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Extra Crunch roundup: A fistful of IPOs, Affirm's Peloton problem, Zoom Apps and more

3 days ago   |   By Tech Crunch

DoorDash, Affirm , Roblox , Airbnb , C3.ai and Wish all filed to go public in recent days, which means some venture capitalists are having the best week of their lives.
Tech companies that go public capture our imagination because they are literal happy endings. An Initial Public Offering is the promised land for startup pilgrims who may wander the desert for years seeking product-market fit. After all, the “I” in “ISO” stands for “incentive.”
A flurry of new S-1s in a single week forced me to rearrange our editorial calendar, but I didn't mind; our 360-degree coverage let some of the air...
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Initial public offerings scheduled to debut next week

Initial public offerings scheduled to debut next week

3 days ago   |   By Stl Today

NEW YORK - The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.
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Online marketplace Wish files for initial public offering

3 days ago   |   By Fortune

Online retailer Wish has filed for a U.S. initial public offering, joining the rush of consumer technology companies seeking to go public before the end of the year.
Wish's parent company, San Francisco-based ContextLogic, plans to list on the Nasdaq Global Select Market under the symbol WISH, according to a filing Friday with the U.S. Securities and Exchange Commission. It listed a potential offering size of $1 billion, a placeholder that will likely change.
Goldman Sachs, JPMorgan Chase and Bank of America are leading the IPO, according to the filing.
While Wish filed confidential...
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Global shares mostly rise on virus vaccines, Yellen hopes

Global shares mostly rise on virus vaccines, Yellen hopes

TOKYO - Global shares were mostly higher Tuesday, encouraged by news on the development of coronavirus vaccines and more assurance of a transition of power in the U.S. to... Read more ...

Elon Musk surpasses Bill Gates as the world's second-richest person as...

Elon Musk surpasses Bill Gates as the world's second-richest person as Tesla's market value nears $500 billion

Summary List Placement Elon Musk has overtaken Bill Gates as the world's second-richest person. His net worth is now $128 billion. Musk's wealth has been on a steady climb this... Read more ...

Shanghai's airport - the 11th-busiest in the world - ringfenced 17,700...

Shanghai's airport - the 11th-busiest in the world - ringfenced 17,700 employees for COVID-19 testing after finding 5 positive cases linked to the cargo unit

Summary List Placement A major Chinese airport isolated and tested more than 17,700 employees for COVID-19 after finding a handful of positive cases in the cargo unit, state... Read more ...

Oil wipes out most of its pandemic losses and hits its highest since March...

Oil wipes out most of its pandemic losses and hits its highest since March, as a vaccine rollout turns traders bullish on 2021

Summary List Placement The oil price rose for a third day on Tuesday, reaching its highest since March, as the imminent rollout of COVID-19 vaccines breathed life into the... Read more ...

The Latest: Germany wants quarantines before holiday visits

The Latest: Germany wants quarantines before holiday visits

BERLIN - Germany's 16 states want people to self-quarantine for several days before visiting family at Christmas, to reduce the risk of spreading the coronavirus to elderly and... Read more ...

Finance sector embraces VR to make remote working more interesting

Finance sector embraces VR to make remote working more interesting

VR has been seized on by the financial sector as a way of enlivening home working for lonely traders or isolated executives. Read more ...

10 things in tech you need to know today

10 things in tech you need to know today

Summary List Placement Good morning! This is the tech news you need to know this Tuesday. Sign up here to get this email in your inbox every morning. Have an Amazon Alexa... Read more ...

AP source: Biden taps ex-Fed chair Yellen to lead treasury

AP source: Biden taps ex-Fed chair Yellen to lead treasury

WASHINGTON - President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to serve as treasury secretary, a pivotal role in which she would help shape and... Read more ...

Kahoot has acquired language learning mobile game maker Drops for up to $50...

Kahoot has acquired language learning mobile game maker Drops for up to $50 million

Norwegian learning platform company Kahoot has acquired Estonia's language learning mobile game maker Drops for as much as $50 billion. Read more ...

The U.S. Dollar Is Being Systematically Destroyed, And We Are On A Path That...

The U.S. Dollar Is Being Systematically Destroyed, And We Are On A Path That Inevitably Leads To Hyperinflation

If we keep treating the U.S. dollar like it is toilet paper, it is just a matter of time before our entire financial system goes down the tubes. At this moment, the dollar is... Read more ...