February 5, 2012 |
Has a mastery of social networking become a prerequisite for a successful working life? If "friending" and tweeting are now essential skills for the professional classes, where does that leave the chronically network-challenged? And how do you get into the networks where the power players hang out? Questions such as these spring inevitably — and uncomfortably — to mind as you read "The Start-up of You: Adapt to the Future, Invest in Yourself and Transform Your Career," a new book cowritten by Reid Hoffman, founder and chairman of Mountain View, Calif.-based LinkedIn Corp.
June 7, 2011 |
Avaya Inc., the phone-equipment maker owned by private equity firms Silver Lake and TPG Capital, may file for an initial public offering of stock that would seek to raise about $1 billion, according to a person with direct knowledge of the matter. The company may file as early as this week, said the person, who declined to be identified because the plans weren't public. The Basking Ridge, N.J., company, spun off from Lucent Technologies Inc. in 2000, was taken private in 2007 for $8.2 billion.
April 17, 2013 |
Think Wall Street interns are the best paid? Think again. A recent survey by Glassdoor.com found that the highest-paid interns work for technology and oil companies. Taking the top spot is VMWare, a Palo Alto company that specializes in cloud computing. Its interns earn a monthly base pay of $6,704. Quiz: How much do you know about Google ? Assuming an intern works 40 hours a week, that translates to about $39 an hour. Not too shabby. Interns at EBay, the online auction retailer, were the next best paid, making $6,500 a month.
November 14, 2008 |
Microsoft Corp. is making a social networking play. The Redmond, Wash., software giant said Thursday that it was adding social networking features to its latest release of its Windows Live Web services. An investor in popular social networking site Facebook Inc., Microsoft has hundreds of millions of e-mail and instant-messaging users. But, like Yahoo, it has yet to tap the underlying social networks that connect those users.
June 28, 2011 |
Zynga Inc., the biggest developer of games for Facebook, will file for an initial public offering Wednesday, according to GreenCrest Capital Management, which cited a "major investor" in the start-up. The company has chosen Morgan Stanley to be the lead underwriter of an offering that will raise more than $1 billion, said Nitsan Hargil, an analyst at GreenCrest, which focuses on closely held firms. He didn't name the investor, saying only that it was an early backer of Zynga. Zynga, known for FarmVille and Texas HoldEm Poker, is joining the biggest wave of Internet IPOs since the dot-com heyday in 2000.
May 18, 2011 |
In another sign that anticipation among investors for a crop of new social networking companies is heating up, LinkedIn Corp. on Tuesday raised the expected price range of its initial public offering 30%. "There is crazy demand," said Colin Gillis, an analyst with BGC Partners who is not affiliated with LinkedIn. LinkedIn now plans to sell shares for $42 to $45 each, a move that lifts the company's valuation to more than $4 billion, according to a regulatory filing. At the upper end of that price range, LinkedIn could raise more than $405 million.
May 19, 2011
LinkedIn's stock nearly doubled in its market debut because of huge investor demand for the first major U.S. social networking company to go public. The stock traded at $87.11, up 94 percent, Thursday morning after debuting at $83 and briefly reaching $92.99. Renaissance Capital, an IPO research and investment firm, said LinkedIn's 84 percent increase at the open was the biggest for a U.S. IPO since the 2009 debut of OpenTable Inc., a restaurant reservations website. IPO analyst Scott Sweet, the founder of IPO Boutique, credits the increase to LinkedIn selling a relatively small number of shares, 7.8 million.
January 31, 2012 |
Major tech firms including Google Inc., Facebook Inc. and Microsoft Corp. have teamed up to fight email phishing scams. Members say the partnership will lead to better email security and protect users and tech brands from fraudulent messages. The group, which calls itself DMARC — for Domain-based Message Authentication, Reporting & Conformance — says it wants to help reduce email abuse by standardizing how email receivers perform authentication. Now email senders will get consistent authentication results for their messages at Gmail, Hotmail, AOL and any other email receiver using DMARC.
June 15, 2011 |
Pandora Media Inc., the online-radio company, gained on its first day of trading as investors raced to benefit from the biggest surge in Internet share sales since the dot-com boom a decade ago. The Oakland company rose 8.9 percent in its debut on the New York Stock Exchange, under the symbol P. It sold 14.7 million shares yesterday at $16 apiece, raising $234.9 million in its initial public offering. That was above the top of the range of $10 to $12. Investors are flocking to technology IPOs after professional-networking website LinkedIn Corp.
November 16, 2013 |
SAN FRANCISCO - Snapchat is not even 3 years old. It's run by a couple of twentysomethings with no prior business experience. And it has never made a cent. Yet investors are fighting for the opportunity to throw hundreds of millions at the mobile messaging service that is all the rage with teens. The tiny Venice Beach start-up just turned down a $3-billion all-cash offer from Facebook Inc. And then, according to the Silicon Valley rumor mill, it rejected an offer from Google Inc., this one for $4 billion.