Technology Report: Alibaba files for what may be biggest tech IPO

	Click to View in Browser 05/7/2014 Alibaba files for what may be biggest tech IPO SAN FRANCISCO (Reuters) - Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public offering (IPO) prospectus filed on Tuesday, the first step in what could be the largest technology debut in history. AOL first-quarter profit misses estimate; shares tumble 22 percent (Reuters) - AOL Inc on Wednesday reported its quarterly profit fell, missing expectations as it sheds businesses and upgrades its advertising operations, sending its stock tumbling 22 percent. 'Candy Crush' maker King serves up bittersweet results, shares fall (Reuters) - King Digital Entertainment Plc's stock plummeted more than 13 percent on Wednesday as signs that the company may be losing steam overshadowed better-than-expected quarterly results from the maker of hit mobile game "Candy Crush Saga." Cognizant says Obamacare to weigh on sales this quarter (Reuters) - Technology outsourcing company Cognizant Technology Solutions Corp said growth in its North America healthcare business would remain slow this quarter due to lower spending by customers adjusting to U.S. healthcare reforms. Vodafone begins arbitration against India in tax dispute NEW DELHI (Reuters) - Vodafone Group Plc has begun an international arbitration against the Indian government in a more than $2 billion tax case, toughening its stance in a long-running dispute that has dented foreign investor sentiment. Deutsche Telekom's Slovak unit posts slight rise in first-quarter revenue, profit down PRAGUE (Reuters) - Deutsche Telekom subsidiary Slovak Telekom reported a 2.4 percent rise in first-quarter revenue to 196.9 million euros, helped by an increase of mobile data income, it said on Wednesday. Sweden's Tele2 calls on Croatia to reconsider hike in annual licence fee ZAGREB (Reuters) - Swedish telecom operator Tele2 urged the Croatian government on Wednesday to reconsider its plan to triple the annual radio frequency licensing fees levied on mobile network operators, saying it could seriously harm business climate in the newest European Union member. Huawei seeks to move up smartphone food chain with new Ascend P7 PARIS (Reuters) - China's Huawei Technologies launched its second flagship smartphone, the Ascend P7, on Wednesday as part of its effort to crack the upper tier of the mobile market where Apple and Samsung still rule. HP to invest over $1 billion in open-source cloud computing (Reuters) - Hewlett-Packard Co said it plans to invest more than $1 billion over the next two years to develop and offer cloud-computing products and services. Alibaba's deal-making ripples across Silicon Valley SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd may be making its debut on Wall Street later this summer, but it's certainly no stranger to the investors of Silicon Valley. Related Video International Space Station captures new HD images of Earth Alibaba files to go public Mediafile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend