Summary Over the last three years, we've seen an increasing number of tech IPOs - many from consumer-facing companies that we've long known were headed for an IPO. Zuora is the most likely product that is used by nearly all the companies in this article, meaning that it has been part of the success of an entire generation of SaaS companies.
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Summary Public offerings from Silicon Valley and San Francisco so far this year have been concentrated in the health and medical sectors. San Francisco cloud storage provider Dropbox raised about $250 million in a recent funding that came with a valuation of about $10 billion.
Summary IDG News Service (New York Bureau) -- The tech IPO market is coming back, just don't call it a bubble. "Tech IPOs are tied to the Nasdaq -- so many tech companies are in the Nasdaq," Fitzgibbon said.
Summary On Friday, the Chinese government said it would temporarily suspend two types of smartphone payments for online transactions in China: the use of QR codes and virtual credit card systems. An official at the People's Bank of China told a state government owned newspaper that the bank was studying the potential for security risks with both of those systems.
Summary At the end of a banner quarter of biotech IPOs that put millions into the pockets of drug developers, a few smaller players are sneaking out while the window stays open. Dipexium is in the midst of discussions with the FDA to get started on two parallel late-stage studies with eyes on eventual approval, the company said.
Summary The filing comes about four months after Twitter's public offering, and just hours after the Journal and others reported that e-commerce giant Alibaba Group Holding is planning to file in New York as soon as April. The site was founded in 2009 and, much to the frustration of the Chinese government, has served as a virtual town square for the Chinese to discuss everything from pop stars to corrupt politicians.
Summary Biotech IPOs in the past two weeks have been notably smaller, raising only $44 million on average, 43% less in proceeds than the sector's average this year. More biotech IPOs are on the way as well; only biotech and tech IPOs are scheduled for next week.
Summary "Market liquidity seems to be flowing back to our economy. That is. healthy. The panic over emerging markets seems to be less now. Now, it is time to focus on fundamentals," PSE president and chief executive officer Hans Sicat said.
Summary An Aussie tourist's Manhattan massage took a twisted turn when the woman giving him a rubdown stuffed his $25,000 watch into her privates and bolted, police sources said. Brenton Price took off his watch as Shacarye Tims, 25, gave him a massage at the Holiday Inn on West 26th Street in the predawn hours Sunday, he told police.
Summary Wednesday evening, a Palestinian man drove onto a sidewalk in a busy intersection in Jerusalem, plowed through several passengers and crashed into a light rail station, injuring eight people and killing the American infant. A medic and first responder described the incident from eyewitness accounts: "They said the car came out of nowhere. The stroller flew into the air and the baby was found 10 meters away from the stroller."
Summary Tension is growing between the mayor of San Jose and the city's Police Officers Association. "We'll get the facts and find out if it's part of a broader effort to undermine the police department. That's very concerning to me. It's concerning to the people of San Jose who have serious public safety concerns, and we need to find out if the Police Officers Association is intentionally undermining the police department," Reed said.
Summary But deep pockets better be in style as the trip costs $134,700. This avoids the equivalent of the fashion nightmare where two people wear the same outfit to an event. Travelers also get to keep the $4,200 electric bike at the end.