Business Briefing
Alibaba Investors Beware of History

Alibaba Investors Beware of History
U.S. investors are clamoring to buy a stake in Chinese e-commerce giant Alibaba, which is launching what may be the biggest initial public stock offering ever. But history is stacked against them.
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Oligarch Buys Russian Social Network
A media company owned by Kremlin-friendly oligarch (and Russia's richest man) Alisher Usmanov has splashed out $1.5 billion to gain full control of Russia's most popular social networking site, VKontakte.
Brocade Adds Mobile Analytics Tools
Network solutions provider Brocade has acquired the network visibility and analytics technology assets of Vistapointe to better serve the needs of its telecom customers and mobile network operators.
Will Apple Tech Kill the Card Swipe?
With the launch of Apple Pay, a digital payment system that lets people pay for retail store purchases using their phones, paying with a plastic credit card may become as rare as paying with a paper check.
Hong Kong Ponders Alibaba IPO Loss
Alibaba's choice of New York over Hong Kong for its blockbuster IPO was a blow for the Chinese financial center. Now, the city's stock market is starting to rethink rules that turned Alibaba away.
Kim Dotcom Gets Political in NZ
Internet Mana party poised to win seats.
Samsung in Vandalism Spat with LG
Claims rival damaged retail products.
Microsoft To Pay $2.5B for Minecraft
Mojang acquires riches, block by block.
23andMe CEO Navigates Regulation
Working to win FDA clearance on tests.
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