Take Two

News and culture through the lens of Southern California. Hosted by Alex Cohen & A Martínez

Alibaba IPO could mean good news for California-based tech giant

by Take Two

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The webpage of Alibaba.com is seen on a laptop computer screen in Hong Kong on February 22, 2012. The share price of Chinese online shopping portal Alibaba.com soared in Hong Kong after its parent company said it plans to take the company private for 2.3 billion USD. AFP PHOTO / AARON TAM (Photo credit should read aaron tam/AFP/Getty Images) AARON TAM/AFP/Getty Images

Now to the big news in the tech world, the Alibaba IPO. The Chinese e-commerce company filed the paperwork yesterday. This could be the biggest tech IPO ever. But it's not just the Chinese company that could make tons of money.

There are U.S. companies ready to profit too, including one California-based tech giant. Brian Womack from Bloomberg News joins Take Two for more. 

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