Qihoo Goes Private For $9.3B, Joining Other Chinese Firms That Have Delisted From The U.S. Stock Market

 Qihoo, a Beijing-based developer of security software and Internet browsers, announced on Friday that it will go private in a deal worth $ 9.3 billion. As Reuters notes, this makes Qihoo the latest in a growing list of U.S.-listed Chinese… Continue Reading

VMware Reports Q3 Sales Of $1.67B, Stock Drops After Dell Offers $67B For EMC

 Alongside the not-unexpected news that Dell would acquire EMC in a record $ 67.1 billion deal, EMC-controlled VMware released an early look at its Q3 results: the virtualization giant said it expects to post $ 1.672 billion in sales, with non-GAAP net income of $ 1.02/share. The market,… Continue Reading