Yahoo is splitting its remaining Alibaba shares into a separate company called SpinCo. The move will help Yahoo avoid the tax pitfalls of the investment. The news came Tuesday as Yahoo reported its fourth… Read more »
It’s official. Alibaba is going to be the largest IPO in US history. The company is going public Friday and just settled on its opening price — a whopping $68. That means… Read more »
With less than a week to go before Alibaba’s expected IPO, the company has decided to make a little more cash by charging a higher amount for its shares. Read more »
Alibaba is shoring up its war-chest with a massive IPO. But what does it mean for the American startups and tech companies with which Alibaba competes? Read more »
Gaming company Kabam, creator of such little known hits as “Kingdoms of Camelot” and “The Hobbit: Kingdoms of Middle-earth,” has joined the elite-ish $1 billion valuation club following a sizable Series… Read more »
If a $3 billion acquisition offer shocked you, prepare to faint at the latest Snapchat news: The company is reportedly in financing talks that would value it at $10 billion. Investors… Read more »