pinterest Pinterest Stock Surges 25% on First Trading Day, Reaching $13 Billion Valuation Pinterest debuts on the New York Stock Exchange with a strong 25% pop, pushing its market value to nearly $13 billion. CEO Ben Silbermann emphasizes the platform is a utility rather than a social network.
zoom Profitable Videoconferencing Firm Zoom Surges 72% In Nasdaq Debut Zoom kicks off its first day of trading on the Nasdaq with a massive 72% stock jump, reaching a $15.9 billion market value. The videoconferencing company stands out in the 2019 IPO class by actually turning a profit.
samsung Samsung Delays Galaxy Fold After Review Units Break During Testing Samsung pushes back the launch of its $1,980 Galaxy Fold after early reviewers experience broken screens just days into testing. Despite the hardware failure, the innovative device offers an exciting glimpse into the potential future of smartphones.
samsung Samsung Galaxy Fold Screens Break After Just Two Days of Reviewer Testing Early reviewers report that the $2,000 Samsung Galaxy Fold is experiencing severe screen failures after only a day or two of use. The breaks occur both when a protective polymer layer is removed and, troublingly, when it is left completely intact.
samsung Multiple Samsung Galaxy Fold Review Units Break Within Days of Testing Samsung's $2,000 Galaxy Fold faces immediate hardware troubles as multiple review units experience broken or flickering displays just days after reaching the press.
samsung Samsung Galaxy Fold Faces Serious Screen Failures Before Launch Review units of Samsung's highly anticipated Galaxy Fold smartphone experience broken screens within days of testing. The issues raise major concerns about the durability of the new foldable design.
pathai PathAI Secures $60 Million for AI-Powered Disease Detection Technology PathAI raises $60 million to advance its computer vision technology that analyzes cell samples for diseases. The company currently focuses on pharmaceutical research while preparing for clinical trials within the next two years.
samsung Samsung Defends Galaxy Fold After Reviewers Report Broken Screens Samsung is pushing forward with the Galaxy Fold launch despite multiple tech reviewers experiencing broken screens just days after receiving their units. The company attributes some of the damage to users mistakenly removing a critical protective layer.
pinterest Pinterest Prices IPO Above Range Despite Lyft's Weak Debut Pinterest prices its initial public offering at $19 per share, raising $1.4 billion and achieving a $12.6 billion market cap. The visual search engine moves forward despite recent market jitters caused by Lyft's underwhelming stock performance.
samsung Samsung Galaxy Fold Screens Break for Multiple Reviewers Ahead of Launch Samsung's nearly $2,000 Galaxy Fold smartphone is experiencing severe screen failures after just a couple of days of use. The company is now investigating the issue, which affects devices even when users follow all instructions.
zoom Video Conferencing Firm Zoom Prices IPO Above Range Reaching $9B Valuation Zoom prices its initial public offering above expectations at $36 per share, giving the profitable video conferencing company a $9 billion market cap. The strong demand highlights investor appetite for a rare tech unicorn that boasts rapid revenue growth and shrinking losses.
apple Apple and Qualcomm End Bitter Legal Battle Over Modem Chips Apple and Qualcomm resolve their lengthy royalty dispute with a secret payment and a new multi-year chipset supply agreement. The surprise settlement ends a global legal war and paves the way for Qualcomm chips in future iPhones.
amazon Amazon Introduces First-Ever Certification Program for Alexa Skill Developers Amazon launches a new specialty certification for Alexa developers to validate their expertise in voice app creation. The program aims to improve the overall quality of third-party skills across millions of Alexa-enabled devices.
aptiv Aptiv Brings Self-Driving Tech to China with New Shanghai Center Aptiv opens an autonomous mobility center in Shanghai, marking its fifth global market for self-driving operations. The company plans to test vehicles on public roads by late 2019 and is seeking local partners for mapping and deployment.
cytora UK Startup Cytora Raises £25M to Speed Up Commercial Insurance Cytora secures £25 million in Series B funding to expand its AI platform that reduces commercial insurance underwriting from seven days to just 30 seconds.