Biotech companies have been raising billions by going public — but many investors are getting burned

Biotech companies have been raising billions by going public — but many investors are getting burned

The window for biotech companies to raise money and go public has seemed unending over the past few years. Particularly in the past year, private companies have raised staggeringly big early funding rounds before turning around to tap the public markets for…

Xiaomi, bound for IPO, woos fans (and investors) at glitzy launch

Xiaomi, bound for IPO, woos fans (and investors) at glitzy launch

‘Chinese Apple’ Xiaomi reveals transparent iPhone X lookalike and VR headset built with Facebook at ‘rock concert’ launch event in front of 7,000 fans Xiaomi unveiled three new phones in the Mi 8 range Include a mini version and an ‘explorer’s edition’…

Gizmodo’s CEO is stepping down amid Univision turmoil

Gizmodo’s CEO is stepping down amid Univision turmoil

The CEO of Gizomodo Media told staffers Monday that he is stepping down, the latest sign of turmoil after its parent company Univision cancelled an IPO last month. Raju Narisetti joined as CEO of Gizmodo 19 months ago after Univision bought the…