Satellite services provider Globalstar says Apple committed $1.1B to expand satellite service capacity and $400M to buy a 20% equity stake; GSAT closes up 31%
Indicate by check mark whether the registrant is an emerging growth company as defined … Mudit Dube / NewsBytes : Apple invests over $1 billion to enhance satellite messaging capabilities CGTN : Apple...
Spotify reports 108M paying subscribers in Q2, up 31% YoY, revenue of €1.67B, up 31% YoY, and an operating loss of €3M
Spotify Anna Nicolaou / Financial Times : Spotify misses a beat as subscriber numbers disappoint Manish Singh / TechCrunch : Spotify hits 108M paying users and 232M overall, but its average revenue pe...
Pinterest sets IPO price range at $15-$17 per share, to raise as much as $1.275B at up to a $11.3B valuation; Pinterest was valued at $12.3B in its last round
below its latest private valuation Maria Deutscher / SiliconANGLE : Ahead of IPO, Pinterest sets price target below last valuation PE Hub Blog : Pinterest seeks $15-$17 per share in IPO, below last pr...
Lyft S-1: 2018 revenue of $2.2B up 100% YoY, gross bookings of $8.1B from 1B+ rides, loss of $911M, up 32% YoY, 39% market share in the US, up from 22% in 2017
So Are Losses Walter Frick / HBR.org : The Strategy Question at the Center of Lyft's IPO Axios : Lyft files first for IPO in litmus test for the industry Harper Neidig / The Hill : Lyft files to go pu...
Samsung forecasts record Q3 operating profit of ~$15.8B, up 20% YoY, and revenue of ~$57.3B, up 5% YoY, on continued strong demand for its memory chips
Steven Musil / CNET :
Uber Eats says it's switching from flat $5 delivery fees to variable fees based on distance, usually between $2 and $8; the new pricing is rolling out today
Dara Kerr / CNET :
Browser maker Opera closes up ~10% on first day of trading in the US after raising $115M in its IPO and an additional $60M via private sale to Bitmain and IDG
Stephen Shankland / CNET :
Browser maker Opera closes up ~10% on first day of trading in the US after raising $115M in its IPO and an additional $60M via private sale to Bitmain and IDG
Stephen Shankland / CNET :
Wish says it hit $1B+ in revenue in 2017, roughly doubling YoY, had 1M+ merchants and 75M MAUs as of April, as it goes after Walmart's value conscious customers
Ben Fox Rubin / CNET : Tweets: @cnetnews . Thanks: @rogerwcheng Tweets: @cnetnews : The startup reveals that it hit over $1 billion in revenue for the first time in 2017 and expects to double that th...
VideoCoin, blockchain-based video streaming project backed by CNET co-founder Halsey Minor, raises $50M in an ICO completed via private placements
Brady Dale / CoinDesk :