Recent Posts

Snap commits $2 billion over 5 years for Google Cloud infrastructure

Most of today’s Snap coverage will be about its revenue and daily average usage numbers, but there was one small tidbit that emerged that will mean big business for the company’s cloud infrastructure partner, Google. In Snap’s S-1 filing, the company announced a license platform agreement it struck with Google for its cloud infrastructure …

Read More »

Trump Looks to Another Finance Veteran for Senior Role

The founder of Cerberus Capital Management, an investment firm that owns companies like the gun maker Remington Outdoor and the supermarket chain Albertsons, is in discussions to join the Trump administration, the firm disclosed on Thursday. Stephen A. Feinberg, the founder, has held discussions with President Trump’s transition team about …

Read More »

Snapchat files for $3 billion IPO

Save and search Snapchats with new Memories feature The biggest social media IPO since Twitter is here. Snap Inc., the parent company of Snapchat, filed paperwork on Thursday to raise $3 billion in its long-awaited initial public offering. The tech company will only sell non-voting shares when it goes public. …

Read More »