With the 5T out of stock, the OnePlus 6 can’t be far from store shelves. Some say that it will be unveiled by the end of the month with shipments scheduled for a couple of weeks after that. Which raises the question of how much? OnePlus has a tendency to up the price of each new model and rumor has it that the 6 will be no exception. The rumored prices are as follows: $ 525 for the base 64GB model, $ 600 for the 128GB one and $ 700 for the top of the line 256GB model. Note that these are prices for China (converted to dollars), so American and Euro prices should be higher due to additional…
In a $ 750 million IPO, Dropbox, under its trading name DBX, is set to begin selling tomorrow in an offering that everyone who cares about tech should watch.
Dropbox raised $ 750 million ahead of an opening day of trading on Friday in an IPO that will be closely watched across Silicon Valley to gauge the health of the tech economy.
Investors in the IPO bought Dropbox shares at $ 21.
The cloud storage company on late Thursday disclosed that its shares would list at above that price on the Nasdaq on Friday, the company said. That means it’ll have an opening non-diluted market cap of about $ 8.3 billion — significantly less than the company’s last private valuation of $ 10 billion. How the company fares — not just on opening day but in its first few quarters — should give us some indication on how highly-valued private tech companies can fare on public markets in 2018.
Dropbox originally was only expected to price between $ 16 and $ 18 a share, but strong demand from institutional investors encouraged the company to raise the range by $ 2 to $ 18 to $ 20 per share. Still, it means that without a strong pop, Dropbox could be staring at a downround IPO.
Bankers decided there was enough interest to price it even outside that already-updated range.
Highly valued companies like Dropbox, of course, have been reluctant to go public. Dropbox itself waited a decade. And there’s still a somewhat foul taste in the mouth after Snap and 2017’s other high-profile IPO, Blue Apron, didn’t go so well, leading to market speculation that maybe they IPO’d too early.
This spring will offer an updated portrait. Spotify will begin trading in the first week of April, and that combined with Dropbox is likely to set the IPO tone for the rest of the year.
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iPhone Hacks | #1 iPhone, iPad, iOS Blog
Broadcom clearly isn't taking Qualcomm's "no" for an answer. Reuters sources have claimed that the wireless chip giant is about to raise its takeover bid for Qualcomm from $ 70 per share to between $ 80 and $ 82 per share — a huge increase for a deal t…
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The 4G era has not been kind to Sprint. It went from a strong number three in the US wireless market to a distant fourth place behind T-Mobile. The company hopes that the move to 5G will help it regain market share and compete on network quality. CEO Marcelo Claure now says the carrier will begin its 5G rollout in the first half of 2019, putting it ahead of the other national carriers.
Sprint plans to begin 5G rollout in first half of 2019 with higher unlimited plan prices was written by the awesome team at Android Police.
YouTube Go, a mobile version of YouTube built for emerging markets with features like offline viewing and nearby sharing, is today expanding to over 130 countries worldwide. This wider rollout will make YouTube Go available to a large number of people who want the ability to watch YouTube videos, even if they don’t have a good connection, or find themselves offline. The list of new… Read More
Mobile – TechCrunch
There have been a few signs already this year that Facebook is maybe feeling the heat. Perhaps younger users are tending towards trendier, more dynamic forms of social media. Perhaps older users are tiring of such platforms altogether and going back to sending hand-written letters. Whatever the reason, Facebook understands that it needs to make some changes to keep its users coming back.
Facebook vows to bump news stories from local sources higher up the news feed was written by the awesome team at Android Police.