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WSJ: Snap Inc. is working on $25 billion IPO

WSJ: Snap Inc. is working on $25 billion IPO

The Wall Street Journal (WSJ) reported on Thursday that ephemeral messaging service Snap Inc. - previously called Snapchat - is preparing for an initial public offering (IPO) by late March 2017.

According to the report, based on the information shared by unidentified sources, the imminent IPO could potentially value Snap Inc. at approximately $25 billion.

OCEARCH expedition confirms great white shark nursery off Long Island

OCEARCH expedition confirms great white shark nursery off Long Island

A Park City, Utah-based great white shark research organization has confirmed the existence of a great white shark nursery off New York's Long Island.

 

Samsung acquires Viv Labs, the startup behind a next-gen AI assistant

Samsung acquires Viv Labs, the startup behind a next-gen AI assistant

According to recent reports from TechCrunch and CNBC, bigwig South Korean device maker Samsung has acquired a startup called Viv Labs, the company behind the next-generation artificial intelligence (AI) assistant called 'Viv.'

The financial terms of Samsung's acquisition of Viv Labs has not been officially disclosed.

InfoArmor: Yahoo hack was not carried out by “a state-sponsored actor”

InfoArmor: Yahoo hack was not carried out by “a state-sponsored actor”

A recently released report by information-security firm InfoArmor Inc. has contradicted bigwig Internet firm Yahoo's last-week statement that "a state-sponsored actor" was behind the 2014 hack of the account information of at least 500 million Yahoo users.

BlackBerry is ending its internal hardware development to focus on software

BlackBerry is ending its internal hardware development to focus on software

On Wednesday, BlackBerry CEO John Chen announced a strategy shift for the struggling smartphone manufacturer, stating that the company will discontinue its smartphone manufacturing business and wil

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