Etsy Inc. successfully floated on the NASDAQ Thursday with an opening price of $31 a share, a 91 percent premium on its listing price of $16 a share. Trade was heavy given the company only released 16,666,666 shares in the float, with 19.75 million shares under the stock ticker ETSY changing hands in a price ...

Online goods marketplace Etsy Inc. released more details on its upcoming initial public offering (IPO) Wednesday, including the cost per share, how many shares will be available, and an open valuation for its public debut. According to a release from the company, Etsy shares will be offered to the public at $16.00 per share. Etsy is ...

Live streaming app Meerkat is finally coming to Android after the company announced Wednesday that it announced a public beta testing program. Meerkat launched on iOS in March and quickly became the most popular live streaming application in the emergent mobile live streaming space. Users are able to use the app for live streaming, with ...

Nokia Oyj has acquired French telecommunications equipment company Alcatel-Lucent SA for $16.6 billion. The acquisition is an all share deal with Nokia offering 0.55 of a new Nokia share for every Alcatel-Lucent share. Alcatel-Lucent shareholders will end up owning 33.5 percent of the fully diluted share capital of the combined company, with Nokia shareholders naturally owning ...

Chinese video sharing site LeTV has entered the smartphone market and has launched “Le Smartphone,” a decent phone that is being marketed by comparing Apple to Nazism. The marketing for the phone includes a cartoon showing Hitler doing a Nazi salute while wearing an armband with the Apple logo on it, along with a pitch ...

Online storefront provider Shopify Inc. has filed for its initial public offering (IPO,) with the company hoping to raise $100 million. According to reports, Shopify will be listed on the New York Stock Exchange under the ticker symbol “SHOP” and on the Toronto Stock Exchange as “SH.” According to its Securities Exchange Commission (SEC) filing, the ...

Mobile vision company Movidius Ltd. has raised $40 million Series E in a round led by Summit Bridge Capital that included Atlantic Bridge Capital, AIB Seed Capital Fund, Capital-E, DFJ Esprit and Robert Bosch Venture Capital, along with new investors ARCH Venture Partners and Sunny Optical Technology Group. Founded in 2006, Movidius designs compact, high-performance, ultralow power, computational imaging ...

Hortonworks, Inc. has acquired SequenceIQ, Inc., an open source provider of rapid deployment tools for Hadoop, for an undisclosed price. Based in Budapest, Hungary, SequenceIQ gives organizations the ability to deploy secure and elastic Hortonworks Data Platform (HDP) clusters in a consistent manner across the entire analytics application lifecycle. The service is said to be ...

Google’s upcoming mobile virtual network operating (MVNO) play may be known as “Project Fi” and offer pay per gigabyte plans, according a report today. Android Police claims in a post to have discovered an app for the service named Tycho, an account management app for the service that is similar to ones used by existing ...

3D Robotic’s Inc has today launched Solo, a new drone that it claims is the world’s first smart drone. The drone comes with two integrated Linux computers, one on the craft itself, and one in the controller that provide both autonomous flight and camera control. Solo is said to delivers several world-first technologies, including unfettered in-flight ...