CNME Editor Mark Forker spoke to Oko Davaasuren, Senior Director at TechStars, to learn more about his entrepreneurial journey, his …
News, Software
Snapchat set to outstrip Twitter, Yahoo & AOL in ad cash
Snapchat could surpass Twitter, Yahoo and AOL in advertising revenue within three years, with the messaging app company forecast to bring … 0 1947
Uber files for long-anticipated IPO
Uber Technologies has filed paperwork for an initial public offering, according to three people with knowledge of the matter, reported …
Aramco IPO delays push Saudi fund to focus on tech
With the stock market listing of its national oil company stalled, Saudi Arabia is scrambling to boost the coffers of the sovereign wealth fund spearheading a risky plan to diversify its economy.
Tesla shares plummet after Musk abandons buyout
Trading in Tesla shares in Germany on Monday pointed to a five percent drop when US markets open, Reuters reported.
Softbank raises stake in Yahoo Japan
SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with US firm Altaba.
Middle East unicorn Careem responds to merger talks
Uber is reportedly in “preliminary talks” with local competitor Careem to strike a deal that would see the two companies merge.
Dubai’s Careem in talks to raise $500m in new funds
Some of the new money raised could go towards new business lines, one source said, adding Careem may be looking to diversify ahead of a potential initial public offering (IPO).
Snap up $1 from its IPO price
Snap Inc has celebrated its first anniversary as a publicly traded company on Friday, however, things are not quite what they envisioned when they bought shares in the hottest tech IPO in years.
SoftBank backs Uber’s IPO plans
SoftBank Vision Fund CEO Rajeev Misra has recently spoke out about Uber’s plans to go public pledging full support to the ride-hailing firm’s future plans.
Dell mulls acquisitions or possible IPO: report
Dell Technologies is exploring a range of options that could see the world’s largest privately held technology company grow further …