Consumer Web/Social Media

Twitter shares priced between USD17 and USD20

With an upper range of USD20 per share, the total enterprise value of Twitter is at USD10.9 billion.


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.


Latest News

The Wall Street Journal reported that Netflix was in early-stage talks with US cable companies to make its streaming video service available to subscribers using their set-top boxes.
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.
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