7 years ago095(Reuters) - Internet television company Roku has hired investment banks to lead an initial public offering that could come later this year as it aims for a valuation of more than $1 billion, sources familiar with the matter said.
An IPO will test investor's reception to Roku, the brainchild of digital video recorder (DVR) inventor...
7 years ago071FRANKFURT (Reuters) - SoundCloud, the world's biggest music-streaming service, is still struggling to find a business model - it now has enough cash to last until fourth quarter, after laying off 40 percent of its staff, a representative said on Thursday.
The Berlin-based start-up is different from rivals Apple, Spotify and Amazon in...
7 years ago086Warren Buffett's Berkshire Hathaway Inc (BRKa.N) may be on the verge of becoming Bank of America Corp's (BAC.N) largest shareholder, after the bank raised its dividend in the wake of a positive assessment of its ability to handle market stresses.
Bank of America on Wednesday boosted its annual dividend 60 percent to 48 cents per share...