The latest cloud news
Since its Initial Public Offering in August 2008, Rackspace Hosting’s share value has grown almost 6 times its original value. This is primarily because of the company’s growth in terms of earnings per share, revenue, and…
If you think there's already way too many *aaSes in the market, you should be prepared because there's more on the way. Venture capitalists are currently enamored with cloud based startups, and are investing heavily in the cloud…
Groupon, Facebook , and Zynga are currently having difficulties since their initial public offerings. Their losses can go as much as 70%. Currently, public cloud computing companies are not affected. This is primarily because…
Zynga , the San Francisco based company which specializes in Facebook games, priced its initial public offering late Thursday at $10 per share, raising $1 billion with a company value of about $7 billion. This offering makes it…
After much anticipation, the date for Groupon’s IPO is set for November 4th where the company seeks to raise $621 million from the offering, valuing it at $11.4 billion. Groupon is planning to offer only 5% of its shares to the…
Silicon Valley is waiting for next IPOs to happen, but the candidates are keeping their exact dates secret - or better flexible. Now there are rumors that Zynga will file for an IPO as early as tomorrow with a valuation between…
Pandora, which lets users create their own web personalized "stations" and then makes recommendations based on users’ tastes, traded on the stock market today for the first time. With an IPO price of $16 a share and a $2.6 Billion…
LinkedIn (LNKD: NYSE) and its investors are selling $352.8 million worth of stock in its IPO, marking the Facebook-for-work as the biggest U.S. Internet IPO since Google. According to data provider Capital IQ, the amount of money…