Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
Having asked the Securities and Exchange Commission to declare its IPO effective as of 4:00 PM. Eastern time today, Google should be worth about $110 per share on its fiirst day of trading tomorrow, experts predict.
Google Inc.had net income of $143 million on sales of $1.35 billion in the first half of 2004.
Trading on the Nasdaq stock market under the symbol "GOOG" is expected to be vigorous, and futures contracts traded on the Web yesterday lead experts to predict a 59% chance that the shares will advance once trading starts.
Google began accepting bids on Friday for the 25.7 million shares of Class A common stock it is making available through its unusual electronic "Dutch auction." Depending on the final price (the range set is $108-135 for each share) Google's market value will tshortly emerge as being only just below that of rival Yahoo Inc.
Amazingly, for a company founded in just 1998, Google's market valuation will exceed that of both McDonald's Corp. and Sony Corp. and co-founders Sergey Brin and Larry Page (pictured) will become multimillionaires overnight.
Of the shares to be sold in Google's initial public offering of Class A common stock, 14,142,135 shares will be issued and sold by Google and 11,555,394 of the shares will be sold by the selling stockholders.
Bambi Franciso, of CBS MarketWatch, remarked: "If Google's IPO does go, it's actually good timing - at least compared to the past six weeks. Just in the nick of time, the Internet sector appears to be coming back to life.".
About Jeremy Geelan Jeremy Geelan is President & COO of Cloud Expo, Inc. and Conference Chair of the worldwide Cloud Expo series. He appears regularly at conferences and trade shows, speaking to technology audiences both in North America and overseas. He is executive producer and presenter of Cloud Expo's "Power Panels" on SYS-CON.TV.
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#8
fantabulous commented on 17 Aug 2004
i think i saw somewhere that its overall stake will increase to 4% but Yahoo already announced it will sell the Google shares to bolster its Q3 results. Plus Yahoo will forever be able to say Google''s ad technology is based on theirs!!
#7
Yoohah commented on 17 Aug 2004
Anyone remember how much stock Yahoo! - which was an early funder of Google - had? Was it 2%? How many shares did it just agree to give Yahoo! as settlement of that patent dispute? What percentage finally will end up in the hands of Yahoo! then?
#6
SECzzzzzzzzz commented on 17 Aug 2004
As 87dddT mentions, yes Google disclosed in a new filing Monday that the SEC has initiated an informal inquiry "into the company's issuance of stock and options to current and former employees."
But Brin/Page already indicated earlier this month that it may have violated several state laws by not formally registering these shares. They have factored it into the IPO plan. It'll be just fine, you'll see.
"We would contest vigorously any claim that a violation of the Securities Act (of 1933) occurred," they said in the SEC filing, conceding that if a court did find Google guilty of violating the act, it would be "required to repurchase the shares sold to purchasers in this offering at the original purchase price for a period of one year following the date of the violation." It's all there openly, in the SEC filing.
#5
Internet sector back to life? commented on 17 Aug 2004
Google already warned IPO investors that the price won't sky-rocket today like other hot technology issues in the late 1990s:
"As part of this auction process, we are attempting to assess the market demand for our Class A common stock and to set the size and price to the public of this offering to meet that demand," Google said in its IPO filing. "As a result, buyers should not expect to be able to sell their shares for a profit shortly after our Class A common stock begins trading."
#4
Goooooooogle commented on 17 Aug 2004
yes but Wall Street is mad about Google's IPO format and the protest about this is connected - other IPO companies make blunders like this but they're not reported as widely in the press.
#3
87dddT commented on 17 Aug 2004
I thought that they "may have" issued 23 million shares of stock to their own employees illegally?
Google's IPO is a PR event more than anything, just as their choice of Dutch Auction - a system that bypasses the fat-cat banks - was chosen for its publicity value.
fantabulous wrote: i think i saw somewhere that its overall stake will increase to 4% but Yahoo already announced it will sell the Google shares to bolster its Q3 results. Plus Yahoo will forever be able to say Google''s ad technology is based on theirs!!
Yoohah wrote: Anyone remember how much stock Yahoo! - which was an early funder of Google - had? Was it 2%? How many shares did it just agree to give Yahoo! as settlement of that patent dispute? What percentage finally will end up in the hands of Yahoo! then?
SECzzzzzzzzz wrote: As 87dddT mentions, yes Google disclosed in a new filing Monday that the SEC has initiated an informal inquiry "into the company's issuance of stock and options to current and former employees."
But Brin/Page already indicated earlier this month that it may have violated several state laws by not formally registering these shares. They have factored it into the IPO plan. It'll be just fine, you'll see.
"We would contest vigorously any claim that a violation of the Securities Act (of 1933) occurred," they said in the SEC filing, conceding that if a court did find Google guilty of violating the act, it would be "required to repurchase the shares sold to purchasers in this offering at the original purchase price for a period of one year following the date of the violation." It's all there openly, in the SEC filing.
Internet sector back to life? wrote: Google already warned IPO investors that the price won't sky-rocket today like other hot technology issues in the late 1990s:
"As part of this auction process, we are attempting to assess the market demand for our Class A common stock and to set the size and price to the public of this offering to meet that demand," Google said in its IPO filing. "As a result, buyers should not expect to be able to sell their shares for a profit shortly after our Class A common stock begins trading."
Goooooooogle wrote: yes but Wall Street is mad about Google's IPO format and the protest about this is connected - other IPO companies make blunders like this but they're not reported as widely in the press.
NasDAQ wrote: Google's IPO is a PR event more than anything, just as their choice of Dutch Auction - a system that bypasses the fat-cat banks - was chosen for its publicity value.
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Of the shares to be sold in Google's initial public offering of Class A common stock, 14,142,135 shares will be issued and sold by Google and 11,555,394 of the shares will be sold by the selling stockholders. 
In Aug 2011, around 72 million people accessed social networking sites from mobile, increase of 37% from previous year (study by ComScore) and nearly 50% (of 72 million) access networking sites almost every day.
Devising a cohesive strategy for addressing both mobility and social medi...
In a surprise move on Tuesday, January 10, Oracle wheeled out its Big Data Appliance.
That’s the one it said in October would be ready sometime in the first half. Only nobody believed it meant early in the first half. Heck, it’s not even clear anybody thought Oracle could make the fi...
A Munich court Thursday found Motorola Mobility guilty of infringing an Apple patent and handed Apple a permanent injunction against two Android smartphones.
Apple can enforce the injunction after posting a bond lest MMI succeed in invalidating the slide-to-unlock patent (EP1964022) ...
Quick Response (QR) codes are intended to help direct users quickly and easily to information about products and services, but they are also starting to be used for social engineering exploits. This article looks at the emergence of QR scan scams and the rising concern for users today....
The Chinese company that claims it owns the iPad trademark says it plans to seek a ban on iPad exports out of China, threatening global supplies.
According to what a lawyer for Proview Technology (Shenzhen) Co Ltd told Reuters, the firm is petitioning Chinese customs to stop shipment...
Cisco Wednesday filed suit in the European Union’s second-highest court, the General Court in Luxembourg, challenging the European Commission’s rubber stamp last October of Microsoft’s $8.5 billion acquisition of Skype.
Cisco says it isn’t opposed to the merger, but figures the EC sh...
