valuation

Pinterest Nearing USD 1 B Ad Sales As It Looks To Go Public in 2019

Pinterest Nearing USD 1 B Ad Sales As It Looks To Go Public in 2019

Social media company Pinterest is approaching USD 1 Billion in ad revenue as it pushes for anIPO in mid-2019 according to people familiar with the matter.The Company hit USD 500 Million in sales in 2017 and almost double that this year, accordi..

Wall Street Remains Divided on Netflix’s Second Quarter

Wall Street Remains Divided on Netflix’s Second Quarter

Netflix Inc. (NASDAQ: NFLX) shares have surged 110% this year alone, becoming the best performer in the S&P 500. Despite its rally, Deutsche Bank warns that the tech giant may miss its second quarter subscriber estimates, but Wall Street remains..

Venture Capitalist Firm to Raise Next Largest European Fund

Venture Capitalist Firm to Raise Next Largest European Fund

Venture capitalist firm Lakestar is attempting to raise the next largest European fund for startup investments. Lakestar is targeting around USD 800 Million in investments, according to three people with knowledge of the matter. There’s no cer..

Chinese Smartphone Maker Xiaomi Falls on Its Debut in Hong Kong

Chinese Smartphone Maker Xiaomi Falls on Its Debut in Hong Kong

Shares of Chinese smartphone maker Xiaomi Corp. opened to trade in Hong Kong on Monday and fell below its IPO price.The initial public offering price of Xiao was HK 17 per share, which is at the low end of an expected range. It gave Xiaomi a valuati..

IPG Acquires Acxiom’s Data Marketing Division for USD 2.3 Billion

IPG Acquires Acxiom’s Data Marketing Division for USD 2.3 Billion

Interpublic Group (NYSE: IPG) announced on Monday that it has entered into an agreement with Acxiom Corporation (NASDAQ: ACXM) to acquire its marketing solutions business unit for an all cash deal valued at USD 2.3 Billion.The deal combines IPG&rsqu..

Bitcoin Price Down After Negative Comments from JPMorgan Chase CEO

Bitcoin Price Down After Negative Comments from JPMorgan Chase CEO

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon had some harsh words on Bitcoin. The orice of Bitcoin fell below $4,000 on Wednesday after the negative comments. Bitcoin’s price has surged about 315 percent this year."It's just n..