Pinterest began trading on the New York Stock Exchange on Thursday under the ticker "PINS." » Read More
By: Katie Schoolov
The visual social network sells targeted ads to reach its 265 million monthly users, who are bookmarking images they find online by "pinning" them to themed inspirations "boards." » Read More |
There is good news for "Game of Thrones" fans as the final season of the HBO hit series begins. There is a language app called Duolingo that teaches the fictional language High Valyrian, so anyone can learn to speak like Daenerys Targaryen. » Read More |
Uber will list on the New York Stock Exchange under the symbol "UBER." » Read More |
CNBC reveals the methodology behind the 2018 Disruptor 50 list, identifying the start-ups thinking big about monumental consumer and business shifts.
Popular stock-trading app Robinhood, which has been disrupting Wall St. with its zero-fee transaction models, has rolled out a new suite of premium features to its Gold membership. This comes ahead of buzz about a possible IPO.
Lyft shares tumbled Wednesday following skepticism around its valuation and reports that Uber will unveil its public offering Thursday.
The top-end valuation is something of a discount from the company's most recent valuation on the private markets.
Uber and Pinterest are both expected to follow Lyft's IPO with their own public debut on the NYSE in April, making 2019 the year that some of the most valuable VC-backed companies will smash records set during the height of the dot-com era.
Lyft board member Ben Horowitz said that Lyft's environment was a selling point for his firm Andreessen Horowitz buying into six percent of the company's IPO.
Lyft went public on Friday at a valuation above $20 billion, but last year it had a net loss of $911 million. Leading up to its IPO, Lyft promised investors 20% EBITDA margins, but it was vague about a timeline or strategy for how it would get there.
Lyft claimed 39 percent of the U.S. ride-hailing market at the end of 2018.
The company faces formidable competition from Uber. Lyft claimed 39 percent of the U.S. market at the end 2018.
European ride-hailing and carpooling start-ups are more focused on profitability than their U.S. counterparts.
This is one of Palantir's biggest contracts ever, and its first on a "defense program of record," a designation for the most substantial government contracts.
Ride-hailing platform Lyft said on Monday it would raise as much as $2 billion in an initial public offering.
Ride-hailing platform Lyft will launch the investor road show for its initial public offering on Monday, March 18.
Apple said Spotify is seeking all the benefits of a free app, without being free.
Ride-hailing company Uber is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft, people familiar with the matter said on Thursday.
Music streaming giant Spotify filed a complaint against Apple with the European Commission's antitrust regulators.
For investors who are addressing social and environmental issues, while generating financial returns.
Automation, AI and machine learning will radically influence the relationship between employers and their workforce.
Samsung's Galaxy Fold is a remarkable phone that shows what future foldable devices will eventually be like, allowing you to unfold your phone into a tablet, but this $2,000 phone broke after two days of testing.
Eric Yuan started Zoom in 2011 after helping build WebEx. His company is now worth $15.9 billion after its IPO, and Yuan owns about 20%.
Regulators and lawmakers worldwide have begun to take a firmer stance against executives whose companies are found guilty of wrongdoing.
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