Every Silicon Valley techie knows that Google (GOOGL) Co-Founders Larry Page and Sergey Brin created a holding company, named "Alphabet," to oversee Google's many growing business lines (many of which don't align with Google's core operations). While some investors and tech analysts speculate that Alphabet's conception is meant to address potential (current and future) antitrust issues.
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Google To Acquire Twitter?
Every so often, Wall Street financial firms and investment banks blindly announce acquisition rumors as if they are facts. This mainly occurs in the tech and biotech sectors, where M&A rumors run amuck. And while these claims are often unfounded, investors nonetheless pile into the alleged "buyer" and "seller" companies.
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Apple On The Attack
This past Monday, Apple (AAPL) held its highly anticipated WWDC Keynote meeting and, while there were no head turning hardware announcements (such as information regarding Apple's upcoming T.V.), Tim Cook and company were nonetheless able to hypnotize the crowd by introducing new software offerings.
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BlackBerry's Cyber Security Future
You may not remember, but Blackberry (BBRY) once occupied the throne of the mobile device market; no company could touch it (you know... until Steve Jobs happened). Unfortunately for Blackberry, and its investors, the times have long changed. Since the 2007 release of the original iPhone, Blackberry has continuously ceded its market share to Apple (AAPL), Google (GOOG), Microsoft (MSFT), and, most recently, Chinese mobile device maker Xiaomi.
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What If Yahoo Had Acquired Facebook?
Nearly nine years ago, Facebook (FB) discussed an acquisition agreement with Yahoo (YHOO). Unprecedented at the time, a high-riding Yahoo sought to purchase the young social network for $1 billion. Like most tech acquisition offers, Yahoo hoped to leverage its size and capital advantages in order to buy Facebook before the company realized its full potential.
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Yelp Needs Help
The Wall Street rumor mill has been working overtime during the past month. Just a week after shares of Salesforce (CRM) popped double-digits following a report that the company was preparing to sell itself for $55 billion, shares of Yelp (YELP) jumped nearly 30% for the same reason.
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Fitbit Files For IPO
As of last Thursday, private health and fitness monitoring company, Fitbit, filed for an initial public offering (IPO) of common stock under the ticker symbol "FIT." In selling equity, Fitbit plans to raise $100 million in additional operating capital; the company also hopes to gauge investor sentiment and promote its product portfolio.
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