May 1, 2012
The tech industry has hit Wall Street hard in the past couple of years with several IPOs. The trend is continuing as Facebook, the world’s largest social network, is expected to complete its initial public offering very soon.
Although many think that these IPOs legitimize areas such as social networking and gaming, there are some questions in terms of the impact on the market. According to Vitaliy Katsenelson...
April 12, 2012
The JOBS Act was signed into law last week in an effort to boost the economy. The law, which in long form is the Jumpstart Our Business Startups Act, is designed to help startups and small businesses raise capital and avoid cumbersome regulatory hurdles.
Michael McGeary of Hattery Labs worked directly with lawmakers on this bill and spoke with WebProNews about it. According to...
March 6, 2012
On Friday, Yelp saw its shares jump 64 percent in its first day of trading. The online review site’s shares went from $15 per share initial pricing to $24.58, a hike that some people equated to gains made during the dot-com boom.
Yelp’s second day of trading, however, was quite different. The stock plunged nearly 15 percent yesterday, lowering its market capitalization to $1.26 billion...