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Morgan Stanley, Goldman Sachs to be lead bankers for Snapchat’s IPO

Thursday, October 13, 2016 | More »

Photo messaging service Snapchat is all set to hit the markets. With its initial public offering slated for March, Snap Inc, Snapchat’s parent, has shortlisted banks to lead and manage the exercise. Morgan Stanley and Goldman Sachs Group will lead the offering, a report by news agency Bloomberg ci...


Beyond Oblivion Crashes Before Launch

An ambitious digital music start-up that won heavy financial backing from News Corp has shut down before even releasing a full version of its flat-price, “all-you-can-eat” service. The closure of Beyond Oblivion, a New York-based company which had raised some $87m from investors that also includ...

2 January, 2012 | More »