Bloomberg reports that Google has hired Morgan Stanley and Goldman Sachs to manage its initial public offering this year.
The sale by Google, the world's most used Internet search engine, would be the biggest IPO since CIT Group Inc.'s $4.87 billion deal in July 2002. It "will certainly be the deal of the year,'' said Sanford Robertson, who founded San Francisco-based investment bank Robertson, Stephens & Co. before starting private- equity firm Francisco Partners LP.
About a third of Mountain View, California-based Google may be sold in the IPO, giving the company a market value of about $12 billion, the bankers said. The company will probably register the shares for sale with the Securities and Exchange Commission this month and sell them by April, they said.
Microsoft is hiring former Obama administration Attorney General Eric Holder to provide legal window dressing for their AnyVision technology, which the company says complies with the ethical principles stipulated during the facial recognition company’s Series A.
Between all of our apps, streaming devices, Bluetooth speakers, and energy-sucking decorations, paying for utilities each month can be…brutal. In fact, the average household spends roughly $70 a month on the water bill alone. That number might not seem terribly significant, but when you add it up, that’s $840 a year — a pretty significant […]
Seems like no matter what kind of wireless earbud you buy, you’re sacrificing something: Sound for longevity, battery life for durability, the list goes on. Finally, it seems like the tech is starting to come together for the full package in a few newer models. Case in point: These PaMu Slide Bluetooth 5 In-Ear Headphones. […]
If you’re doing any kind of data work, chances are you’re working in Excel. This venerable platform has evolved beyond its roots as a workhorse spreadsheet creator into an essential tool for data analysts and other high-level number crunchers. Want to brush up on this year’s version of the software? There’s no quicker way than […]