Tag Archives: Breaking News: Technology

Facebook could face an anti-state lawsuit next week

Facebook Chairman and CEO Mark Zuckerberg testified at the House Financial Services Committee hearing in Washington on October 23, 2019. Erin Scott | Reuters The state’s attorney general is preparing to file an antitrust case against Facebook next week, sources familiar with the matter told CNBC’s Yalan Mui. At least …

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Wants a valuation of up to 35 35 billion

According to a new filing submitted to the SEC on Tuesday, RBNB plans to valuate its IPO at to 3 billion to $ 20 billion per share. The company wants to raise about $ 3 billion in an IPO. Existing investors want to sell millions of dollars worth of stock …

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Salesforce deal to buy Slack, expected to be announced tomorrow

Salesforce deals to buy Slack are expected to be announced on Tuesday after markets close, sources told CNBC’s David Faber. The deal is expected to be about half cash and half stock, sources said. Salesforce is set to report quarterly earnings on Tuesday. As of Monday morning, Slack’s market cap …

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