Roundup: EBay’s Whitman to retire, Facebook-Nokia, Yahoo’s layoffs, more

Roundup: EBay’s Whitman to retire, Facebook-Nokia, Yahoo’s layoffs, more

1. EBay CEO Meg Whitman prepare to retire
2. Open Source revolution continues, with Intel
3. Microsoft purchases virtualization co., Calista
4. Cleverset, software recommendation co., sold
5. Yahoo has some small layoffs coming
6. Facebook-branded Nokia handsets?
7. LifeLock, anti-credit fraud co., gets $25M
8. Online ad co., Spotrunner, draws buzz
9. Jobs snubs both Amazon and Google
10. Coventi Pages gives up the ghost
11. Singapore opens search engine contest

EBay chief exec Meg Whitman is preparing to retire — Whitman, the most visible female… Continue Reading

Drug maker Affymax to issue shares, despite doubling losses

Affymax, a Palo Alto biotech company that makes synthetic peptide-based drugs to treat kidney diseases and cancer, is planning an initial public offering it hope could bring it as much as $84 million.

Its lead product, Hematide, is in Phase 2 trials in patients with anemia due to chronic kidney disease. The drug is also being tested to treat anemia in patients undergoing chemotherapy for cancer. The company has said it expects to sell 3.5… Continue Reading