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Skype filed plans to sell up to an estimated $100 million of American depositary shares in an initial public offering as the Internet-phone company parent firm plans to convert into a Luxembourg-based stock company.
Senh: I didn't know there's enough of a company to file for an ipo. Weren't they unloaded by Ebay because there were bringing down their financials?
Most everyone in Silicon Valley and on Wall Street agrees: The eventual IPO of social-networking site Facebook could make its founder the world's richest 25-year-old. Yet CEO Mark Zuckerberg seems intent on deferring that multibillion dollar payday.
Internet retailer Newegg Inc. plans an initial public offering of stock worth up to $175 million, according to a filing with the Securities & Exchange Commission.