In what is perhaps every New Yorker's worst fear, an elevator suddenly ascended as a woman was entering it, killing her and injuring two others. The accident happened at some point around 10:30 A.M. inside 285 Madison —the soon-to-be former home of advertising giant Young & Rubicam.
The NY Post reports: The victim, Read More
Job-connections engine LinkedIn has completed a private sale of 95,500 at $30.79 a piece, according to SharesPost, putting the companies value at $3 billion, according to Bloomberg.
This is a step up from the $2.5 billion being floated during the run up to yesterday's IPO filing.
A year ago the company broke the $2 billion barrier with Read More
The last month has signaled the rebirth of the market for web IPOs. Facebook's private offering set the tone, although the social networking company probably won't go public for another year.
But investors eagerly snapped up shares of "content farm" king Demand Media Wednesday. Then on Thursday LinkedIn, the smaller, more professional social network, made its Read More
Hot on the heels of the $1.5 billion IPO by Demand Media, professional social network LinkedIn has filed its S-1, the first step on the road to public riches.
There are some impressive numbers in here, demonstrating again why the current boom in tech is a different animal than the dot-com bubble of a Read More
Last night, on April 6, Tom Glocer, chief executive of Thomson Reuters, was sipping a Corona at Drop.io 's headquarters, a spacious, brick-ceilinged loft on Jay Street in downtown Brooklyn. Mr. Glocer was there to participate in a Futurists Meetup, talking about what financial news and data will look like in 30 Read More
