Reddit’s Planned IPO Is Said to Seek Up to $748 Million: Reddit Inc. and its investors are seeking to raise as much as $748 million in what would be one of the ...
bloomberg.com/news/articles/2024-03-10/reddit-s-planned-ipo-is-said-to-seek-up-to-748-million
Quick Glance: Reddit to Go Public: Shares Priced at $31 Expected This Month
- San Francisco-based social media company Reddit is set to go public this month, aiming to raise nearly $750 million (€686 million) through its initial public offering of common stock.
- Reddit plans to include 22 million shares of Class A common stock in the IPO, with 15.3 million shares expected to be available while selling stockholders offer about 6.7 million shares.
- The anticipated price of Reddit's shares is between $31 (€28) and $34 (€31) per share, and the company intends to utilize the proceeds for general corporate purposes, taxes, and possible acquisitions.
- In the October-December quarter, Reddit reported a net income of $18.5 million (€16.9 million) on revenue of $249.8 million (€228.6 million), primarily driven by advertising.
Apple's new iPad Pro likely to launch in May, ramps up overseas production, Bloomberg News reports
reuters.com/technology/apples-new-ipad-pro-likely-launch-may-ramps-up-overseas-production-bloomberg-2024-03-28/
US FAA weighs curbing new routes for United after safety incidents, Bloomberg reports
reuters.com/business/aerospace-defense/us-faa-weighs-curbing-new-routes-united-after-safety-incidents-bloomberg-reports-2024-03-23/
Belarusian Elections: What’s at Stake as Key Russian Ally Votes?: Belarus is holding its first nationwide election since the start of a massive political ...
bloomberg.com/news/articles/2024-02-25/belarusian-elections-what-s-at-stake-as-key-russian-ally-votes
Target looks to double bonuses this year, Bloomberg News says: Big-box retailer Target is doubling the bonuses for its salaried employees this year ...
reuters.com/business/retail-consumer/target-looks-double-bonuses-this-year-bloomberg-news-says-2024-03-21/
Apparel retailer Express may file for bankruptcy as soon as next week, Bloomberg News reports
reuters.com/business/retail-consumer/apparel-retailer-express-may-file-bankruptcy-soon-next-week-bloomberg-news-2024-04-02/
Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports
reuters.com/world/asia-pacific/sri-lanka-start-restructuring-talks-with-investors-next-week-bloomberg-news-2024-03-20/
China prepares $27 bln chip fund to counter growing US restrictions, Bloomberg reports
reuters.com/technology/china-prepares-27-bln-chip-fund-counter-growing-us-restrictions-bloomberg-2024-03-08/
Shell to cut about 20% of jobs in deals team, Bloomberg News reports: Oil major Shell is planning to cut at least 20% of jobs in its deals team ...
reuters.com/business/energy/shell-cut-about-20-jobs-deals-team-bloomberg-news-reports-2024-03-13/
Cloud software company HashiCorp exploring potential sale, Bloomberg News reports
reuters.com/technology/cloud-software-company-hashicorp-exploring-potential-sale-bloomberg-news-reports-2024-03-15/
Honeywell considering selling its COVID protective gear unit, Bloomberg News says
reuters.com/markets/deals/honeywell-considering-selling-its-covid-protective-gear-unit-bloomberg-news-says-2024-04-02/
National Bank of Canada weighs sale of Cambodian unit, Bloomberg News reports: National Bank of Canada is exploring options for its Cambodian unit ABA Bank ...
reuters.com/markets/deals/national-bank-canada-weighs-sale-cambodian-unit-bloomberg-news-reports-2024-03-12/
Broadcom to pause sale of Carbon Black unit, Bloomberg reports: Chipmaker Broadcom has put on hold a sales process for its security software business Carbon ...
reut.rs/4bJSXEG
Russia Plans to Boost Key Diesel Exports by a Fifth in January: Russia plans to boost diesel exports from its major western ports by almost a fifth next month ...
bloomberg.com/news/articles/2023-12-29/russia-plans-to-boost-key-diesel-exports-by-a-fifth-in-january
Paid articlePaid
Twitter asks some laid off workers to come back, Bloomberg reports: After Twitter Inc laid off roughly half its staff on Friday following Elon Musk's $44 billion ...
reuters.com/technology/twitter-asks-some-laid-off-workers-come-back-bloomberg-news-2022-11-06/
Quick Glance: Twitter invites some laid-off employees to return: Report
- Twitter recently laid off 50% of its staff, including members of the trust and safety team, according to Yoel Roth, the company's head of safety and integrity, in a tweet earlier this week.
