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Alibaba-backed Baozun rises in debut after pricing below expectations

(Reuters) – Shares of China’s Baozun Inc, nearly one-fifth-owned by Alibaba, rose as much as 13 percent in their debut on Thursday, valuing the e-commerce services company at up to $548.3 million. Source
Posted On 22 May 2015

Carmakers team up with General Atlantic to bid for Nokia map firm: sources

FRANKFURT (Reuters) – Germany’s premium carmakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to increase their firepower to acquire Nokia’s mapping unit HERE, according to two people familiar with the matter. Source
Posted On 22 May 2015

HP forecasts split-related costs below expectations

(Reuters) – Hewlett-Packard Co , which is in the process of splitting itself, forecast separation-related costs below the expectation of several analysts and reported a better-than-expected quarterly profit. Source
Posted On 22 May 2015

BlackBerry to buy up to 12 million shares for cancellation

(Reuters) – Canadian smartphone maker BlackBerry Ltd said it plans to buy back 12 million shares, sending its stock up nearly 2 percent in extended trading in the United States. Source
Posted On 22 May 2015

Hootsuite says could go public sooner after Shopify IPO success

VANCOUVER/TORONTO (Reuters) – The successful initial public offering of Shopify could prompt Hootsuite, another promising Canadian tech startup, to tap public markets sooner rather than later, its chief executive said on Thursday. Source
Posted On 22 May 2015

Ignition Partners raises $200 million for new venture fund

SAN FRANCISCO (Reuters) – Ignition Partners said it had raised $200 million for a new fund, two years after a major restructuring that created a slimmed-down version of the 15-year-old firm. Source
Posted On 22 May 2015

Russia warns Google, Twitter and Facebook on law violations

MOSCOW/FRANKFURT (Reuters) – Russia’s media watchdog has written to Google, Twitter and Facebook warning them against violating Russian Internet laws and a spokesman said on Thursday they risk being blocked if they do not comply with the rules. Source
Posted On 22 May 2015

Canadian software maker Shopify valued at $2 billion in U.S. debut

(Reuters) – Canadian e-commerce software maker Shopify Inc’s shares rose as much as 69 percent in their U.S. debut, valuing the company at about $2.14 billion. Source
Posted On 22 May 2015

U.S. aims to limit exports of undisclosed software flaws

(This story refiles the May 20 story to change “fund” to “find” in paragraph 13) Source
Posted On 22 May 2015

Alibaba-backed Baozun’s shares seesaw in choppy debut

(Reuters) – Shares of China’s Baozun Inc, in which Alibaba holds a nearly 20 percent stake, traded erratically in their debut on Thursday, sending the e-commerce services company’s valuation seesawing. Source
Posted On 22 May 2015