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Skype Could Have Huge IPO
“Skype looks to be Silicon Valley’s best hope for a blockbuster initial stock offering in 2010, Breakingviews says. With Facebook apparently determined to stay private until next year, Skype is in prime position to steal the scene with a quick flip, The publication argues.” [Link]
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Facebook Won’t Go Public In 2010
“Facebook, according to comments made by two of the social networking company’s financial backers at the DTD conference in Germany (reported in a live-blog of the conference as well as by Rafat Ali of paidContent on his Twitter stream), is not planning an IPO this year. “I am happy to announce that there will be no near-term IPO on Facebook — this means 2010,” Jim Breyer of Accel Partners reportedly told the conference” Link
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Amazon.com Stock Price Hits All-Time High
“Amazon’s stock price soared to an all time high today, closing at $135.91, driven by news that the Kindle smashed sales records in November, and optimism about holiday shopping.” Link
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Dubai Stocks Drop After Debt Warning
“Dubai’s main stock exchange dropped nearly 6 percent on Monday, the first day of trading since officials went public with the city-state’s huge debt crisis. Shares in debt-ridden Dubai World were off more than nearly 15 percent in early trading Monday when the market opened.” Link
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