European technology companies looking to go public usually desert their home turf and head to the U.S. — creating an echo chamber that has made some local investors angry. Now reports suggest that the British government may be trying to reverse that trend. Can it work? Read more »
A lot of hopes were riding on Facebook having a superstar IPO, including the hopes of venture investors that it would help trigger a wave of interest in other social-web companies, which could then also go public. But now those rosy assumptions are in question. Read more »
Neil Rimer of Index Ventures thinks one of the big problems for European startups — the lack of local exit opportunities — is all of its own making. But who has the guts to take up his challenge and go public in London? Read more »
Another Russian company looks set to list on the London exchange — this time the country’s second-largest mobile operator, MegaFon. It follows Mail.ru, which used London to become a real force in the technology industry. What makes the British capital so alluring? Read more »
In 2012, the next big thing will be what we do with iPads in the office. Here are a few interesting iPad apps that give us new ways to gather, absorb and manipulate data necessary to get our jobs done. Read more at GigaOM Pro »
Even after it goes public, Facebook will still be controlled single-handedly by CEO Mark Zuckerberg through a special class of stock and voting agreements. In other words, while you may own stock in the company, you will have virtually no say in what happens to it. Read more »
In a note to investors today, Sterne Agee’s Shaw Wu discussed his company’s expectations for Apple’s earnings call Tuesday afternoon, which were up once again from earlier predictions. Wu’s revised estimate joins a chorus of rosy outlooks about the Mac-maker’s performance. Read more »
How’s this for a happy Thanksgiving present? Groupon’s stock price sank Wednesday to the lowest point since its initial public offering earlier this month, closing at $16.96 a share, well below its $20 IPO share price — sparking pre-holiday buzz (and Schadenfreude) in tech and finance circles. Read more »
Proving that virtual currency can be worth a good amount of real-life cash, social stock market Empire Avenue has landed $1.2 million in funding. Empire Avenue serves a unique and somewhat controversial purpose: It’s a stock market that puts a price on people instead of companies. Read more »
Apple surpassed Exxon Mobil Corporation to become the company with the highest market cap after trading on Wednesday. It’s an achievement that comes as the result of a long, steady climb for Apple, aided in no small part by the iPhone and the iPad. Read more »
The recent volatility in the stock market has had strong effects on many publicly traded companies, and private firms aren’t exactly eager to join their ranks. Five of the 12 companies expected to price IPOs this week have decided to postpone their public market debuts. Read more »
The stock market’s ongoing sell-off has many people wondering whether the wave of tech company initial public offerings will soon sputter to a stop. But some financial industry experts say the current market volatility does not necessarily mean that the IPO window is closed. Read more »
The tech industry’s public market newcomers LinkedIn, Pandora and Zillow have become some of the hardest hit stocks in the ongoing stock market tumble. Could this halt the ongoing initial public offering wave that has been building in the tech industry for several months? Read more »
Tech stocks are being punished by the downgrade to America’s triple-A credit rating, with leaders like Apple, Google, Cisco and HP taking it on the chin. Debt concerns and fears for the global economy are dragging down stocks, particularly tech shares that have been performing well. Read more »
Apple investors rejoice: The company’s stock closed at an all-time high Tuesday. Shares of the iPhone and iPad maker hit $400 a few times Monday but closed at $398.50. Tuesday shares opened at the $400 mark and actually peaked in the morning at $404.48. Read more »
Zillow, the real estate search website, has priced its initial public offering at $20 per share. The stock will begin trading under the single-letter ticker symbol “Z” on the Nasdaq exchange on Wednesday morning. Zillow will raise a total of about $75 million in the IPO. Read more »
Analysts at Wall Street’s major financial firms initiated wholesale coverage of LinkedIn on Tuesday, putting forth their opinions of the company’s future growth prospects and estimates for how the stock should perform. Wall Street’s predictions for LinkedIn, in a word? Bullish. Read more »
If a bill being proposed by a group of senators makes it through Congress, Facebook and many other high-profile technology stocks may never have to go public at all. That might make CEOs like Mark Zuckerberg happy, but it could also derail the tech-IPO train. Read more »
If Twitter can help you figure out which movie to see, can it also help predict which stocks will rise or fall? A German PhD student says his analysis shows it can, and he has set up a website to put his theories to the test. Read more »
According to an article in the Wall Street Journal on Saturday, Steve Jobs is still very much involved in the activities of Apple, and in fact still provides most of the vision, direction, and general control of the company. The WSJ cites people “familiar with the […] Read more »
