A verdict is expected by tomorrow as to whether or not Vonage owes Verizon nearly $200 million in patent infringement penance, and almost $5 per customer in royalties. If so, Verizon blasts a very large hole in an already sinking ship.
Matt Aslett writes that Oracle may be considering Unbreakable Support for MySQL and that MySQL Co. is likely to IPO later this year.
Despite denying that online video phenom YouTube could be priced or bought for a bubbly $1 billion, founder Chad Hurley is warm to the idea of an initial public offering.
The plummet of VoIP service Vonage's IPO has drawn a class action lawsuit from Atlanta-based law firm Motley Rice. It alleges the company and its underwriters violated federal securities laws by publishing a "false and misleading" prospectus.
Not since Lumera Corp's IPO in July 2004 has a company IPO fallen as much as Vonage did in its first day of trading on Wall Street.
The Securities and Exchange Commission (SEC) is the most well-known and feared governing body in the financial world. Its very name can be intimidating to a small company hoping to go public, but it doesn't have to be.
The web analytics company submitted form S-1 to the Securities and Exchange Commission in early April announcing their intent to go public.
The search advertising company should see a quick turnaround for its $1 billion investment in Time Warner's AOL, as SEC filings from Google indicate.
By investing $1 billion in AOL, Google may be placing AOL in a position to go public as a separate company and could reap a big return.
He didn't mention Microsoft as the specific threat, but when the CFO of Google cited a need for lots of cash to help fend off a bigger, richer competitor, Microsoft's name did come up.