Posts Tagged with ‘nasdaq’

We have recently discussed a lot the possibility of an initial public offering for Yandex, the major Russian search engine and provider of various internet services. Initially Yandex was planning an IPO on NASDAQ for some time this fall - yet we suggested that it was not actually wise with the negative reaction to the conflict between Georgia and Russia.
The opinion that the background was not quite suitable for the IPO was confirmed by an investment fund close to many [...]

Earlier today things got absolutely crazy with Google stock traded on NASDAQ. Throughout the day the price was quite strong and even gaining after Monday’s drop and suddenly 5 minutes before the closure it first jumped from $413 to $470 and then fell to $249 (see the graph on the left based on the minute-by-minute breakdown by Silicon Alley Insider).
It is quite understandable that many traders must have felt at the very least uncomfortable watching this plummeting but then NASDAQ [...]

Last week we published a post about Yandex, one of the most successful Russian internet businesses. The post was based on an interview with Yandex’ co-founder published in Times of London. The article described numerous successes of the search engine in Russia and the company’s plans for expansion: and the expansion means opening an office in San Francisco, hiring a former Yahoo vice president and announcing plans for IPO. Namely, the article read:
“This autumn Yandex is planning to float on [...]

What seemed to grow more and more apparent throughout the last few months in advance of Macworld Expo ’08 has finally been outed by big media.
The Financial Times reported early yesterday (in its trademark salmon-colored pages) that Apple and 20th Century Fox, a entity held by Rupert Murdoch’s News Corp, inked a deal that would grant iTunes users the option to rent films produced by the studio. The news of the impending partnership comes in anticipation of [...]

What is the name of the social network slated to be put first to the open markets?
That question has been dogging pundits and investors alike for quite some time. And now we’ve got an answer: Classmates.com.
Yes, Classmates.com. One of the few social networks so fortunate to be born of the Friendster era. The place marketed as the salvage yard for connections lost (and connections never had) among alumni of both elementary schools and collegiate environs. The website that [...]

The last few weeks have been hard on financial markets all over the globe. From New York To Tokyo to London to Beijing, the stocks of many an exchange have been pushed up and knocked down repeatedly with no sense of reason to speak of. Fear has taken hold.
Why do we talk of such madness here at Profy? Because the worldwide roller coaster has quite a few technology companies strapped in for the ride, and it seems fairly sensible to [...]

You’ve seen the headlines. Declarations that Mr Murdoch is fiddling with the idea of selling MySpace off to Yahoo! for a 25% stake in the Net’s #1 portal. That would mean those at Newscorp thought their dastardly ugly (they of course likely think she’s beautiful, as does most any parent - particular a parent with a big financial interest in its kin) social network was worth just north of $10 billion. Putting aside numbers for a moment, though, a [...]

Following an extended New Year weekend – a very pleasant one at that - I thought a roundup of how far Web 2.0 has come would give the right kickoff to a January of highly anticipated surprises. Then I wondered, well, how best to do that? It turns out a brief outing – doing some searching on Technorati - led me to just the right place, which, in some ways, recaps Web 2.0’s history, which, if nothing else, speaks volumes [...]