- According to tweets from the social media company's employees, teams responsible for communications, content curation, human rights, and machine learning ethics, as well as several product and technical teams, were among those laid off.
- In Musk's first big adjustment to the social media network, Twitter updated its app in Apple's App Store on Saturday, charging $8 for sought-after blue check verification marks.
- ALSO READ: Twitter fires employees in Singapore
Apple drops plan to boost iPhone production as demand falters-Bloomberg: Apple Inc is dropping plans to increase production of its new iPhones this year after an ...
reuters.com/technology/apple-drops-iphone-production-increase-plans-demand-falters-bloomberg-news-2022-09-28/
Pakistan finmin expects economy to grow more than 3.5% this FY - Bloomberg News: Pakistan Finance Minister Miftah Ismail expects the economy to grow more than 3 ...
reuters.com/world/asia-pacific/pakistan-finmin-expects-economy-grow-more-than-35-this-fy-bloomberg-news-2022-09-04/
China holds emergency talks with chip firms after U.S. curbs -Bloomberg News: China's Ministry of Industry and Information Technology convened a series of ...
reuters.com/technology/china-holds-emergency-talks-with-chip-firms-after-us-curbs-bloomberg-news-2022-10-20/
Intel plans to cut thousands of jobs hit by PC slowdown - Bloomberg News: Chipmaker Intel Corp (INTC.O) is planning a major reduction in headcount ...
reuters.com/technology/intel-plans-cut-thousands-jobs-face-pc-slowdown-bloomberg-news-2022-10-11/
Amazon plans to close several U.S. call centers - Bloomberg News: Amazon.com Inc is planning to close several call centers in the United States in a move toward ...
reuters.com/technology/amazon-plans-close-several-us-call-centers-bloomberg-news-2022-09-28/
Britain plans for organised blackouts in January - Bloomberg News: Britain is making plans for organised blackouts for industry and households over winter when ...
reuters.com/world/uk/britain-plans-organised-blackouts-january-bloomberg-news-2022-08-09/
Russia mulls buying $70 billion in yuan and other 'friendly' currencies- Bloomberg
reuters.com/markets/currencies/russia-mulls-buying-70-billion-yuan-other-friendly-currencies-bloomberg-2022-09-01/
China leaders say 5.5% GDP growth is guidance, not hard target - Bloomberg News: Chinese leaders told the government that this year's economic growth of about 5 ...
reuters.com/world/china/china-leaders-say-55-gdp-growth-is-guidance-not-hard-target-bloomberg-news-2022-08-02/
Apple delays plan to require workers in the office three days a week: The tech giant also reinstates mask requirements for common areas, citing a rise in ...
washingtonpost.com/business/2022/05/17/apple-office-three-days-week/
Bloomberg suspends work in Russia, Belarus - KyivPost - Ukraine's Global Voice
kyivpost.com/eastern-europe/bloomberg-suspends-work-in-russia-belarus.html
Oil surges past $105 for first time in 8 years as Russia attacks Ukraine: The escalation has spooked a market that was already under stress
financialpost.com/commodities/energy/oil-gas/oil-soars-past-100-as-russia-attacks-targets-across-ukraine
Apple to improve working hours for retail staff - Bloomberg News: Apple Inc (AAPL.O) will make work schedules for retail staff flexible amid a push towards ...
reuters.com/technology/apple-improve-working-hours-retail-staff-bloomberg-news-2022-06-02/
Tesla signed secret nickel supply deal with Vale - Bloomberg News: Tesla Inc (TSLA.O) has signed an undisclosed deal with Brazilian mining company Vale S.A ...
reuters.com/business/autos-transportation/tesla-signed-secret-nickel-supply-deal-with-vale-bloomberg-news-2022-03-30/
Pentagon to request fewer Lockheed F-35 warplanes in next budget - report: The Pentagon will request 61 F-35 stealth warplanes from Lockheed Martin Corp (LMT ...
