So just how much is a stock image site worth? Well US$115-million is apparently a reasonable enough assumption.
That’s the maximum value the US-based site Shutterstock is looking to get out in its Initial Public Offering (IPO), after filing with the Securities and Exchange Commission (SEC) today.
In its filing it said the IPO would be managed by Morgan Stanley, Deutsche Bank Securities and Jefferies.
At present, it is unclear how many shares will be put up for sale ...
I've been advocating a stronger approach to privacy for some time now. My biggest concern is that we share so much private information using social media, that identity theft and other security issues are only just beginning to become apparent. Aside from this, we are caught between the need to take advantage of the social networks that the majority of our peers share and simply giving in to the terms and conditions that come as part and parcel of these ...
Go to most boardrooms today and you’ll see less and less people with laptops and more people using tablets and smartphones.
As Android and iOS have firmly cemented themselves into the on-the-move computing via tablets and smartphones, Microsoft is yet to make its cautious leap into the fray. While Microsoft’s Windows 7 operating system still dominates in laptop sales, the truth is that more people are looking to tablets for running around.
Enter Windows 8.
Microsoft has already partnered with Nokia to introduce ...
Zando has hit the African continent. The ecommerce outfit has been building a presence in South Africa for the last three months. The local stores in the country, like the Naspers-owned Kalahari and the newly relaunched Takealot are about to get some serious competition.
Zando is an online shoe and fashion retail outlet that apes the model pioneered by US-based company Zappos and it's been making serious waves with a massive advertising campaign in print, online, and radio. ...
Gearburn’s Ronan Steyn got a chance to exchange some candid words with Max Payne: the star of the hotly anticipated Rockstar Studios’ game.
Gearburn: So Max, thanks for taking time to chat to us today. Now we all know the old Max Payne, but tell us a bit about the new you.
Max Payne: Like a bad soap’s storyline, mine keeps going. I had to leave New York City after Mona died, and Sao Paulo seemed as bad a place as any.
German-based cloning giant Rocket Internet is set to open up an Amazon-style ecommerce site in Nigeria.
The company made its first big forays onto the continent with a number of properties in South Africa. These include a stake in Groupon, shoe and clothing site Zando, and make up testing service Glossybox.
Nigerian tech site Techloy claims a reliable source confirmed that the new ecommerce property would sell books, DVDs and electronics along the Amazon model. This is contrary to a ...
Wow. Just wow. There's nothing quite like a view of our humble little planet taken from space to give you a sense of perspective.
You can't get much clearer perspective than this stunning 121 Megapixel shot of the Earth taken by a Russian weather satellite. The image, which is the clearest shot of the planet to date, was taken with a single shot, unlike NASA's updated 'Blue Marble' image which is a composite of multiple images.
According to Mashable, the ...
Courtesy of the folks over at Mobile Fun, we are able to give you a closer look at some of the accessories for the recently announced Samsung Galaxy S III.
Yahoo! Has confirmed that CEO Scott Thompson has stepped down, to be replaced by former media head Ross Levinsohn.
The announcement caps a chaotic period in which Thompson was found to have faked a Computer Science degree on his CV.
The company also announced that Fred Amoroso would be the new chairman of its board.
As was expected, the man who first pointed a finger at Thompson, Daniel Loeb has come up trumps. His company Third Point, now has ...
Yahoo's CEO Scott Thompson is set to step down from his job at the embattled internet giant just months after taking over from Carol Bartz.
According to AllThingsD, the company will say that Thompson's is leaving for "personal reasons".
Revelations that Thompson faked parts of his CV, however, are likely at the centre of his decision to exit Yahoo!
The company's global media head Ross Levinsohn, who also ran its Americas unit, is reportedly next in line for Yahoo!'s revolving ...