Kayak to IPO under the name KYAK, valued at $1 billion

Kayak is expected to start trading tomorrow, after waiting nearly a year for the turbulent IPO waters to subside. Later this afternoon, Kayak is planning to sell 3.5 million shares at $22 to $25 each, to raise as much as $100 million, according to its latest document filed with the Securities and Exchange Commission. But …

Facebook’s first public earnings release, Q2 – July 26

Facebook will give investors and the world their first official look at its post-IPO earning for Q2 2012 at 2pm PST on July 26th, according to a brief note posted to its investor relations page just now. The company‚Äôs share price closed at $31.095 today, down $0.265 or 0.85%, but still closer to the $38 …

California’s budget troubles – say hello to billions in tax revenue from Facebook’s IPO

California is hoping for another Google-effect like the one that happened in 2005, after the company’s IPO. From 2004 to 2005 the revenue from capital gains taxes in California shot up $14 billion. Mark Zuckerberg, whose initial public stock offering in two weeks could value the company at $96 billion, will cut in the state …

Why Facebook bought Instagram – from Om Malik and Robert Scoble

Both Om Malik and Robert Scoble make interesting points, Facebook paid double for what many considered Instagram to be worth and Facebook desperately needs help with mobile devices. From Om Malik: A few days ago Instagram was rumored to be valued at $500 million. A few months ago it was $300 million. Its last round …

Why Bloom is a Game Changer

Wow! What an exciting day in energy. Today Bloom Energy changed the game with their Bloom Server, here is why. We all know the story that the vast majority of our energy comes from old (and dirty) power plants that use coal and nuclear energy sources. Well the hidden truth behind these “energy sources” is …