Tudou, one of China's leading video sharing sites, is seeking to raise US$120 million through an initial public offering on the Nasdaq Stock Market to help sustain operations as it strives to become profitable.
Skype SA seeks to raise US$100 million through an initial public offering (IPO) in the U.S., as the Luxembourg-based provider of Internet telephony, video calling and instant messaging communications seeks to diversify and boost its user base and revenue.
Facebook's application Wednesday to sell shares on the open market includes hints about its plans for mobile use and online payments, and reveals previously guarded information about how much its executives get paid.
The social networking scene is constantly in flux. The big 3 (Facebook, Twitter and LinkedIn) are at the top of the heap right now. But challengers are springing up all the time, hoping to leverage the next big wave into a lucrative IPO.
Change in any industry involves conflict. Evolution and revolution in tech this year took place not only in the marketplace but also in the courtroom, the factory, and on the Web. Here are the top news stories of 2012 as selected by the editors of the IDG News Service.
Open source IPS maker Sourcefire is now a publicly-traded company, with its IPO last week on the Nasdaq. Meanwhile, reports say that open source database company MySQL is thinking about a similar move.
In the financial news of storage companies last week several news items made the list. IBM acquired database archiving and classification vendor Princeton Softech. Isilon, which went public in 2006, lost money, but the amount was less than previous losses. Data Domain announced its IPO. ONstor announced it may go public. And, Qlusters announced an investment from Network Appliance.
Networking gear maker 3Com announced late last week that it has plans to spin off security subsidiary TippingPoint in an IPO of stock before the end of the calendar year.
NetSuite's initial public offering raised US$185.4 million, close to double the amount the company originally forecast the IPO would generate and a positive sign for the market of hosted, software-as-a-service business applications.
If the success of NetSuite's IPO this week was any indication, the market for on-demand ERP (enterprise resource planning) software is red-hot. Startup NetBooks hopes to capitalize on that.
In the last full trading week of the year, the NetSuite IPO, acquisition news and earnings reports from Oracle, Palm and RIM highlighted technology sector gains, but also concerns for 2008.
VMware, a subsidiary of EMC, is going public, and it hopes to raise as much as $740 million, according to a filing with the Securities and Exchange Commission.
IPO news, acquisitions and strong corporate profits continued to stoke excitement for IT investors this week. Worries about the U.S. housing and credit markets, however, are beginning to cast a shadow on IT sector forecasts for the rest of the year.
Yelp, a local business reviews site, filed Thursday with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of up to US$100 million.
The enterprise software market on Thursday suddenly got an intimate look inside Workday, a red-hot startup that makes cloud applications for human resources and financials, with the public release of its S-1 IPO filing.
Workday unveiled upcoming versions of its cloud-based ERP (enterprise-resource-planning) software on Tuesday during an event in Las Vegas, and in the process fired a warning shot across the bow of the likes of Oracle and SAP.