reuters.com/business/aerospace-defense/pentagon-cuts-request-lockheeds-f-35s-by-35-bloomberg-news-2022-03-16/
Nikola founder Trevor Milton votes against issuing new shares - Bloomberg News: Nikola Corp's (NKLA.O) founder Trevor Milton voted against the electric vehicle ...
reuters.com/business/autos-transportation/nikola-founder-trevor-milton-votes-against-issuing-new-shares-bloomberg-news-2022-06-02/
Apple raises pay of many U.S. retail employees - Bloomberg News: Apple Inc (AAPL.O) is raising the pay of many U.S. retail employees effective this month ...
reuters.com/world/us/apple-raises-pay-many-us-retail-employees-bloomberg-news-2022-02-12/
Apple tests several new Macs with next-generation M2 chips - Bloomberg News: Apple Inc has started internal testing of several Mac models with next-generation M2 ...
reuters.com/technology/apple-tests-several-new-macs-with-next-generation-m2-chips-bloomberg-news-2022-04-14/
Goldman Sachs reviews abortion benefits ahead of potential Supreme Court ruling: Goldman Sachs Group Inc (GS.N) is reviewing its policies for abortion benefits ...
reuters.com/world/us/goldman-sachs-jpm-weigh-abortion-travel-expense-coverage-staff-bloomberg-news-2022-05-05/
Ford to make new investment of up to $20 billion in EV push- Bloomberg News: Ford Motor Co (F.N) is planning additional investment of up to $20 billion in ...
reuters.com/technology/ford-invest-up-20-billion-ev-push-bloomberg-news-2022-02-01/
China's anti-corruption watchdog involved in probe of Jack Ma's Ant - Bloomberg News
reuters.com/technology/chinas-anti-corruption-watchdog-involved-probe-jack-mas-ant-bloomberg-news-2022-04-14/
FDA expected to approve Covid treatment pills within days: Agency will give go-ahead for Pfizer and Merck to launch groundbreaking oral treatments perhaps this ...
theguardian.com/world/2021/dec/21/fda-approve-paxlovid-molnupiravir-covid-pills
Fashion startup Shein raising funds at $100 billion value, Bloomberg reports: Chinese fast fashion e-commerce startup Shein is weighing a funding round at a ...
reuters.com/business/fashion-startup-shein-raising-funds-100-bln-value-bloomberg-news-2022-04-03/
Apple sets April 11 deadline for U.S. corporate staff to return to office - Bloomberg News
reuters.com/technology/apple-sets-april-11-deadline-us-corporate-staff-return-office-bloomberg-news-2022-03-04/
Tesla delays over $1 bln bond sale backed by auto leases - Bloomberg News: Electric-car maker Tesla Inc (TSLA.O) delayed a more than $1 billion offering of bonds ...
reuters.com/business/autos-transportation/tesla-delays-over-1-bln-bond-sale-backed-by-auto-leases-bloomberg-news-2022-03-17/
HSBC weighs IPO of Indonesia business - Bloomberg News: HSBC Holdings PLC (HSBA.L) is considering an initial public offering of its Indonesian business ...
reuters.com/markets/europe/hsbc-weighs-ipo-indonesia-business-bloomberg-news-2022-05-26/
Chinese automaker FAW Group considers buying stake in Didi Global - Bloomberg News
reuters.com/markets/deals/chinese-automaker-faw-group-considers-buying-stake-didi-global-bloomberg-news-2022-05-27/
Chevron nears $3 bln deal to buy Renewable Energy Group - Bloomberg News: Chevron Corp (CVX.N) is nearing a $3 billion deal to buy biodiesel maker Renewable ...
reuters.com/business/energy/chevron-nears-3-bln-deal-buy-renewable-energy-group-bloomberg-news-2022-02-25/
Apple to turn iPhones into payment terminals, rival Square - Bloomberg: Apple Inc (AAPL.O) is planning a new service that will allow small businesses to accept ...
reuters.com/technology/apple-let-iphones-accept-credit-cards-without-extra-hardware-bloomberg-news-2022-01-27/
China considers Tencent payments overhaul, new license requirement - Bloomberg News
reuters.com/world/china/china-considers-tencent-payments-overhaul-new-license-requirement-bloomberg-news-2022-03-18/
China Tells Banks, State Firms to Report Exposure to Jack Ma’s Ant: Chinese authorities told the nation’s biggest state-owned firms and banks to start a fresh ...
