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Tech Glitches Ground Planes, Freeze the NYSE: This Week's Headlines (VIDEO)
Weekly News Roundup

Tech Glitches Ground Planes, Freeze the NYSE: This Week's Headlines (VIDEO)

Plus: CitiGroup dips its toe in Bitcoin's pond and how Elon Musk's money is being used to protect AI from obliterating humanity.
Tanya Benedicto Klich
NYSE Says Software Problem Led to Trading Outage
Performance Ignited

NYSE Says Software Problem Led to Trading Outage

The nearly four-hour trading halt this week resulted from a technical problem that stemmed from new software rolled out.
Alibaba Shares Soar Amid Record-Shattering IPO
IPOs

Alibaba Shares Soar Amid Record-Shattering IPO

Initially priced at $68, shares of the Chinese tech titan opened at $92.70 this morning in what is officially the largest U.S.-based IPO of all time.
Geoff Weiss
Taking No Chances, NYSE Holds Mock Twitter IPOs
Growth Strategies

Taking No Chances, NYSE Holds Mock Twitter IPOs

The New York Stock Exchange ran three trial IPOs this past weekend, seeking to prevent a repeat of Facebook's glitch-plagued Nasdaq debut.
Brian Patrick Eha