The severe Facebook revenue revisions that sent investors running

May 23, 2012 1:09 PM Jennifer Van Grove
Jennifer Van Grove

In the convoluted case of the botched Facebook IPO, the story goes that the social network’s underwriters, with guidance from a Facebook executive, reduced their 2012 earnings estimates, shared that material information with a few, preferred investors, and let institutional …

Facebook secures $5B credit facility, $3B bridge loan prior to IPO

March 7, 2012 4:42 PM Jennifer Van Grove
Jennifer Van Grove

Facebook has established new multi-billion dollar credit lines prior to its hotly anticipated initial public offering, according to an amendment to its S-1 filing with the U.S. Securities and Exchange Commission Wednesday.

A $5 billion credit facility was secured with …

Vyatta nabs $12M from HighBAR, JPMorgan, Citrix to push cloud networking security

November 15, 2011 4:30 AM Sean Ludwig
Sean Ludwig

Leading software-based networking provider Vyatta has raised $12 million in a new round of funding, with a goal of continuing to improve security for physical and cloud infrastructures.

“The number one concern of CIOs is security,” Vyatta CEO Kelly Herrell …

Amazon could sell 5M Kindle Fires during holiday shopping season

October 24, 2011 12:02 PM Jolie O'Dell
Jolie O'Dell

Amazon is expected to sell as many as 5 million of its new Kindle Fire tablets before the end of 2011.

JPMorgan analyst Douglas Anmuth stated in a research note he thinks the e-commerce company can move 5 million of …

Startup MarketBrief instantly analyzes & summarizes SEC filings

August 23, 2011 4:02 PM Jolie O'Dell
Jolie O'Dell

Going through page after page of SEC filings is our idea of a fun time on a Saturday night. For the rest of you, there’s MarketBrief, which turns complicated SEC filings into short, simple news articles in about a second.…