Digital streaming business Roku has soared in its public debut. After pricing its IPO Wednesday at $14 per share, Roku finished its first day of trading at $23.50, up nearly 68%. And by the end of Friday, Roku closed at $26.54, or up 90% in less than 48 hours. The company is now valued at about $2.6 billion. So this must be great news for the company, right? Well, sort of. Read More
Alibaba is leading a $27M investment in open source database startup MariaDB
Alibaba has spent 2017 pushing its cloud computing business and now it is preparing to make its first major investment in a Western startup in the space.
The Chinese e-commerce giant has agreed to lead a €22.9 million ($27 million) investment in MariaDB, the European company behind one of the web’s most popular open source database servers, according to a source with knowledge of… Read More
The Chinese e-commerce giant has agreed to lead a €22.9 million ($27 million) investment in MariaDB, the European company behind one of the web’s most popular open source database servers, according to a source with knowledge of… Read More