Consumer Web/Social Media
Icahn reduces stake in Netflix, gains up to USD800 million in profit
Billionaire investor Carl Icahn cashed in part of his ownership stake in video streaming company Netflix Inc.
Icahn credits Kevin Spacey, executives in Netflix stock rise
Kevin Spacey was among the few personalities thanked by billionaire investor Carl Icahn for the performance of video streaming company Netflix Inc on the stock market.
Twitter lands USD1 billion credit line
Like Facebook and Zynga before it, Twitter was able to secure a USD1 billion credit facility from its IPO bank managers.
Twitter's attrition rate is a challenge for investors
The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.
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Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.
Facebook, after its dismal opening at IPO and subsequent decline, is affecting the overall enthusiasm in Twitter.
Marc Ecko told the Business Insider that the USD 25 million investment received by his company Complex Media would be used to benefit its shareholders.
In a basic comparison, Twitter's risk factors were longer than Facebook's, which may indicate a riskier investment.