LinkedIn eyes public listing plan for 2011 January 6, 2011 LINKEDIN, the social networking site for professionals, plans to go public in 2011 and has selected its financial underwriters, according to sources familiar with the situation. Morgan Stanley, Bank of America and JPMorgan are among the book runners. Bankers made their pitches to the privately-held company in November. “An IPO is just one of many [...]
Investors rush to buy Facebook shares January 6, 2011 GOLDMAN Sachs stopped taking orders for shares in Facebook yesterday, with analysts saying the firm was inundated with offers from investors wanting a piece of the action. Some said that would-be investors were prepared to subscribe for $3bn (£1.9m) of equity in the social networking site, twice as much as is likely to be required. [...]
City views: have you used Linkedin? January 6, 2011 THOMAS LANE | AON “No, I haven’t. I don’t see any real need to network online – I’d rather meet clients in person.” GRANT MORROW | JUBILEE INSURANCE “Yes, I have. I use LinkedIn to keep in touch with past clients and colleagues.” NICK HOCKING | PRICE FORBES “I signed up a while ago but [...]
Arm surges on Microsoft partnership January 6, 2011 ARM Holdings was the stand out winner at the Consumer Electronics Show yesterday, after Microsoft announced its processors would be used in a new, low-powered version of the Windows operating system. Microsoft signalled it will work with UK-based ARM on the next version of its platform in a bid to gain traction in the next [...]
Apple opens doors to laptop app shop January 6, 2011 WHILE most of the electronics world’s eyes were turned towards the Consumer Electronics Show in Las Vegas, Apple – which refuses to exhibit at the event – quietly opened the doors to the laptop version of its app Store. Around 1,000 apps were immediately available for download on its Mac range, with millions more set [...]
Analyst views: How important for Arm is the tie-in with Microsoft? January 6, 2011 VIJAY ANAND | ESPIRITO SANTO INVESTMENT BANK It will give it a foothold in the PC and laptop market that until now has been dominated by the Intel and Microsoft partnership, although this won’t make a difference to earnings until the next version of Windows. ‘Sell’. RICHARD HOLWAY | TECHMARKETVIEWS The news shows that ARM [...]
Sony dismisses doubts over the future of 3D television January 6, 2011 Sony was among a raft of top electronics firms to place 3D technology at the forefront of its growth plans at the Consumer Electronics Show in Las Vegas yesterday, writes Steve Dinneen. The Japanese firm showcased its new flagship range of 3D TVs, promising the format will change the way people watch video content. Chairman [...]
AT&T launches 12 new Google smartphones January 6, 2011 GOOGLE won a major vote of confidence in its mobile phone platform Android yesterday, after America’s second largest network said it would launch 12 new handsets which run the software. AT&T announced four times as many smartphones as it did this time a year ago, backed heavily by Google software, highlighting the urgency of its [...]
TABLET WARS January 6, 2011 Samsung and Panasonic upped the ante in their battle with Apple yesterday, both eleasing products that will directly compete with Steve Jobs’ core stable of products. Samsung, the firm that has come closest to offering a viable challenge in the tablet wars with its Galaxy Tab, unveiled a slick new device designed to compete with [...]
Majestic sees wine sales up in festive lift January 6, 2011 MAJESTIC Wine has bucked the trend of retailers turning in poor results figures over the snow-hit Christmas period with a 6.4 per cent sales rise. Chief executive Steve Lewis said the weather had initially put customers off venturing out but then there had been a rush. The figures for the nine weeks to 3 January [...]