Will the latest dot com bubble burst? That’s the question on many lips, as 2020 shapes up to be one of the most remarkable years ever for tech brands going public. AirBnB’s…
“Singles Day” Breaks Alibaba Records – But Regulation Knocks Chinese Stocks
Alibaba, the Chinese tech giant, has pulled in record sales figures. Yet not all is rosy for the firm. In previous years “Singles Day”—a Chinese Black Friday—has been measured in 24-hour frames.…
China Approves Ant Group’s Potentially Massive IPO
China’s securities regulator has approved fintech company Ant Group’s IPO – and paved the way for what will likely be the world’s biggest-ever listing. Ant, backed by current title-holder Alibaba, will seek…
Pexip Roadshows for IPO – Can it Really Beat Zoom?
This week Pexip launched a virtual roadshow, as it prepares to become the first European company to execute an IPO remotely. That is apt, given the Norwegian firm’s video conferencing solution. But…
Just How Disastrous will WeWork’s IPO Be?
WeWork, the global real estate company that has dressed itself as a tech startup, might not be worth $47 billion after all. Actually, it might not even be worth half. The New…
Tanium Raises $200m at $6.5bn Valuation; Shelves IPO
Cybersecurity firm Tanium has raised $200 million in a funding round that values the Emeryville, California startup at $6.5bn. It will use the money to pay out employees and early investors, staving…
Alibaba-backed AI Startup SenseTime Bags Record $600m Funding Round
A Chinese artificial intelligence startup has just closed a funding round worth $600 million, which is the single largest venture investment in the burgeoning AI industry. SenseTime, a Beijing-based face and image…
Spotify is Going Public – It Needs to Start Making Music
Spotify, the Swedish music streaming service, has rarely done things by the book. Even while announcing its intentions to go public yesterday, the firm eschewed a traditional IPO in favor of a…
Snapchat Hack Affects 55,000 Users, in Latest Sting for Social Media Firm
Over 55,000 Snapchat users were hacked as part of a complex phishing scam, first flagged by a British government official in July last year. KLKViral, a website believed to originate from a…
Dell Ponders Huge VMware Public Talks
Dell Technologies could soon be a publicly listed company, following reports it is considering a number of financial options, including a reverse merger with cloud firm VMware. The Texan computing firm, which…