Uber picks New York Stock Exchange for IPO

Pinterest Eyes April IPO to Capitalize on Hot Market for New Stocks

Lyft Inc's IPO is oversubscribed based on commitments made so far by investors and the ride-hailing company expects its valuation to exceed $23 billion, Reuters reported reut.rs/2TSyaux on Tuesday.

Pinterest said it had more than 250 million monthly active users as of December 2018 and more than $750 million in revenue in fiscal 2018.

The tech and app-driven companies that are pursuing plans to go public include Airbnb, according to people familiar with the company's plans.

Samsung Galaxy A90 "notchless infinity screen" - Official Announcement
Samsung Galaxy A90, as shown on Samsung Indonesia's microsite, gets a flawless Notchless Infinity display - with no hole or notch. This isn't surprising, however, as Samsung has already announced that the Galaxy Fold runs on a 7nm 64-bit octa-core processor.

Jet Airways founder Naresh Goyal steps down amid crisis
Goyal has reportedly agreed to cut his stake in the airline to 9.9 percent from the earlier 51 percent, CNBC-TV18 said. The board of Jet Airways met in Mumbai on Monday to decide on ways to procure interim funding , said an IANS report.

Ranveer, Deepika, Ranbir groove to Varun Dhawan's 'First Class' song from Kalank
Meghna Gulzar , known for directing true-life stories with authentic grit will be calling the shots as the director of Chhapaak . Along with the first look, Deepika has also revealed the release date of the film. "#Chhapaak Releasing-10th January, 2020".

Pinterest has experienced "significant growth" in users and monetization over the last several years, it said in the filing. The company generated a net loss of $63 million previous year. The company's plan to accelerate its listing and list on the New York Stock Exchange was reported earlier by the Wall Street Journal. It also said it has grown quickly in worldwide markets by localizing content. That includes 43 percent of internet users in the US, it said, citing an independent study by Comscore. That hurt online traffic and user growth in the following quarters, according to the filing. Uber's valuation - likely the biggest in a year packed with Silicon Valley IPOs - could reach $120 billion, while Pinterest was last valued at around $12 billion.

The filing confirms that Pinterest will debut with the same dual-class stock structure as Snap before it and Lyft, which is now pursuing its own IPO. Reports added that the NYSE has superseded NASDAQ over the years by attracting technology giants including the Alibaba Group, Snap Inc. and Twitter Inc., since Facebook Inc.'s NASDAQ listing was afflicted by some technological malfunction about seven years ago.

-With assistance from Alistair Barr and Meghan Genovese.

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