Another Down Day for Apple Shares

The stock is off for the fifth straight session after hitting an all-time high.
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Will CafePress Impress Wall Street in Its Public Market Debut?

CafePress, which can print just about anything on a mug, poster or T-shirt, is now trying to print money.
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How Much Is Apple Worth?

Apple is a juggernaut. Its stock touched $600 on Thursday, which represents $560 billion in market capitalization. Compare this to Exxon Mobil, with a market cap of $400 billion, IBM’s $240 billion and Wal-Mart’s $210 billion. Can Apple really be worth that much?

Japan’s Rakuten Set to Challenge Amazon With Help From Kobo

Who is Amazon’s biggest competitor? It may be a Japanese-based company you’ve never heard of.
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Is Nexon’s Lukewarm IPO Reception a Bad Sign for Zynga?

Is Nexon’s experience of raising $1.2 billion on the Tokyo stock exchange this week a sign of what’s to come for Zynga?
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Zynga’s Valuation Withers 30 Percent Since February

Zynga’s initial public offering remains on track to raise $1 billion, but the social games company may not be worth as much as it was hoping for.
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Zynga Ups the Ante on IPO to Raise as Much as $1.15 Billion

Zynga is officially on its way to IPO-Ville.
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HTC's Net Profit Nearly Triples

HTC Corp. said Friday its first-quarter net profit nearly tripled, driven by strong growth in handset shipments. The Taiwan-based company is now neck-and neck with Nokia Corp. in terms of market capitalization.

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Websense Explores Sale of Company

Web security software company Websense Inc. is exploring a sale with the aid of investment bank Qatalyst Partners, people familiar with the matter said. San Diego-based Websense has a market capitalization of $826 million and could fetch around $1 billion in a sale, these people said.

News Byte

Apple, Microsoft Rubbing Fenders Down the Straightaway

Much note was paid in April when Apple’s market capitalization moved past that of Microsoft, but thanks mostly to some backsliding by Apple, the title of world’s most valuable tech company is still up for grabs heading into earnings week for both. More bragging rights are at stake in the quarterly revenue race, where some analysts think Apple may beat Microsoft for the first time ever.