Marky Mark’s lawyers reckon Becks is “attempting to benefit from his own wrongdoing and has unclean hands”.
The co-founders of Robinhood, an app for trading stocks without commission, are already billionaires, and are in line for another massive payday soon.
Ant Group, an affiliate company of the Alibaba Group, is poised to raise about $34,5 billion in the world’s initial public offering.
2016 has been a pretty poor year for tech companies going public for the first time, although these chaps look set to shatter the year’s record.
Facebook lately been experimenting with a small group of users by offering them the opportunity to promote their own status messages by paying for them. If the “Highlight” feature is more widely adopted, people will soon be able to pay to make sure their cutesy status updates are at the top of everyone’s news feed.
Mark Zuckerberg officially filed its IPO with Securities and Exchange Commission yesterday afternoon, announcing its intention to sell 337 million shares at between $28 and $35 a pop – in the biggest Internet stock offering since Google went public in 2004. They’ll be going roadshow for the next two weeks to let big investors see what they’re buying.
Facebook is set to go public soon, and while this might be good news to Mark Zuckerberg, it kind of puts things in perspective for the rest of us. Techcrunch did a simple calculation to determine how much the average Facebook user (yes, you too!) is worth in terms of money. Be prepared to feel rather insignificant after the jump.
Signs suggest that Facebook is looking to have its initial public offering launch on on May 17th, assuming that the Securities & Exchange commission rubber-stamps all of the social network’s paperwork – including documents concerning Facebook’s recent billion-dollar acquisition of Instagram. Facebook is set to be initially valued at around $100 billion.
Facebook is expected to file for an IPO later today – Wednesday morning stateside – raising $5 billion. This is a fair deal less than the $10 billion previously rumored. Folks figure Zuckerberg wants to start with a conservative base at first. Because he can’t be sure this “Face-book” thing is going to take off.