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Square Inc IPO to value company at up to $4.2 billion

(Reuters) – Mobile payments company Square Inc, headed by Twitter Inc Chief Executive Jack Dorsey, said it expects its initial public offering to price at between $11 and $13 per share, valuing the company up to $4.2 billion. The San Francisco-based company said in a regulatory filing on Friday it would sell 25.7 million Class A common shares, while selling stockholder Start Small Foundation, a charitable fund created by Dorsey,

EU aims to seal data transfer deal with U.S. in three months

By Julia Fioretti BRUSSELS (Reuters) – Discussions on a new data transfer pact with the United States should be concluded within three months, the European Commission said on Friday, after a top European Union court struck down the previous agreement on concerns over American spying. The highest EU court last month ruled that Safe Harbour, a system that for 15 years has helped companies to avoid cumbersome checks to transfer

EU aims to seal data transfer deal with U.S. in three months

By Julia Fioretti BRUSSELS (Reuters) – Discussions on a new data transfer pact with the United States should be concluded within three months, the European Commission said on Friday, after a top European Union court struck down the previous agreement on concerns over American spying. The highest EU court last month ruled that Safe Harbour, a system that for 15 years has helped companies to avoid cumbersome checks to transfer