• NYSE does trial run of Twitter IPO

    NYSE does trial run of Twitter IPO

    Twitter is officially going to an initial public offering (IPO) and has chosen the New York Stock Exchange (NYSE) to do it. In order to avoid the problems that caused so much controversy during the Facebook IPO on Nasdaq, however, NYSE is taking no chances and has made a trial run of a Twitter IPO
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  • Twitter ‘secretly’ files IPO, finally makes official public announcement

    Twitter ‘secretly’ files IPO, finally makes official public announcement

    Headlines on Thursday afternoon and Friday morning said all kinds of things about how Twitter was somehow going under the radar with its initial public offering (IPO) filing with the Securities and Exchange Commission (SEC). The ideas of some kind of clandestine, supersecret filing came from Twitter’s own tweet on the announcement, which said they’d
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  • Facebook and Yahoo May Be Burying the Patent Hatchet

    Facebook and Yahoo May Be Burying the Patent Hatchet

    Several outlets and multiple sources have cited meetings between Yahoo and Facebook as negotiations to make a deal to resolve patent disputes that have been litigating ferociously for some time.  A settlement is expected by many to come in the next few weeks as lawsuits and counterclaims get shelved and the healing process between former
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  • Facebook Sets IPO Value at $96B

    Facebook Sets IPO Value at $96B

    Facebook will be going public with its initial public offering on May 18.  It’s executives and initial investors have until then to convince the stock trading and investment world that the company has a valuation of $96 billion. If they pull it off, then this will become a record IPO for an American company, outstripping
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  • Is Groupon Really Worth $25 Billion?

    Is Groupon Really Worth $25 Billion?

    Groupon went from brand new startup to 7,000 employees in only two years.  They’ve now filed for an initial public offering (IPO) to take the company public on the stock exchange and evaluated themselves at $25 billion.  Naysayers to the company’s business model call the company “Grouponzi” and “vaporware” with one commenter calling the startup
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  • Rackspace Fanatical Support: Not Such a Fanatical Opening Trading Day

    Rackspace Fanatical Support: Not Such a Fanatical Opening Trading Day

    Rackspace started trading today on the New York Stock Exchange.  The ticker symbol is RAX.  Initially San Antonio based Rackspace planned on raising 400 million, but due to market conditions, they ended up raising a total around $187 million at $12.50 a share. This would value the company around $1.45 billion.  Goldman Sachs, Merrill Lynch
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