-
A Look Back At Snap's Final Year As A Private Company
Tuesday, January 3, 2017 - 9:20am | 760Read More...Snap IPO talks have gained momentum amid the release of a Wall Street Journal report that said the virtual messaging platform would position itself as the next Facebook Inc (NASDAQ: FB) in the roadshow planned for next year, distancing itself from Twitter Inc (NYSE: TWTR), which has not fared all...
-
AirPods, Pokemon And 10 Of The Most Notable Tech Stories Of The Year
Saturday, December 31, 2016 - 3:45pm | 729Read More...Recode's Kara Swisher and The Verge's Lauren Goode took a look back at what they consider to be the top 10 technology related stories of 2016. 10. Apple's Headphone Jack Coming in at No. 10 is Apple Inc. (NASDAQ: AAPL)'s decision to say goodbye to its tangled earbuds which it...
-
Snap's Pitch To Investors: We're More Like Apple And Facebook, Less Like Twitter
Thursday, December 29, 2016 - 2:15pm | 356Read More...Snap Inc., the parent company of the social media platform Snapchat, will see its stock trade on a public exchange for the first time next year. The company's pitch to investors appears to be easy enough: Snap is one part Apple Inc. (NASDAQ: AAPL), one part Facebook Inc (NASDAQ: FB) and zero parts...
-
Will Tech Stocks Be Winners In 2017?
Wednesday, December 28, 2016 - 11:54am | 349Read More...James Cakmak is an equity analyst with Monness, Crespi, Hardt & Co. and was a guest on CNBC on Tuesday to discuss which technology stocks will be winners in 2017. Twitter Cakmak said that he wants to be positive on Twitter Inc (NYSE: TWTR), but it is becoming more difficult to defend the...
-
All The IPOs We Expect To Happen In 2017
Tuesday, December 27, 2016 - 3:50pm | 342Read More...2016 wasn't a very kind year for the IPO market, but 2017 is shaping up to be different. Speaking to Benzinga, Jeff Zell, a senior research analyst at IPO Boutique, said that the market can expect the quantity of IPOs in 2017 to exceed 2016's total, which was around 100. Hospitable Environment...
-
What's Cooking At Snapchat As It Prepares For Its IPO?
Thursday, December 22, 2016 - 4:26pm | 613Read More...Snap Inc., formerly known as Snapchat, confidentially filed for an IPO ahead of the presidential elections, valuing the company at roughly $25 billion. Now that the news has broken, here's a look at the company, its products and what has transpired since the reports of the IPO filing. Making A...
-
Does Instagram Owe Its Fastest Growth Rate Ever To Snapchat Copycatting?
Thursday, December 15, 2016 - 5:03pm | 369Read More..."Imitation is the sincerest form of flattery." —Oscar Wilde and Charles Caleb Colton If one were to go by this quote humorously attributed to Oscar Wilde despite having been penned by Charles Caleb Colton years before, Snapchat should be thumping its chest, as social networking giant Facebook...
-
Tinder CEO Steps Down For The Second Time
Friday, December 9, 2016 - 10:33am | 337Read More...Sean Rad, the CEO of IAC/InterActiveCorp (NASDAQ: IAC)'s Tinder property, is stepping down — again. Rad co-founded the popular online dating app four years ago, but IAC pushed him out as CEO in 2015 to be replaced by Christopher Payne, a former executive with stints at eBay Inc (NASDAQ: EBAY...
-
What We Know (And Don't Know) About Snap's IPO
Wednesday, November 16, 2016 - 5:21pm | 265Read More...Snapchat's parent company, Snap, filed for an initial public offering, but details are still scarce. Cherlynn Low, Engadget's reviews editor, was interviewed by CNBC and offered her inside knowledge over what we know and don't know. Low stated that Snap is not yet ready to fully...
-
Apple Doesn't Set The Table Anymore
Tuesday, November 15, 2016 - 10:50am | 323Read More...Bloomberg reported on Monday that Apple Inc. (NASDAQ: AAPL) is looking to sell its own version of digital glasses that can connect wireless to an iPhone. Sound familiar? As noted by Gadfly's Shira Ovide, Apple's next hot product is a new version of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s...
-
Uber's CEO Compares An IPO To High School Prom
Thursday, October 20, 2016 - 10:16am | 371Read More...Travis Kalanick, the CEO of Uber Technologies, is asked quite often when the company will file for an initial public offering. According to Bloomberg, he now has a go-to metaphor to explain that it likely will happen — just not as soon as many hope. According to Bloomberg, Kalanick said at a...
-
Snap's Investors Will Make A Lot Of Money In An IPO
Wednesday, October 12, 2016 - 1:57pm | 333Read More...Evan Spiegel had an offer on the table to sell his company, Snapchat, to Facebook Inc (NASDAQ: FB) in 2013 for $3 billion. Spiegel refused the offer and felt he could grow the social media company, now called Snap, over the years. His decision proved to be the right one and many of his backers and...
-
Snapchat Changes Its Name, Enters The Hardware Space
Tuesday, September 27, 2016 - 10:17am | 484Read More...Snapchat, the fast growing and wildly popular social media app, announced last week it has officially changed the name of the company to Snap Inc. Snap said in a blog post that it is no longer appropriate to maintain the "chat" part of its name since the company has also moved beyond simple...
-
Government Food Benefit Cuts Could Be Bigger Headwind For Dollar General Than Dollar Tree
Monday, September 26, 2016 - 4:10pm | 551Read More...While discussing the faster rate of decline in government food benefits in June, Buckingham Research said it believes Dollar Tree, Inc. (NASDAQ: DLTR) may be less impacted than Dollar General Corp. (NYSE: DG). The firm estimates a 10–20 basis point hit for the former, compared to the 20...
-
USDA Seeking Retail Volunteer To Test Online SNAP Food Delivery Program
Friday, September 16, 2016 - 11:46am | 393Read More...The U.S. Department of Agriculture (USDA) is looking for a retail grocer volunteer to perform a two-year grocery delivery pilot test as part of its Supplemental Nutrition Assistance Program (SNAP). The pilot program is mandated by the 2014 Farm Bill and is intended to test the viability of allowing...
















