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BEIJING, May 19 (Xinhuanet) -- LinkedIn said Wednesday that its stock will debut at 45 U.S. dollars per share, a higher price than the company was expecting even earlier this week, media reports said.The first major U.S. social networking firm to go public, LinkedIn jacked up its initial public offering (IPO) share price for 7.84 million shares to 45 dollars just a week after it first set a target of 32-35 dollars per share.It minted LinkedIn with a market value of more than 4 billion dollars, the highest for a U.S. Internet company taking its first bow on Wall Street since Google Inc. went public nearly seven years ago.The sale could bring in more than 354 million dollars. The company's shares are expected to begin trading on the New York Stock Exchange on Thursday under the symbol "LNKD".LinkedIn has more than 100 million members in over 200 countries and territories. In 2010, the company made 15 million dollars in profit on 243 million dollars in revenue, according to its SEC filing.LinkedIn's biggest shareholder is its founder and chairman, Reid Hoffman, who owns more than 21 percent of the company.
SAN FRANCISCO, April 25 (Xinhua) -- Oracle Corp. on Monday announced that its co-president Safra Catz is taking the additional position as the software giant's chief financial officer (CFO), following the resignation of its current CFO Jeff Epstein.Epstein was named Oracle's CFO in September 2008, and had reported directly to Catz. Oracle didn't give details about Epstein's departure.Catz joined Oracle in April 1999 and has been its president since January 2004. She previously served as the company's CFO from November 2005 to September 2008."Safra already has the long-standing confidence of our employees, our Board and our shareholders," Oracle's chief executive officer Larry Ellison said in a statement, adding that " there is no more logical choice for CFO.""The CFO function has reported to Safra for a number of years and she's acted as Oracle's CFO in the past. She has the full support of the Board," noted Jeff Henley, chairman of Oracle's board of directors.

LOS ANGELES, May 23 (Xinhua) -- NASA's Gravity Recovery And Interior Laboratory spacecraft (Grail) will begin final preparations for a launch on a Moon mission in late summer, the Jet Propulsion Laboratory (JPL) said on Monday.The dynamic duo will orbit the moon to determine the structure of the lunar interior from crust to core and to advance understanding of the thermal evolution of the moon, according to JPL in Pasadena, Los Angeles.After arriving at the Astrotech payload processing facility in Titusville, Florida last week, the Grail twins, known as Grail-A and Grail-B, were removed from their shipping containers Monday. Later this week, they will begin functional testing to verify their state of health, said JPL.The twins were shipped from Lockheed Martin Space Systems, Denver.Over the next four months at the Astrotech facility, the spacecraft will undergo final testing, fueling and packaging in the shroud that will protect them as the Delta II launch vehicle lifts them into space. The spacecraft will then be transported to the Cape Canaveral Air Force Station for installation atop the rocket that will carry them toward the moon, JPL said."We're only a few full moons away from a mission that will reveal clues not only into the history of the moon and Earth, but will provide important data for future lunar exploration," said Maria Zuber, Grail's principal investigator, based at the Massachusetts Institute of Technology.Grail will be carried into space aboard a United Launch Alliance Delta II Heavy rocket lifting off from Launch Complex-19 at the Cape Canaveral Air Force Station in Florida. The launch period opens Sept. 8, 2011, and extends through Oct. 19. For a Sept. 8 liftoff, the launch window opens at 5:37 a.m. PDT (8:37 a.m. EDT) and remains open through 6:16 a.m. PDT (9:16 a.m. EDT).Grail-A and Grail-B will fly in tandem orbits around the moon for several months to measure its gravity field in unprecedented detail.The mission will also answer longstanding questions about Earth' s moon, and provide scientists a better understanding of how Earth and other rocky planets in the solar system formed, according to JPL, which manages the Grail mission.
BEIJING, Feb. 2 (Xinhua) -- From dumplings in the north and rice cakes in the south, people across China Wednesday overloaded their tables with holiday foods, cheering for the Spring Festival family reunion and praying for a better life in the coming Year of Rabbit.In a remote village in Guizhou Province, villagers were sharing millet cakes and preserved pork as sunshine dispelled cold and sleet, which have plagued China's southwest for a month."This year's Spring Festival is especially cheerful, since our dream of a new home has come true," said villager Zhang Jiuyun.Zhang's home was severely damaged in the snow and sleet disaster, but with the help of local villagers and funds from the government, Zhang built a larger house without spending much money.The Spring Festival is also an important occasion for migrant workers to enjoy family reunions after toiling for higher incomes in wealthy coastal provinces for a year."I've brought back red wine and cookies imported from Italy as gifts for my parents," said Ding Zhenghe, a Shenzhen-based factory owner who has worked his way up from a migrant worker.But Ding said, after years in the modern city, he still yearns for the the food cooked by his mother in the rural home.The Spring Festival, which falls on Thursday, also marks the start of the Year of the Rabbit. It is a time for family dinners, gift giving and fireworks.Nangkun Tashi, a villager in the earthquake-hit Yushu, northwest China's Qinghai Province, celebrated the first Lunar New Year after the disaster with traditional Tibetan food, such as mutton and butter tea.A 7.1-magnitude earthquake jolted Yushu in April 2010, killing about 2,200 people and leaving Tashi's village in ruins.Tashi's family narrowly survived the quake, and have recently moved into a new home, which was provided by the local government two months before.In Zhouqu County, Gansu Province, 990 tons of grains have been delivered to the 473 survivors, who now lived in temporary housing after a massive landslide leveled the county, leaving over 1,500 people dead in August."We are able to hold a celebration, even though we've lost everything in the landslide," said local resident Yao Shelin."We've received flour, cooking oil, and even the wok is a donation," said Yao.
BEIJING, Feb. 21 (Xinhua) -- China's domestic air travelers, as well as international passengers in and out of China, will be the biggest boost to airline industry growth over the next four years, according to an industry outlook report by the International Air Transport Association (IATA) Monday.Of the world's expected 800 million new travelers by 2014, about 181 million new passengers will come from China's domestic air routes, while another 33 million will be passengers flying to or from China via international routes, IATA said.China's 181 million domestic air passengers growth will lift the country's domestic passenger throughput to 379 million by 2014, only behind the United States in the world's aviation traveler volume ranking, according to IATA.The United States will remain the largest single country market for domestic passengers, with 671 million domestic air travelers and international passengers by then, according to IATA's forecast.The world's air travelers will top 3.3 billion by 2014, up by 800 million from the 2.5 billion in 2009, while world air cargo will rise to 38 million tonnes from 26 million tonnes in 2009."The forecast indicates that the world will continue to become more mobile. This creates enormous opportunities but also presents some challenges," Giovanni Bisignani, IATA' s Director General and CEO, said in the outlook report."We will need even more efficient air traffic management, airport facilities and security programs," he said, adding the shadow of the global economic recession is expected to remain over parts of the industry for some time to come.He said lingering consumer debt, high unemployment and austerity measures will dampen growth rates in Europe and North America, shifting the industry's focus eastwards.By 2014, 1 billion people will travel by air in the Asia-Pacific region, accounting for 30 percent of the global total, up from 26 percent in 2009, he added.
来源:资阳报