Latest news on ‘Multimedia Secondary’
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Groupon Opens Up 40%
Wall St Journal – Daily deals site Groupon Inc. opened at $28 a share on the Nasdaq, up 40% from its initial public offering price of $20.
Shares were recently changing [...] -
SecondMarket raises $15 million from former Facebook exec
CNN Money – Alternative investing marketplace SecondMarket has raised $15 million — the latest sign of the healthy demand for private tech companies.
SecondMarket raised the money from The Social+Capital Partnership, [...] -
Facebook IPO Valuation Could Top $100 Billion: Sources
CNBC – The social networking giant Facebook will likely go public in the first quarter of 2012, with a valuation that could top $100 billion, according to people familiar with [...]
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Google launches trial of tap-to-pay phone system
NEW YORK (AP) – Google Inc. launched its bid to dominate a world where the smartphone has replaced the wallet as the container for credit cards, coupons and receipts.
It’s a [...] -
Apple overtakes Google as top brand: study
SAN FRANCISCO (MarketWatch) — Apple Inc. moved up to the top spot in a global ranking of brand value this year, replacing Google Inc., which has become Apple’s arch-rival in [...]
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Salesforce.com seeks social media edge with Radian6 buy
Reuters – Salesforce.com’s $326 million purchase of privately held Radian6 will allow the cloud-based software maker help its clients track customer trends on social media sites such as Facebook and [...]
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Amazon to Buy Remaining Shares of Lovefilm to Compete with Netflix Online
Bloomberg – Amazon.com Inc., the largest online retailer, agreed to buy the remaining shares of Lovefilm International Ltd., a U.K.-based DVD and Internet film-rental service, to compete with rivals such [...]
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LinkedIn Said to Hire Banks to Advise on 2011 U.S. IPO
Bloomberg – LinkedIn Corp., the largest networking website for professionals, has hired banks to advise on an initial public offering this year, according to two people familiar with the IPO [...]
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Groupon Files to Raise Up to $950 Million From Preferred Shares
Bloomberg – Groupon Inc., the Chicago-based online-coupon site that spurned a $6 billion offer from Google Inc. this month, has filed to raise as much as $950 million from the [...]
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Your Tweets Could be Worth Millions
CNBC – Starting in February, a group of very bold hedge fund managers are launching a multi-million dollar hedge fund whose strategy relies on one very unusual market indicator: your [...]
