Internet company Baidu Inc. has sold $1 million worth of bonds, the first major debt offering by a Chinese tech corporation since the country began its regulatory crackdown on private companies. The two-part sustainable deal included the sale of 5.5-year and 10-year notes which have been valued at 83...
Automation software developer UiPath Inc. is planning to raise $1.1 billion in its U.S. initial public offering. As confirmed from a prospectus filed with U.S. Securities and Exchange Commission on Monday, the New York City-based company is offering 6.8 million shares while shareholders such as Accel and Alphabet Inc’s...
Elon Musk, CEO of Tesla Motors and the wealthiest person in the world, is attempting to take his fascination with the social media platform Twitter to another level. Musk recently made public his offer to buy Twitter for $40+ billion at $54.20 per share.
https://twitter.com/elonmusk/status/1514564966564651008
Twitter is Musk's social media of...
Software startup Sprinklr is looking to target a $5 billion valuation through its Initial Public Offering (IPO) on the New York Stock Exchange, the company revealed on Monday. The company is determined to raise up to $380 million in its efforts.
With high-profile customers including the likes of Microsoft Corp...
Eric Yuan, founder and CEO of Zoom Video Communications Inc., has experienced a $5.1 billion decline in his net worth following Pfizer Inc.’s announcement on Monday that its Coronavirus vaccine has prevented over 90% of infections during clinical trials.
While airlines, oil corporations, and tourism operators enjoyed surges in stock...
Restaurant software developer Toast Inc. is aiming to reach a $16 billion valuation in its initial public offering (IPO), as was evident in its regulatory filing on Monday.
The company, which sells software that assists restaurants with both in-person and online orders, is aiming to sell 21.7 million shares in...
When it comes to the giant corporations of today, the stakes get higher and higher. We're not talking millions, and we're not talking billions—we're talking trillions.
There are two companies that are expected to reach a value of $2 trillion sometime soon, and they're Microsoft and Amazon.
Last week, Microsoft's shares...
Tech giant Apple has lost its position as the most valuable company in the world. According to Refinitiv, a global financial market data, and infrastructure provider, Apple was surpassed by Saudi Aramco. The Saudi Arabian public petroleum and natural gas company is now worth $2.43 trillion, while Apple dropped...
Private messaging app Signal was restored to full functionality on Saturday after the platform experienced some downtime when it was flooded by waves of new users. This was due to many consumers deciding to use Signal after WhatsApp decided to introduce a monumental change in its privacy policy regarding...