Tag Archive | "initial-public"

Messaging app LINE sets price range for possible July IPO, poised to raise over $1 billion

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LINE Corp., makers of a messaging app that’s gone mainstream in Japan, Thailand and Taiwan, has set a price range for an initial public offering on the Tokyo and New York Stock exchanges in July. Its shares would be priced between 2,700 and 3,700 yen or about $26.50 and $31.50 per share. As the Wall Street Journal reported earlier today, at those prices, LINE’s IPO could raise… Read More

Article courtesy of TechCrunch

Twitter’s dysfunctional Wall Street relationship

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Why Cloud Gaming Will Popularize Virtual Reality

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Enterprise Software Co Atlassian Files IPO On Sales Of $320M, Net Income Of $6.8M In 2015

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Raising $2.56B In IPO, First Data Opens Only 2.4% Up At $16.39, Now Trading Below IPO Price

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iPad Point-Of-Sale Company Revel Systems Raises $13.5M To Expand In Asia And Europe

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Lending Platform China Rapid Finance Raises $35M Series C At A $1B Valuation

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Television-Maker Vizio Files For IPO

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Former Paypal Executive Joins Bigcommerce As CEO

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Twitter CFO Anthony Noto Reportedly Takes Over Marketing Department

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Anthony Noto, who became Twitter’s Chief Financial Officer last year after leading the company’s initial public offering, is now taking over the company’s marketing department, sources tell The Verge.

Noto, who drew derision in February when his Twitter account was hacked, will reportedly guide the marketing efforts of Twitter. The source told The Verge that, “Noto is consolidating power, so to speak.” Noto was also the subject of criticism when he accidentally leaked acquisition plans he meant to send via direct message.

Though not yet confirmed by Twitter, this reported move is bold for a company needing a spark after a poor Q1 performance.

The Verge’s Natasha Tiku elaborated on the company’s hunt for a Chief Marketing Officer:

The search for a CMO has dragged on for months and is still ongoing. According to one source, Kate Jhaveri, senior director of consumer marketing at Twitter, was passed over for the chief marketing role despite the fuss Twitter made over poaching her from Facebook, where she led consumer branding and mobile marketing for three years. The source told The Verge Jhaveri plans to resign, but she is still with the company. (She did not respond to requests for comment.)

Article courtesy of SocialTimes Feed

June 2016
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