The US market for tech IPOs has totally frozen over. Zero Internet or tech companies went public on US exchanges in the first quarter of 2016. The last time that happened was in the first quarter of 2009, during the depths of the Great Recession, according to data from Dealogic. Just two years ago, the picture looked quite different. In ... Read More »
After technology stocks helped a choppy market rise Tuesday, “Fast Money” traders debated whether some growth names were worth their cost. The major U.S. averages closed the session higher, recovering from a lower open after Fed Chair Janet Yellen took a cautious tone on policy in an afternoon speech. Facebook, Microsoft and Netflix shares rose more than 2 percent each ... Read More »
Image from Shutterstock.com When it comes to IT spending, a recent research report reveals that Canadian tech spending is relatively flat, topping $93 billion this year. According to Forrester Research Inc., this represents an increase of only 3.3 per cent, compared to five per cent in the 2015. The report, titled The Canadian Tech Market Outlook For 2016-2017, reveals that this ... Read More »
Tech Market Snapshot: 3D printer market up, semiconductor revenue down, ‘huge opportunity’ for mobiles We roundup the latest news from IT analysts and firms to see which tech categories have been doing well, which haven’t, and what’s forecast to be big in the near future. Global 3D printer market up 19% in Q4 2015 Worldwide shipments of 3D printers rose ... Read More »
Only about a fifth of India’s roughly 1.2 billion people are online, according to a recent Pew Research Center report, and the world’s biggest technology companies are clamoring for this large, untapped user base. Facebook recently tried (and failed) to implement its“Free Basics” internet program, and Google is also vying for the vast Indian internet market. India lags behind other ... Read More »
Freelance developer entity Toptal announced it has acquired Skillbridge, a firm that focuses on providing top freelance business talent to companies. Toptal, a company that provides freelance software engineers and designers for hire, has announced its acquisition of Skillbridge, an online platform for elite business freelancers, in a move aimed at creating a scalable network for top freelance developers, designers, ... Read More »
Image Credit: Passion Images / Shutterstock.com The Asia-Pacific region has been picking up some of the slack we’ve been encountering lately within the technology merger and acquisition (M&A) landscape. While US capital markets are tightening, tech M&A activity in the Asia-Pacific region reached a three-year high during this first quarter. A growing number of early stage tech companies are setting ... Read More »
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