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Alexei Oreskovic

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China’s Sina Corp. to Monetize Popular Micro-Blogging Site Weibo

Sina Corp., China's largest Internet portal, is looking to monetize its highly popular microblogging service, Weibo, sometimes called China's Twitter, after profit fell 60 poercent in the second quarter.

Twitter securing $100 mil investment

Twitter is close to securing as much as $100 million of new capital from mutual fund giant T. Rowe Price, private equity firm Insight Venture Partners and five other investors, the Wall Street Journal reported on Thursday.

Twitter funding would value it at $1 bil

Twitter is closing a round of funding that will value the company known for its 140-character, stream-of-consciousness blogs at $1 billion, technology news site TechCrunch reported on Wednesday.

Google takes aim at Microsoft

Google Inc plans to attack Microsoft Corp's core business by taking on the software giant's globally dominant Windows operating system for personal computers.