Reuters News

(Reuters) – Eloqua Limited, which provides revenue performance management (RPM) software solutions, filed with regulators to raise up to $100 million in an initial public offering of its common stock. In a filing with the U.S. Securities and Exchange Commission on Wednesday, the company — which uses its proprietary Eloqua platform as a software-as-a-service platform […]

(Reuters) – Cerberus Capital Management LP’s deal to buy 64 hotels from bankrupt Innkeepers USA Trust could still go forward, but at a lower price, two sources familiar with the situation told Reuters. Cerberus and joint venture partner Chatham Lodging Trust, which on Friday terminated a deal to buy the hotels for $1.12 billion, could […]

(Reuters) – No. 1 daily deals website Groupon Inc is turning to executives from Citydeal — the European business it bought last year — to help boost slowing growth in its domestic business, ahead of a planned public listing. The company appointed Christopher Muhr as its sales chief, taking over from Darren Schwartz, a source […]

(Reuters) – Facebook is making it easier for users to control who sees their information, and to have more say over the photographs they appear in, as the world’s No. 1 social networking service seeks to assuage privacy concerns. The changes will enable Facebook’s 750 million users to quickly access and modify their privacy settings […]

(Reuters) – Chatham Lodging Trust and Cerberus Capital Management LP CBS.UL said on Monday they had ended their $1.1 billion commitment to buy 64 hotels owned by the bankrupt Innkeepers USA Trust. The real estate investment trust and the investment company cited the occurrence of a “material adverse” condition for pulling out of the deal. […]

(Reuters)- The sudden demise of Hewlett-Packard Co’s WebOS TouchPad after just seven weeks on shelves was a reminder of how tech giants have failed so far to take a bite out of Apple Inc’s iPad. The TouchPad joins Dell Streak 5 in the tablet graveyard and weak sales for many offerings suggest others are bound […]

(Reuters) – Facebook finally has a serious competitor. At least, that’s what social-media investor Sergio Monsalve thinks. Venture capitalists such as Monsalve see early signs that Google+, which has picked up more than 25 million users since launching in June, is headed down the right path. Google Inc’s infant social network, which counts Facebook CEO […]

(Reuters) – Technology company Apple is now worth as much as the 32 biggest euro zone banks. That’s the stark result from a steep fall in the share price of banks including Spain’s Santander, France’s BNP Paribas, Germany’s Deutsche Bank and Italy’s Unicredit, compared to a steady rise in Apple’s valuation, according to Thomson Reuters […]

(Reuters) – Hewlett-Packard Co is close to a deal to buy British software company Autonomy for $10 billion and will announce on Thursday a long-rumored spinoff of its PC division, the world’s largest, two sources familiar with the company’s plans said. Shares in HP, a storied Silicon Valley icon that dominates the personal computing industry, […]

(Reuters) – Apple Inc, Nokia and Qualcomm Inc are among several technology companies pondering bids for InterDigital Inc, sources familiar with the situation said. The auction of the wireless telecommunications specialist — expected to be heavily contested as giant tech companies fight to shore up patent portfolios — will be postponed from next week until […]