Facebook Ipo

Bumble posted its first sequential decline in user growth since the dating app owner went public in February, as fresh pandemic restrictions crimped demand in some markets, sending its shares down over nine percent in extended trading.

Facebook is building a feature for users of its social network to connect with their neighbours, a push toward more intimate interactions that treads on the idea behind rival Nextdoor that is considering a public offering.

Uber has been without a head of driver product since Aaron Schildkrout left in December.

Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming.

It amounts to a small fraction of Facebook's current market value of roughly $537 billion as of Monday's market close.

The owner of Snapchat raised $3.4 billion in its IPO on Wednesday, more than the $3 billion Facebook offered to pay for the company in 2013.

Many investors remained unconvinced by Snap's claim that it is more valuable than Facebook based on revenue at the time of its IPO in 2012.

Snap has acquired at least 10 start-ups since 2014 according to firms tracking such deals, and M&A deal makers say Snap is one of the most active shoppers they have heard from.

The company, which filed for an IPO earlier this month, was widely expected to be valued at between $20 billion and $25 billion, giving it the richest valuation in a US technology IPO since Facebook Inc.

Regulators and the startups themselves have gradually tightened rules governing buying and selling shares, while a growing number of startups delaying their IPOs.

At a time when it is fashionable in Silicon Valley to stay private as long as possible, Snap is planning an initial public offering valuing it at more than $20 billion just two years after it first began to generate revenue, even though it has plenty of cash and ample opportunity to raise more on the private markets. It is expected to be the bigges...

Facebook is appealing the class certifications, which it said are "without merit" and conflict with "well-settled" precedent.

Square launched in 2009 as a company that made a small card reader that plugs into smartphones and tablets.

A federal appeals court said the investors who lost money on shares lacked standing to sue Facebook directors and underwriters.

In 2013, Snapchat turned down a $3 billion offer from Facebook to acquire the company.

Bumble posted its first sequential decline in user growth since the dating app owner went public in February, as fresh pandemic restrictions crimped demand in some markets, sending its shares down over nine percent in extended trading.

Facebook is building a feature for users of its social network to connect with their neighbours, a push toward more intimate interactions that treads on the idea behind rival Nextdoor that is considering a public offering.

Uber has been without a head of driver product since Aaron Schildkrout left in December.

Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming.

It amounts to a small fraction of Facebook's current market value of roughly $537 billion as of Monday's market close.

The owner of Snapchat raised $3.4 billion in its IPO on Wednesday, more than the $3 billion Facebook offered to pay for the company in 2013.

Many investors remained unconvinced by Snap's claim that it is more valuable than Facebook based on revenue at the time of its IPO in 2012.

Snap has acquired at least 10 start-ups since 2014 according to firms tracking such deals, and M&A deal makers say Snap is one of the most active shoppers they have heard from.

The company, which filed for an IPO earlier this month, was widely expected to be valued at between $20 billion and $25 billion, giving it the richest valuation in a US technology IPO since Facebook Inc.

Regulators and the startups themselves have gradually tightened rules governing buying and selling shares, while a growing number of startups delaying their IPOs.

At a time when it is fashionable in Silicon Valley to stay private as long as possible, Snap is planning an initial public offering valuing it at more than $20 billion just two years after it first began to generate revenue, even though it has plenty of cash and ample opportunity to raise more on the private markets. It is expected to be the bigges...

Facebook is appealing the class certifications, which it said are "without merit" and conflict with "well-settled" precedent.

Square launched in 2009 as a company that made a small card reader that plugs into smartphones and tablets.

A federal appeals court said the investors who lost money on shares lacked standing to sue Facebook directors and underwriters.

In 2013, Snapchat turned down a $3 billion offer from Facebook to acquire the company.