bloomberg.com/news/articles/2022-02-21/china-tells-banks-soes-to-report-exposure-to-jack-ma-s-ant
Steve Cohen’s Point72 to redeem $750 million from Melvin Capital - Bloomberg News
reuters.com/business/steve-cohens-point72-redeem-750-mln-melvin-capital-bloomberg-news-2022-03-12/
Celanese nears over $10 bln deal to buy DuPont unit - Bloomberg News: Specialty chemicals company Celanese Corp is nearing a deal to buy DuPont de Nemours Inc's ...
reuters.com/business/celanese-nears-deal-buy-duponts-mobility-materials-unit-bloomberg-news-2022-02-17/
Credit Suisse tries to aid U.S. block-trading probe of rivals -Bloomberg News: Credit Suisse Group AG (CSGN.S) is trying to help the U.S. Department of Justice ...
reuters.com/business/credit-suisse-tries-aid-us-block-trading-probe-rivals-bloomberg-news-2022-02-25/
Apple to turn iPhones into payment terminals, rival Square - Bloomberg: Apple Inc (AAPL.O) is planning a new service that will allow small businesses to accept ...
reuters.com/technology/apple-let-iphones-accept-credit-cards-without-extra-hardware-bloomberg-news-2022-01-27/
Goldman Sachs seeks return of bonuses from bankers for jumping ship - Bloomberg News
reuters.com/business/finance/goldman-sachs-seeks-return-bonuses-bankers-jumping-ship-bloomberg-news-2022-02-23/
Ford Motor considering ways to run EV business separately - Bloomberg News: Ford Motor Co (F.N) is considering ways to separate its electric-vehicle operation ...
reuters.com/business/autos-transportation/ford-motor-considering-ways-run-ev-business-separately-bloomberg-news-2022-02-18/
Netflix's 'Squid Game' estimated to be worth about $900 mln - Bloomberg News: "Squid Game," Netflix Inc's (NFLX.O) biggest original series launch ...
reuters.com/lifestyle/netflixs-squid-game-estimated-be-worth-about-900-mln-bloomberg-news-2021-10-17/
Nvidia is reportedly preparing to abandon its $40 billion takeover of Arm: Nvidia is "quietly" preparing to abandon its $40 billion acquisition of British chip ...
cnbc.com/2022/01/25/nvidia-preparing-to-abandon-arm-takeover-bloomberg-reports.html
Apple's electric car could debut as soon as 2025 - Bloomberg News: Apple Inc (AAPL.O) is pushing to launch its electric car as early as 2025 and refocusing the ...
reuters.com/technology/apple-speeds-up-car-project-shifts-focus-autonomous-vehicle-bloomberg-2021-11-18/
Brookfield to target $25 bln for largest infrastructure fund - Bloomberg News: Canada's Brookfield Asset Management Inc (BAMa.TO) is looking to raise $25 billion ...
reuters.com/business/finance/brookfield-target-25-bln-largest-infrastructure-fund-bloomberg-news-2022-02-18/
Apple delays return to office - Bloomberg News: Apple Inc (AAPL.O) is delaying its return to the office indefinitely, Bloomberg News reported on Wednesday ...
reuters.com/technology/apple-delays-return-office-bloomberg-news-2021-12-15/
Goldman appoints Sarsfield to co-run asset management unit - Bloomberg News: Goldman Sachs Group Inc (GS.N) has appointed Luke Sarsfield to co-head its $1 ...
reuters.com/business/finance/goldman-appoints-sarsfield-co-run-asset-management-unit-bloomberg-news-2022-01-24/
Microsoft eyeing deal to buy cybersecurity firm Mandiant -Bloomberg: Microsoft Corp (MSFT.O) is considering a deal to buy cybersecurity firm Mandiant Inc (MNDT ...
reuters.com/technology/microsoft-considers-deal-buy-cybersecurity-firm-mandiant-bloomberg-news-2022-02-08/
Morgan Stanley's role in Archegos collapse sped up block trade probes -Bloomberg News
reuters.com/business/finance/morgan-stanleys-role-archegos-collapse-sped-up-block-trade-probes-bloomberg-news-2022-02-16/
Hong Kong airport to ban transit by those from high-risk nations -Bloomberg: Hong Kong's international airport is set to ban transit by passengers from ...
