Wireless-speaker company Sonos is cutting 96 employees from its global workforce of 1,500 people as it seeks to boost profitability ahead of an anticipated initial public offering (IPO).
IPO
Spotify claims twice as many paid subscribers as Apple Music in its IPO filing
The leading music-streaming service Spotify confidentially filed IPO documents with the United States Securities and Exchange Commission last December, and now the filing has gone public.
SEC gives Spotify preliminary approval for a new kind of IPO that doesn’t offer new shares
The US Securities and Exchange Commission (SEC) has given the #1 music-streaming service Spotify preliminary approval for a new type of “underwriter-less” initial public offering (IPO).
Angry Birds maker valued at $1 billion in IPO
Rovio Entertainment, the Finnish mobile games maker behind the lucrative Angry Birds franchise, announced today its long-awaited initial public offering (IPO) after submitting its listing application to Nasdaq Helsinki a few days ago.