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IPO Market Hiccup As Albertsons Offering Fails To Meet Expectations In Both Price And Scale
Friday, June 26, 2020 - 2:49am | 390Albertson’s initial public offering is priced below expectations, and the number of shares offered also disappointed, leading to a jolt for the IPO market. What Happened The grocer sold 50 million shares and raised $800 million at $16 per share, according to sources of the Wall Street Journal...
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Facebook Invests $5.7B In One Of India's Largest Internet Services Companies
Wednesday, April 22, 2020 - 3:56am | 492Facebook Inc. (NASDAQ: FB) has invested $5.7 billion in Indian internet services company Jio Platforms Ltd., the company announced Tuesday. What Happened The Facebook investment values Jio at about $65.95 billion pre-money enterprise value, the latter said in a statement. The social media giant...
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Instadollars: 10 Celebrities Who Earn The Most Money With Instagram
Saturday, December 14, 2019 - 3:34pm | 1241Facebook’s (NASDAQ: FB) Instagram is the No. 1 photo and video-sharing app in the world. With over 120 million monthly active users in the U.S. alone, Instagram’s free-to-use model gives advertisers ample opportunity to reach their target audiences. It's not surprising that...
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Here's How Much A 24-Hour Internet Blackout Would Cost The US Economy
Wednesday, December 4, 2019 - 9:45am | 457Like much of the rest of the world, national security efforts in the U.S. have increasingly been shifting online. The next generation of threats to U.S. security could come from cyberattacks, and a potential worst-case scenario is an attack that completely shut down U.S. internet access nationwide...
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Survey Reveals Shifts In Bitcoin Ownership Demographics
Thursday, November 14, 2019 - 10:30am | 487Bitcoin prices have bounced back in 2019 after the cryptocurrency bubble burst last year. A new survey by the Bank of Canada reveals just how bitcoin ownership demographics have shifted over the last few volatile years for the cryptocurrency. The Numbers Bank of Canada found that the number of...
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The World's 10 Longest Nonstop Flights
Wednesday, October 30, 2019 - 2:17pm | 1206It’s 2019, and thanks to the world’s largest commercial airlines, you can fly nearly anywhere nonstop. In order to find the longest nonstop flights of 2019, Benzinga has analyzed commercial airline flight data for 2019 provided by the Bureau of Transportation Statistics, flightstats.com...
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10 Countries Importing The Most Wine Across The World
Wednesday, October 16, 2019 - 4:01pm | 475With over 2 billion gallons shipped between countries in 2018, wine is a global powerhouse in the world’s alcoholic beverage industry. The state of California is the largest United States wine producer, according to The Wine Institute. The global export and domestic sales of California-...
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Option Traders Make Bullish Bets On PayPal Following China Deal
Monday, September 30, 2019 - 3:12pm | 625Shares of Paypal Holdings Inc (NASDAQ: PYPL) traded higher Monday after Reuters reported PayPal received the green light from China to buy a majority stake in a Chinese digital payments platform. Despite increasing concerns over the ongoing trade war between the U.S. and China, some large...
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Infographic: Boris Johnson Emerges As Favorite For UK PM
Friday, May 24, 2019 - 2:24pm | 358After British Prime Minister Theresa May's Thursday announcement that she will step down June 7, the race is on to replace her — and reports are emerging Boris Johnson is a lead candidate. Johnson is a member of parliament for Uxbridge and South Ruislip. He's proving to be the first...
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All The Records 'Avengers: Endgame' Broke On Opening Weekend
Tuesday, April 30, 2019 - 2:38pm | 489"Avengers: Endgame," produced by Walt Disney Co (NYSE: DIS) subsidiary Marvel Studios, has shattered several box office records since its April 26 release. "Endgame" was the fastest to collect $1 billion worldwide, taking merely five days to reach the milestone...
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The Pros And Cons Of Leasing A Car
Saturday, April 13, 2019 - 1:16pm | 958Around 30 percent of new vehicles in the U.S. are leased, according to Statista. That number is up from just 17 percent in 2002. As car leasing becomes more popular, it's important for any potential car buyer or lessee to know what it means to lease a car and understand the pros and cons of...
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Legal Cannabis Fuels US Job Boom: Florida, Nevada Are The Biggest Gainers
Sunday, March 31, 2019 - 7:21am | 677One sector that has been a silent contributor to the U.S. labor market — but hasn't been recognized yet due to the stigma of being a federally illegal business — is the cannabis industry, according to a report by Leafly. A Major Industry Left Out Of Jobs Data The number of...
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Facebook Vs. Twitter Vs. Snapchat: How Do Key Statistics Compare?
Monday, February 18, 2019 - 9:12am | 621With the reporting season being over for social media companies, it may be time to take stock of how the major platforms performed through the lens of key metrics. After a wave of scandals in 2018, Facebook, Inc. (NASDAQ: FB) redeemed itself credibly by reporting forecast-beating fourth-...
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PCs Still The Preferred Gaming Platform For Developers; Mobile Catching Up
Monday, February 11, 2019 - 10:13am | 609Gaming has evolved into the world's favorite form of entertainment, edging out the likes of television, films and digital music, according to Oppenheimer Funds. This has relevance for multiple stakeholders such as game developers, gaming device manufacturers and chipmakers. Among...
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One User Statistic Facebook Needs To Be Wary About
Friday, February 1, 2019 - 3:12pm | 530Facebook, Inc. (NASDAQ: FB) delivered a blowout fourth-quarter earnings report this week that sent the stock soaring. But while Facebook is clearly doing plenty of things right, there are a couple of trends that could be troubling for Facebook investors in the long term. Facebook added 1 million...