Tencent Music, China's largest streaming company raised US $ 1.1 billion on an IPO in the US, after trading its shares at $ 13 per share on the Nasdaq. This makes it one of the largest tech company stock market openings of the year, but the price is at the lower end of its range of $ 13- $ 15, …
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The building on Facebook's Menlo Park campus was evacuated after bombing – TechCrunch
A building on Facebook's Menlo Park campus was evacuated on Tuesday night after a bomb blast. At about 5:00 pm, the Menlo Park Police Department warned people to avoid the area around Jefferson Drive's 200 block when they were investigating a bomb blast. Then they said, 200 Jefferson Drive, the address of Facebook Building 24 and Instagram headquarters, had been …
Read More »Thanks to Calibrate Ventures and the new $ 80 million fund TechCrunch, L.A. gets more Moolah
Two years ago, a few VCs joined forces with Shea Ventures, a LA-based 50-year investment firm, to found a Pasadena, California-based venture firm called Calibrate Ventures. Investors clearly like what they build. Company founders Kevin Dunlap and Jason Schoettler announce today that they have completed their $ 80 million capital appreciation efforts, including Shea Ventures itself and Foundry Group (19459005), …
Read More »The podcast industry wants to better track listeners using the new RAD – TechCrunch analysis technology
Internet users are already being tracked to death. Ads that follow us, search histories that are captured and stored, emails that tell senders when they've been read, websites that know where you've scrolled, what you've clicked, and much more. Of course, the growing podcast industry also wanted to find a way to gather more data. Yes, that's right. Podcasts now …
Read More »Huawei CFO accused of fraud is $ 7.5M bail – TechCrunch
The Canadian government has granted bail to Meng Wanzhou, Huawei's chief financial officer, 10 days after her arrest in Vancouver. Wanzhou, the daughter of Huawei founder Ren Zhengfei, Wanzhou would have been accused of fraud with a maximum 30 years in prison. She was arrested by Canadian officials at the request of the U.S. Government on December 1 while changing …
Read More »Wix launches a new suite of products for support, sales and marketing – TechCrunch
Ascend PR Manager Matt Rosenberg explained that just as Wix was founded with the aim of demystifying and democratizing how You get online, "Ascend has a similar mission:" Other website builders like Squarespace and Weebly (now owned by Square ) Ascend seems like an extra ambitious expansion, encompassing 20 products in areas like chat, memberships, email marketing and search engine …
Read More »Bumblebees with high-tech backpacks serve as a data collection platform – TechCrunch
There is a lot of research into tiny drones, but one of the many hard areas is that they stay in the air for a real time. Why not take something that has been flying all day? That's the idea behind this project, which equips bumblebees with sensor-filled rucksacks that charge wirelessly and collect data about the fields they visit. …
Read More »Morgan Stanley buys the coveted Uber IPO role – TechCrunch
Uber has allegedly selected Morgan Stanley to direct its upcoming IPO, whose news became public last week when the giant filed a call for proposals with the US Securities and Exchange Commission Commission had requested an IPO in the first quarter of 2019. Uber's election, which was first reported by Bloomberg, comes after a month-long war offered by Morgan Stanley …
Read More »Google CEO wants not rule out relaunching in China – TechCrunch
Google's CEO about the company's intentions in China, following this summer's review of a controversial return to the local market for local services. Mountain View pulled its search engine out of China back in 2010, under pressure over censored search results. It also cited cyber attacks originating from the country as factoring in its decision to leave. So Congress wanted …
Read More »Facebook re-launches search ads to offset declining revenue – TechCrunch
It's an ad duoply battle. Facebook tests the search ads in the search bar and in the marketplace and competes directly with AdWords from Google. Facebook had already tried Sponsored Results for the first time in 2012, but finally discontinued the product in 2013. Now, a small group of advertisers from the automotive, retail, and e-commerce industries will be advertising …
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