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Chat app Line reportedly applies for a public listing in Japan in a deal worth over $9.8b

Jul15
by on July 15, 2014 at 8:20 am
Posted In: Apps, Around the Web, Asia, messaging app

Rumors that Japanese messaging app Line would list publicly started circulating since last year, with various reports and estimations pegging the firm’s valuation between $10-30 billion. Now the Wall Street Journal reports that Line has applied for an IPO on the Tokyo Stock Exchange. WSJ says the deal is expected to be worth more than 1 trillion yen ($9.8 billion), which would be one of Japan’s largest stock offerings this year. Interestingly, the newspaper also says that Line will likely apply for a listing on the New York Stock Exchange too, making for a dual listing. The company is said…

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Teamreporter wants to replace your daily status meetings with daily email updates

Jul15
by on July 15, 2014 at 8:00 am
Posted In: Apps, Around the Web, Insider, Product Launches

Meeting
Anyone who’s spent any time working in an office will largely agree that an insane amount of time is wasted sitting around in meetings. It’s a common, but largely unavoidable, complaint. It’s not that attempting to get through the endless supply of bad coffee and limp looking fruit (not in our office, of course) is a chore in itself, it’s more that a lot of them are simply to deliver regular updates to the rest of your team, the sort of thing that could be handled in an email. This is where Teamreporter comes in; it wants to effectively end these needless meetings…

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a couple of laughzillas on a blue diamond background

Teamreporter wants to replace your daily status meetings with daily email updates

Jul15
by on July 15, 2014 at 8:00 am
Posted In: Apps, Around the Web, Insider, Product Launches

Meeting
Anyone who’s spent any time working in an office will largely agree that an insane amount of time is wasted sitting around in meetings. It’s a common, but largely unavoidable, complaint. It’s not that attempting to get through the endless supply of bad coffee and limp looking fruit (not in our office, of course) is a chore in itself, it’s more that a lot of them are simply to deliver regular updates to the rest of your team, the sort of thing that could be handled in an email. This is where Teamreporter comes in; it wants to effectively end these needless meetings…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

Microsoft is reportedly planning a huge round of job cuts after acquiring Nokia’s devices business

Jul15
by on July 15, 2014 at 7:53 am
Posted In: Around the Web

Microsoft completed the acquisition of Nokia’s Devices and Services business in April at a price slightly higher than $7.2 billion, and now to integrate the unit, Bloomberg reports that the company is planning the biggest round of job cuts in five years. This means the number this time round would exceed the 5,800 jobs that were slashed in 2009, according to the report. The job cuts could be announced this week and will likely come from areas such as Nokia and divisions of Microsoft that overlap with the Nokia business, as well as marketing and engineering, Bloomberg cites its sources as…

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