Kara Swisher in News on April 28 at 11:02 am PT
According to sources close to the situation, Demand Media was deep into discussions with a private equity firm to complete a deal that would have taken the online content company private for double its current value.
Voices
Spencer E. Ante, Reporter, The Wall Street Journal in Social on March 8 at 4:30 pm PT
Instagram is poised to raise a new round of financing that will value the popular photo-sharing application at as much as $500 million, people familiar with the matter said, despite some skepticism that the fast-growing company will find a way to make money.
Arik Hesseldahl in News on December 21, 2011 at 3:50 pm PT
A disappointing quarter from Oracle seems to blast apart the idea that enterprise tech companies are holding steady. As usual, the markets overreacted.
News Byte
Ina Fried in Mobile on December 5, 2011 at 2:29 pm PT
Struggling wholesale wireless carrier Clearwire said on Monday that it plans to sell $300 million worth of stock as part of its effort to bolster its financial position. The company also plans to offer its underwriters an option to purchase up to an additional $45 million worth of shares.
Arik Hesseldahl in News on October 24, 2011 at 5:58 am PT
The cloud-based human resources software outfit is growing fast and eyeing an IPO next year. Among its new investors: T. Rowe Price, Morgan Stanley and Fidelity.
John Paczkowski in AsiaD on October 19, 2011 at 10:52 pm PT
If you don’t want to call it a “bubble,” that’s up to you. But it’s clear that what’s happening in Silicon Valley is different from just about everywhere else. Three of its most interesting stars share their take on the scene, and explain how they’re trying to export it to Asia.
Arik Hesseldahl in News on October 18, 2011 at 9:53 am PT
Rare is the company that spurns the acquisitive interests of cash-rich Apple. Drew Houston, the founder of file-sharing start-up Dropbox, once did just that.
