Apple May Sell Bonds to Return Capital to Shareholders
According to a Bloomberg report, Apple is planning to sell bonds to return capital to its shareholders. The company is expected to sell the securities in as many as 10 parts, with the longest-dated bonds maturing in 30 years, claims the source. A person with knowledge of the matter told the publication that proceeds will also back...
Kik Interactive Exploring Strategic Partnerships and Possible Buyout Offers
Kik Interactive was founded six years ago in Waterloo by Ted Livingston, who started the company while studying at the University of Waterloo. Messaging app Kik was created by a Canadian team of developers and has proven to be popular among teens. According to a new report from Bloomberg Business, Kik Interactive is looking to...
Uber CEO Reveals Vancouver is the Only City They’ve Had to Back Out of
Uber, the on-demand ride-hailing service, has raised $1.2 billion in funding from investors, giving it a total value of $18.2 billion. According to the Wall Street Journal, Uber is now the second most valuable startup in history, after Facebook. The car service is now in more than 130 cities and creates 20,000 new jobs per...