnb, but only if they have liability insurance and meet other requirements, a newspaper reported. Supervisor David Chiu introduced legislation Tuesday...
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