Lyft opens up more than 20% on its first day of trading after raising $2.3B in its IPO, which valued the company at over $20B (Sara Salinas/CNBC)

Sara Salinas / CNBC:
Lyft opens up more than 20% on its first day of trading after raising $2.3B in its IPO, which valued the company at over $20B  —  - The offering marks the first debut from a heavyweight class of tech companies going public in 2019.  — Lyft revealed skyrocketing revenues in its initial IPO prospectus …



from Techmeme https://ift.tt/2CIG2UP

Comments

Post a Comment

Popular posts from this blog

Microsoft says it has no plans to add more backward compatible titles for Xbox One, but says Project Scarlett will run games from all four Xbox generations (Tom Warren/The Verge)

Image
Tom Warren / The Verge : Microsoft says it has no plans to add more backward compatible titles for Xbox One, but says Project Scarlett will run games from all four Xbox generations   —  No more Xbox 360 and Xbox additions to the catalog  —  Microsoft is winding down new additions to its Xbox backward compatibility catalog. from Techmeme http://bit.ly/2Iw9XkX
Read more

Internal docs: Facebook employees created a test account in 2019 and within days, it was recommended extreme and conspiratorial content, including QAnon Groups (Brandy Zadrozny/NBC News)

Image
Brandy Zadrozny / NBC News : Internal docs: Facebook employees created a test account in 2019 and within days, it was recommended extreme and conspiratorial content, including QAnon Groups   —  In the summer of 2019, a new Facebook user named Carol Smith signed up for the platform, describing herself as a politically conservative mother … from Techmeme https://ift.tt/3b2bRZh
Read more

Facebook teases Project Cambria, a high-end mixed reality headset coming next year with cameras that allow high-resolution passthrough (Adi Robertson/The Verge)

Image
Adi Robertson / The Verge : Facebook teases Project Cambria, a high-end mixed reality headset coming next year with cameras that allow high-resolution passthrough   —  We'll learn more next year  —  Facebook is planning a high-end virtual and augmented reality headset codenamed “Project Cambria.” from Techmeme https://ift.tt/3GwLJUX
Read more