reuters.com/business/aerospace-defense/hong-kong-airport-ban-transit-by-those-high-risk-nations-bloomberg-2022-01-11/
OPEC postpones technical meetings to evaluate Omicron impact -Bloomberg News: OPEC is moving two technical meetings to later this week in order to give ...
reuters.com/business/energy/opec-postpones-technical-meetings-evaluate-omicron-impact-bloomberg-news-2021-11-28/
Sony cuts PlayStation 5 production outlook due to component snag -Bloomberg News: Sony Group Corp (6758.T) has reduced its PlayStation 5 production outlook for ...
reuters.com/technology/sony-cuts-playstation-5-production-outlook-due-component-snag-bloomberg-news-2021-11-11/
Huawei to sell key server division due to U.S. blacklisting- Bloomberg News: Huawei Technologies Co (HWT.UL) is in advanced talks to sell its x86 server business ...
reuters.com/technology/huawei-sell-key-server-division-due-us-blacklisting-bloomberg-news-2021-11-02/
JPMorgan set to pay $200 mln fine over staff communications lapse - Bloomberg News
reuters.com/business/finance/jpmorgan-set-pay-200-mln-fine-over-staff-communications-lapse-bloomberg-news-2021-12-10/
Monster Beverage exploring merger with Constellation Brands - source: Energy drinks maker Monster Beverage Corp (MNST.O) is discussing a merger with ...
reuters.com/markets/deals/monster-beverage-exploring-deal-with-constellation-brands-bloomberg-news-2021-11-22/
KKR, CVC Capital in talks to jointly bid for Telecom Italia – Bloomberg News: KKR & Co (KKR.N) and CVC Capital Partners are considering teaming up on a bid for ...
reuters.com/markets/europe/kkr-cvc-capital-partners-considering-teaming-up-bid-telecom-italia-bloomberg-2021-11-25/
Emerson Electric working on deal with software firm Aspen Tech - Bloomberg News: Manufacturing giant Emerson Electric Co (EMR.N) is in talks to merge its ...
reuters.com/technology/emerson-electric-working-deal-with-software-firm-aspen-tech-bloomberg-news-2021-10-06/
Apple to delay office returns to October - Bloomberg News: Apple Inc (AAPL.O) will delay the return of its employees to office by at least a month to October at ...
reuters.com/technology/apple-delay-office-returns-october-bloomberg-news-2021-07-20/
HSBC in talks to move NYC headquarters to Hudson Yards' Spiral - Bloomberg News: HSBC Holdings Plc (HSBA.L) is in talks to move its New York headquarters to a ...
reuters.com/business/finance/hsbc-talks-move-nyc-headquarters-hudson-yards-spiral-bloomberg-news-2022-01-12/
Apple is delaying its return to corporate offices to January 2022 at the earliest from October due to surging COVID-19 cases and new variants ... https://reut.rs/3y8W7Ng
Advent, Carlyle considering bid for DuPont's $12 bln unit - Bloomberg News: Carlyle Group Inc (CG.O) and Advent International Corp are among several buyout firms ...
reuters.com/markets/deals/advent-carlyle-consider-bid-duponts-12-bln-unit-bloomberg-news-2021-12-09/
Binance under investigation by Justice Department, IRS - Bloomberg News: Binance, one of the world's largest cryptocurrency exchanges, is under ...
reuters.com/technology/binance-under-investigation-by-justice-department-irs-bloomberg-news-2021-05-13/
U.S.' Blinken urges China to act responsibly in Evergrande crisis - Bloomberg News
reuters.com/world/china/us-blinken-urges-china-act-responsibly-evergrande-crisis-bloomberg-news-2021-10-06/
Yellen says higher interest rates would be 'plus' for U.S., Fed- Bloomberg News: U.S. Treasury Secretary Janet Yellen said that President Joe Biden's $4 ...
reuters.com/business/yellen-says-higher-interest-rates-would-be-plus-us-fed-bloomberg-news-2021-06-06/
As Wirecard Collapsed, Key Player Fled by Private Jet to Belarus: A former senior executive at Wirecard AG escaped from Austria to Belarus on a private aircraft ...
bloomberg.com/news/articles/2021-01-25/as-wirecard-collapsed-key-player-fled-by-private-jet-to-belarus
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics