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1. 'Call of Duty' Creators Buy 'Candy Crush' Maker for $5.9B
- Wednesday, November 4, 2015
NEW YORK (AP) — The company behind the hugely successful "Call of Duty" has struck a $5.9 billion deal to buy the makers of the highly addictive "Candy Crush" and take advantage of the way video games are moving out of living rooms and onto smartphones and tablets.
2. 9 Things Apple Could Do With $137 Billion
- Monday, February 11, 2013
Apple Inc. has recently come under attack for its practice of stockpiling cash. At the end of last year, the company was sitting on $137 billion – and the heap keeps growing.
3. Gates, Buffett Again Top Forbes' Billionaires List
- Thursday, September 20, 2012
NEW YORK (AP) – Microsoft Corp. co-founder Bill Gates remains the nation's richest man by far, as the tech and philanthropy giant took the top spot on the Forbes 400 list for the 19th year running, with a net worth of $66 billion.
4. SEC Questioned Facebook About Zynga, Mobile
- Monday, June 18, 2012
NEW YORK (AP) – As Facebook's much-anticipated public stock offering approached, federal regulators wanted to know more about the revenue it gets from mobile devices, its $1 billion deal to buy Instagram and the control CEO Mark Zuckerberg has over the company.
5. Many Questions Raised Before Going Public
- Monday, April 16, 2012
As Facebook prepares for its multibillion-dollar initial public offering (IPO) next month, it sheds light on how companies – including local ones – decide whether to go public or not.
Memphis-based pharmaceutical company GTx Inc. went public in 2004 and local paper producer Verso Paper Corp. held its IPO in 2008, but the overall number of publicly traded companies both locally and nationally has dropped over the past two decades.
6. Facebook Leaning Toward Nasdaq, Reports Say
- Monday, April 9, 2012
NEW YORK (AP) – Facebook will list its shares with Nasdaq, according to media reports.
That would be a big win for the Nasdaq, which competes fiercely with NYSE Euronext Inc., especially for an initial public offering as large as Facebook's, pegged at $5 billion.
7. Zynga Unveils Stand-Alone Game Destination
- Friday, March 2, 2012
NEW YORK (AP) – Zynga is unveiling a new online gaming destination so people can play "CityVille," ''Zynga Poker" and other games off Facebook.
The availability of games at Zynga.com doesn't mean the company is divorcing Facebook, though. Players still log in with their Facebook accounts and spend money in the games through Facebook. But Zynga hopes the move will lure in more players, who will be able to play with people they are not friends with on Facebook.
8. Yelp Looking for $12 to $14 per Share in IPO
- Monday, February 20, 2012
SAN FRANCISCO (AP) – Online review service Yelp rated its own business Thursday, setting an IPO target of $12 to $14 per share that could value the 7-year-old company as high as $840 million.
9. Status Update: Facebook to Go Public, Raise $5B
- Thursday, February 2, 2012
NEW YORK (AP) – Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.
10. European Finan. Crisis Tops AP Picks of '11 Biz Stories
- Thursday, December 22, 2011
NEW YORK (AP) – Europe took the financial world on a stomach-churning ride in 2011.
The rising threat of default by heavily indebted European countries spread fear across financial markets and weighed on economies worldwide. As the year came to a close, banks and investors nervously watched Europe's political and financial leaders scramble to prevent the 17-nation eurozone from breaking apart.
11. FarmVille Creator Hopes to Raise About $1B in IPO
- Monday, December 5, 2011
NEW YORK (AP) – Hoping to harvest some fresh cash, the online game company behind "FarmVille" said Friday that it plans to raise $1 billion in an initial public offering of up to 100 million shares.
12. Report Says Facebook Seeks $10 Billion in IPO
- Wednesday, November 30, 2011
NEW YORK (AP) – Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012.
The Wall Street Journal is reporting that the world's largest online social network is looking to raise as much as $10 billion in its IPO. The Journal cited people familiar with the matter but did not identify them by name.
13. IPO Market, an Engine of Job Growth, Stalls
- Tuesday, October 25, 2011
NEW YORK (AP) — Two companies with quirky names, Ubiquiti Networks and Zeltiq Aesthetics, made their public debuts earlier this month with listings on the Nasdaq Stock Market. Each company's stock went up modestly on the first day of trading.
14. Groupon's Fall to Earth Swifter Than its Fast Rise
- Monday, October 24, 2011
NEW YORK (AP) – Only a few months ago, Groupon was the Internet's next great thing. Business media christened it the fastest growing company ever. Copycats proliferated. And investors salivated over the prospect of Groupon going public.
15. 'FarmVille' Creator Zynga to Go Public
- Monday, July 4, 2011
LOS ANGELES (AP) – Zynga, the online game maker behind "FarmVille" and other popular Facebook pastimes, is going public, the latest in a crop of high-valued Internet IPOs expected after LinkedIn Corp. showed that the online networking craze is a hot commodity on Wall Street.
16. Pandora Gains Point to Healthy Internet IPO Future
- Friday, June 17, 2011
SAN FRANCISCO (AP) – Internet radio station Pandora Media's IPO struck the right chord with investors Wednesday despite the static in the overall stock market.
Pandora's shares surged by as much 63 percent in their market debut before pulling back later in the session. The stock closed at $17.42, still a decent gain amid the market's broader decline. It marked a 9 percent increase from Pandora's initial public offering price of $16 and a nearly six-fold increase from what Pandora's own board thought the stock was worth just six months ago.
17. LinkedIn's Stock Up 90 Percent in Market Debut
- Friday, May 20, 2011
NEW YORK (AP) – LinkedIn's stock more than doubled in its market debut Thursday because of huge investor demand for the first major U.S. social networking company to go public.
The stock traded at $103 at midday under the symbol "LNKD" on the New York Stock Exchange. That puts the company on track for one of the biggest first-day gains of 2011.
18. LinkedIn Increases Price Range for IPO Shares
- Wednesday, May 18, 2011
NEW YORK (AP) – The professional networking website LinkedIn is increasing the target price for its initial public offering of stock by about 30 percent in a sign of heavy demand by investors. The increase is encouraging for future IPOs of other social-networking companies such as Facebook, Twitter and Groupon.