WebProNews

Facebook CFO Waves Goodbye To Company

In the latest episode of “How the Facebook Turns” CFO Gideon Yu has been sent packing. The report at All Things Digital says the move appears to be in preparation of an initial public offering (IPO).

Digg Gets More Cash, Expanding Internationally

Digg has raised an additional $27.8 million from a funding round led by Highland Capital Partners. The company has now taken nearly $40 million from investors over the last three years.

Rackspace Seeks $400 Million In IPO

The public offering from the hosting company comes amid the unsettled US economy, but Rackspace believes a Google-like auction will pull in nine figures.

Eyeblaster Ad Firm Files For IPO

While it might be fun to discuss a toy with which kids should never be allowed to play, we're instead going to talk about a company that deals with online advertising.  Eyeblaster, as it's called, has filed for an IPO.

NetSuite Optimistic About Its IPO

Three bucks isn't much, but to look at it another way, it's about 19 percent of sixteen dollars.  So we're at least mildly impressed that NetSuite, a business software maker, has been able to raise the expected price range of its IPO by that much.

Yahoo's Stock Climbs On Yet-To-Occur Alibaba IPO

Up and down, down and up - it just sort of meandered along for a while.  But on Friday afternoon, Yahoo’s stock took more of an “up, up, and away” approach due to Alibaba.com’s impending IPO.

Alibaba Discusses IPO Date, Amount

Alibaba has released details regarding its initial public offering: the event should take place on November 6th, and is intended to raise about $1.5 billion.  Also, if earlier reports hold true, that’ll mean Yahoo could shell out around $150 million.

Zuckerberg: Facebook IPO "Definitely Years Out"

I’ll bet at least one person out there has been keeping his (or her) phone just a little closer due to Facebook IPO rumors, thinking, “Gotta call my broker, gotta call my broker.”  But if Mark Zuckerberg is to be believed, that person can relax - at the Web 2.0 Summit, the social network’s CEO said that any IPO is “definitely years out.”

Yahoo To Jump On Alibaba IPO

When Alibaba holds its IPO, Yahoo will be first in line, and the search engine company will reportedly have enough cash in hand to buy 10 percent of the available shares.

Rumor: IPO for AOL's Advertising Platform A

Last week, AOL announced that it was restructuring its online advertising holdings to create a new ad division, Platform A. Ten days later, TechCrunch has rumors that Platform A will be destined for an IPO of its own: