Home » Topics » initial public offering
CEO says Twitter not ready for public offering
Twitter is not readying a stock public offering nor is it seeking to be sold to another group, chief executive Dick Costolo said Wednesday. In an interview on the financial network CNBC, Costolo brushed aside any suggestion of an imminent initial public offering (IPO) or sale. The question of an…
Facebook shares tumble on negative comments
NEW YORK — Facebook shares plunged on Monday after Barron’s, the influential markets-focused newspaper and website, said the stock was still sharply overvalued and were possibly only worth $15. The shares slumped 9.06 percent to end the day at $20.79, after dipping as low as $20.36. The fall came after…
Facebook hopes investors like first earnings
Facebook reports its first earnings as a public company on Thursday in an announcement that will be closely watched for signs of whether the social media giant can deliver on its financial promise. The earnings figures could serve as redemption, or lead to further market punishment for the social network.…
Facebook fighting off lawsuits over IPO flop
Facebook and its underwriters came under broad legal attack Wednesday as lawyers and investors filed lawsuits over Facebook’s controversy-marred initial public offering. At least three law firms said they were filing actions against Facebook and its underwriters after the $16 billion IPO flopped amid accusations that the lead underwriters and…
Facebook revenue estimated at $4.27 billion
WASHINGTON — Facebook’s global revenue is expected to double this year to $4.27 billion, research firm eMarketer said Tuesday. The Palo Alto, California-based social network is expected to earn $3.8 billion worldwide this year in advertising revenue, eMarketer said, up 104 percent from the $1.86 billion it raked in last…
Brand new on Raw Story
- Jon Stewart rips Obama for aggressive investigation of whistle-blowers instead of bankers
- WATCH LIVE: Rescue operation begins as Washington state bridge collapses
- Senate unanimously approves Sri Srinivasan as first India-born senior judge
- Republican congressman fined $500 over sexual misconduct
- Anthony Weiner’s mayoral campaign off to a rocky start after police called to rally
- George Zimmerman lawyers release Trayvon Martin’s cellphone data to discredit killed teen
- IRS director Lois Lerner placed on administrative leave
- Questions Obama dodged in terror speech
- Texas Gov. Rick Perry ‘greatly disappointed’ by vote to admit openly gay Boy Scouts
- Boy Scouts to allow gay members but ban on gay and atheist leaders continues
Commentary
The real problem with 'check your privilege': It’s too generous
By Amanda Marcotte
The reality is Americans aren’t that concerned about drones
By Harry Enten, The Guardian
Tone policing only goes one way
By Amanda Marcotte
Raw Exclusives
Featured Video
Follow Us!
