Tag Archive : Raise

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McAfee, the cybersecurity company founded by tech eccentric John McAfee, has set the terms for its initial public offering, hoping to raise as much as $682 million in a deal that could value the company at $3.64 billion.

McAfee, based in San Jose, plans to sell 37 million shares at a price of $19 to $22 each. The stock will trade on Nasdaq, with the ticker symbol MCFE, the company said in an SEC filing.

Of the 37 million shares, 30,982,558 will come from the company and 6,017,442 from existing stockholders. McAfee expects to have 165.44 million Class A shares outstanding after the IPO.

In the six months through June 27, McAfee posted profit of $31 million, swinging from a loss of $146 million in the year-earlier period. Revenue rose 9% to $1.4 billion from $1.29 billion.

John McAfee founded McAfee Associates in 1987 and ran it until 1994, when

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(Reuters) – Home rental company Airbnb Inc is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the COVID-19 pandemic roiled the travel industry.

FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie/File Photo

Airbnb will be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs, featuring the likes of record label Warner Music Group WMG.O, data analytics firm Palantir Technologies PLTR.N and data warehouse company Snowflake Inc SNOW.N.

Airbnb said in August it had filed confidentially for an IPO with U.S. regulators.

The company’s current plan is to

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(Reuters) – Home rental company Airbnb Inc is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the COVID-19 pandemic roiled the travel industry.

FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie/File Photo

Airbnb will be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs, featuring the likes of record label Warner Music Group WMG.O, data analytics firm Palantir Technologies PLTR.N and data warehouse company Snowflake Inc SNOW.N.

Airbnb said in August it had filed confidentially for an IPO with U.S. regulators.

The company’s current plan is to

Read More

A map of African operations hangs on a wall near a glass elevator at MTN Group Ltd.'s headquarters in Johannesburg, South Africa.

Photographer: Waldo Swiegers/Bloomberg

South Africans were cheered Wednesday with two announcements many thought would never come: Arrests in relation to state corruption and plans to auction new internet spectrum.

Four government officials and business people were detained as part of an investigation into a 255 million-rand ($15-million) asbestos audit project awarded by a provincial housing department, according to a police unit. The move is a rare sign of progress in the fight to curb graft that became rife under former President Jacob Zuma.

Read More: South Africa Authorities Arrest Four in Asbestos Audit Probe

His successor, Cyril Ramaphosa, launched an inquiry into corruption shortly after ousting Zuma in early 2018, but many South Africans have become disillusioned with the process as few culprits have been

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a group of people standing in front of a building: Player avatars from Zynga's FarmVille 2 are seen on a stairway at the entrance to Zynga headquarters in San Francisco, California April 23, 2013. Robert Galbraith/Reuters


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Player avatars from Zynga’s FarmVille 2 are seen on a stairway at the entrance to Zynga headquarters in San Francisco, California April 23, 2013. Robert Galbraith/Reuters

  • Zynga announced Monday that FarmVille is shutting down on Facebook by the end of the year.
  • The news comes after Facebook announced it would stop supporting games that run on Adobe’s Flash Player by December 31.
  • The farm simulation game launched in 2009 and quickly rose in popularity, drawing millions of online players.
  • Visit Business Insider’s homepage for more stories.

FarmVille is shutting down on Facebook by the end of the year, Zynga announced Monday.

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The company said the move is due to Adobe’s decision to stop distributing and updating its Flash Player software. Facebook announced in June that it in turn would officially end support for Flash games on December 31, at which point FarmVille users

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NonProfit PRO recently released a study called “2018 Nonprofit Leadership Impact Study: A Look at the Challenges Nonprofit Leadership Is Facing and How to Address Them.” One of the findings of that report was the fact that:

  • 63 percent of respondents to their survey stated that digital fundraising accounted for less than 20 percent of their total revenue.
  • 20 percent of those who responded said that digital fundraising accounted for 21 to 30 percent of their total revenue.

Not prioritizing technology is a missed opportunity!

Why Mobile Matters

I say it often, mobile, mobile, mobile. It’s all about mobile, and in the quick-paced environment of today, even in the nonprofit sector, the organizations that are succeeding are those that are putting aside the traditional fundraising solutions and embracing technology fully, especially and including mobile.

As reported by August Ash about global mobile facts, in October of 2016, there was more … Read More