Snap Inc. on Thursday filed updated paperwork with the U. S. Securities & Exchange Commission (SEC) detailing its eagerly-awaited initial public offering (IPO).
According to the social media company's SEC filing, it will sell up to 230 million shares with price tag range between $14 and $16 per share. That would generate up to $3.6 billion for the company.
Following years of speculation that Facebook could try to harness its huge audience to take on services like LinkedIn, the social-networking giant has announced that it will soon allow businesses to post job openings and job seekers to hunt for new jobs.
Andrew Bosworth, Facebook's vice president of ads and business platform, told reporters that the company has created new tools to allow small and midsized businesses to hire the right people through the service.
In a bid to win the high-stakes talent war in the budding self-driving car industry, auto giant Ford has decided to bet $1 billion through a majority investment in a start-up company called Argo AI.
Announcing the deal, the American auto giant said that a group of company employees along with its virtual driver system (autonomous vehicles) will join forces with the talent and expertise of Argo AI's founders and their strong experience in robotics.
Twitter Inc.'s role as a megaphone for the U. S. president and numerous celebrities has failed to attract ordinary people to the social-networking platform, the company's latest earnings report and dismal forecast indicated.
Jack Dorsey, the chief executive officer of Twitter, acknowledged that the company might not be meeting everyone's growth expectations, and admitted that they needed to do more to convince people.
Billionaire innovator Elon Musk has confirmed that Tesla is still working on an electric semi truck, but stressed that the company's primary focus for this year will continue to be on the Model 3.
With the electric semi truck dubbed "Tesla Semii," Tesla wants to appeal to a larger audience. If the company successfully manages to place an electric semi truck in the cargo industry, then the costs of shipping can be significantly decreased globally.
Multinational technology giant Lenovo's recently unveiled ThinkPad P71 laptop boasts to have some really unique features that allow it to outshine rival machines in the increasingly crowded market.
The 7.5-pound Lenovo ThinkPad P71 laptop is a superfast machine that can flawlessly work with HTC's Vive and the Oculus Rift virtual reality (VR) headsets.
Evony, an online city-building game that is widely known for placing half-naked women into its web adverts, recently put a commercial during the National Football League's finals to attract more gamers.
The free-to-play game's controversial ads, showing female cleavage, can often be seen in Facebook sidebars. Moving from placing women's half-naked images to get the attention of players to place a commercial during the NFL's finals surprised many.
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