Over the last couple of years, Corsair has been going on a bit of an acquisition spree, picking up Elgato, Origin PC and most recently, SCUF Gaming. Now with all of those additional revenue generators under its belt, it looks like Corsair will be going public, meaning stock in the …
Read More »Dell reportedly considers IPO in bid to go public once again
Five years after going private and three years after conducting one of the biggest takeovers the tech industry has ever seen, Dell is looking to make itself public once again. This change will now kick off with an initial public offering (IPO), an idea that was initially mulled over earlier …
Read More »Kodi piracy boxes prompt investigation and consultation by IPO
The UK's Intellectual Property Office (IPO) is launching an investigation and consultation on how best to tackle the problem of Kodi boxes, the set-top devices that allow Netflix-like access to pirated content. While a seller of those media streamers was arrested back in 2016, rights holders argue that Kodi piracy …
Read More »Snapchat tempers valuation ahead of IPO – targets $20+ billlion
Snapchat has released a more cautious valuation than expected ahead of its planned public offering and a key investor roadshow set to take place in London on Monday, 20th February. While expected to pitch itself at as much as $25 billion, it instead suggested the company was worth somewhere between …
Read More »Snapchat IPO could see company valued at $25 billion
Snapchat has released details of its plans for its initial public offering (IPO), which if successful as analysts claim, could see it valued at more than $25 billion. This would cement it as one of the world's leading technology firms and provide its founder, Evan Spiegel, with enough funds to …
Read More »Snapchat’s rumoured IPO could value it at $25 billion
Snapchat, the company that turned down three billion dollars in Facebook money just three years ago, is now readying itself for a public offering, which could see the company valued at $25 billion (£20.5 billion). If successful, it would be the biggest tech IPO since Twitter went public in 2013. …
Read More »Snapchat secures more credit, possible IPO coming in 2017
Snapchat has proved time and again that you don't have to sell out to the bigger competition to stay afloat. Years on from not accepting $3 billion from Facebook, it's said to be worth upwards of $20 billion and has secured a new line of credit, ahead of what many …
Read More »UK public doesn’t want 10 year piracy prison sentences
The British public has almost unanimously rejected a call from the government to extend the maximum prison sentence for media pirates from two years to ten, following a consultation on the matter. The results suggest that the public just doesn't see piracy in the same way the government does. To …
Read More »Uber makes a huge loss every year
Despite being the crest of a wave of change in the way we get about our roadways, Uber, the app based taxi service which in just a few years has grown to be worth an estimated $50 billion, is said to be a financial sinkhole, losing tens of millions a …
Read More »High court decision makes iTunes illegal in UK
If you've used iTunes CD ripping feature recently, did you know you were breaking the law? If you backed up your PC to a remote cloud platform, did you know you were taking part in an illegal activity? Yes, thanks to a recent overturning of revised copyright legislation by the …
Read More »Snapchat to go public, could be worth as much as $15 billion
Snapchat, unlike many of its earlier rivals, is not going to let itself be folded into a larger social network and is instead, planning on going public, according to the company's founder, Evan Spiegel. With more than 100 million daily users, the service was recently able to drum up millions …
Read More »Jetpacks may be reality soon too
This year has been an exciting one for technology. We've seen much more realistic virtual reality in the guise of the DK2, we've seen maglev-technology hoverboards and now we might be set to (finally) get access to jetpacks. The New Zealand company behind the technology, Martin Aircraft, isn't just showing off …
Read More »Paypal to become separate, publicly traded business
Paypal and Ebay have been joined at the hip for years now, in terms of official paperwork and in the eyes of the public, after the auction site bought out the payment provider in the early 00's. However that relationship is now set to change a little, as Paypal is …
Read More »GoPro goes public, share value skyrockets
GoPro, the makers of lightweight, rugged, action orientated video cameras went public yesterday, with just under 18 million shares being sold by the company and stockholders at $24 a piece. This IPO led to over $427 million being raised in a single day, bumping up the average share price and …
Read More »Candy Crush maker stock falls on first day of trading
King, makers of the smash mobile hit Candy Crush Saga, isn't very popular at the moment, whether you consider its recent trademark trolling actions, or simply the fact that yesterday it went through a public offering of its stock for the first time and it didn't go very well at …
Read More »Dotcom’s Mega seeking CFO before IPO
Kim Dotcom's file locker sequel to Megaupload, Mega, is now looking for a chief financial officer ahead of an intended public offering of the company. The hiree will be in charge of readying the firm for its flotation. Announced by Dotcom just a few hours ago via his twitter feed, …
Read More »PC Partner prepares to float on stock exchange?
Floating a company onto the stock exchange is a great way to evolve. Not only does it bring in a huge amount of investment, it also ensures that the original founders finally get paid for all their initial work. China is full of massive companies that are privately owned. One …
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