NEW YORK (
) -- Business-oriented social network
Thursday. The business social network, based in Mountain View, Calif., priced its IPO at $45 per share, the top of its expected range.
is in the process of signing music licensing agreements with several labels, including Universal Music Group and Sony Music Entertainment, for its cloud music service, according to
. The Cupertino, Calif.-based company has already signed deals with EMI Music and Warner Music Group, the report said.
Shares of Apple increased 0.5% in pre-market trading Thursday to $341.59.
is facing a lawsuit from eight New York residents, who accused the Chinese search giant of censorship and violating the U.S. Constitution. According to the complaint, Baidu censors pro-democracy content and affects searches within the U.S.
Shares of Baidu rose 0.7% in pre-market trading Thursday.
Popular smartphone and mobile device game
has been downloaded more than 200 million times, its developer,
, said. The game runs on operating systems including Android, iOS and
Mobile ad network
is in discussions with bankers about an initial public offering, according to
. The offering could value the company between $700 million and $1 billion, the report said.
--Written by Olivia Oran in New York.
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