Tech Rewind: Alibaba Makes History, CEOs Step Down
The day the tech world has been waiting for has finally arrived: China’s Alibaba made its public debut -- this is your tech rewind of the week.
Alibaba Shatters E-commerce Records as Alipay Prepares to Go Public
Alibaba reported a record $9.3 billion dollars in sales on Singles Day in China, flexing its muscles to investors and smashing records on its busiest shopping day of the year.
Silicon Valley Hasn’t Lost Its Mojo
Seven reasons why the reports of Silicon Valley’s death have been, and probably always will be, greatly exaggerated.
On Twitter’s Debut, Social Media Rivals Slump
Twitter is enjoying a successful debut on Wall Street. But other social media stocks aren’t faring so well.
Alibaba Profit Nearly Triples
Chinese e-commerce giant Alibaba Group Holding revealed the members of its 27-person partnership in an updated prospectus for its U.S. share listing on Monday.
Report: Top Goldman Tech Banker Leaves for Coatue
Goldman Sachs technology investment banker Anthony Noto, who helped orchestrate Twitter's successful IPO in November, is leaving and joining Coatue Management.
Nasdaq Still in the Running for Alibaba IPO
Top NYSE and Nasdaq officials met with Alibaba this week in a bid to score the highly-coveted listing of the Chinese e-commerce giant.
Valero Energy Partners Files for $345M IPO
Valero Energy Partners filed for an IPO of roughly $345 million, after becoming the latest master limited partnership in oil and gas.
Wedbush Starts Cautiously on Twitter With $37 Target, Neutral Rating
The micro-blogging site received an equity rating of neutral from Wedbush, which put the 12-month price target at $37.
Deal Frenzy Heats Up in Africa As Middle Class Grows
Transactions in the African region are growing at a faster pace than they were three years ago. Experts at Ernst & Young predict the trend will continue as the broader deals market recovers.
Twitter to Shut IPO Books Early on Strong Demand
The microblogging network is set to close the books on its $1.75 billion initial public offering a day earlier than scheduled.
Industry Ventures Raises $625 Million in New Funds
Industry Ventures has raised a $425 million secondary fund and a $200 million special opportunities fund, to buy equity inVC-backed startups.
Will the rocky road continue for the markets?
January IPO freeze
FOX Business to Twitter: #BringItOn
The first lesson any private company going public needs to learn -- one Twitter better learn: Don't think you can sell yourself to public shareholders as standing for one thing and then conduct yourself in the most hypocritical way possible.
Tweets Away: Twitter Prices Coveted IPO at $26 a Share
Twitter priced its initial public offering at $26 a share, up from the estimated $23 to $25 range. The social media company will make its anticipated public debut on the New York Stock Exchange under the ticker symbol "TWTR" Thursday.
Underwriting Analysts Are Less Bullish on Twitter's Growth Trajectory
Analysts at banks that are bringing Twitter public this week are decidedly less optimistic about the company's revenue prospects.
Report: Twitter Could Price IPO as High as $28
By pricing its initial public offering at $28, Twitter would raise $2.3 billion and achieve a market valuation of about $16 billion.
Twitter Sets IPO Range, Looks to Raise Up to $1.6B
Twitter is looking to sell as many as 80.5 million shares priced at $17 to $20 each under its highly-anticipated IPO. It could raise up to $1.6 billion.
NYSE Lands Coveted Twitter IPO, Beating Out Rival Nasdaq
Twitter said in a regulatory filing it plans to list its highly-awaited initial public offering on the New York Stock Exchange under the symbol TWTR.
Report: Twitter Willing to Double IPO Size to $2 Billion
140 characters to $2B? Twitter is reportedly entertaining the idea of doubling the size of its IPO to $2 billion if the upcoming road show goes well.