2018 was initially anticipated to be a "monster" IPO year. However, some of the companies investors were most excited to have go public like Uber, AirBnB, and Pintrest, have already announced they will not go public in 2018. But not all hope is lost. Spotify and Dropbox have filed to go public. How will 2018 measure up to 2017 for IPOs?
Barrett Daniels is the CEO of Nextstep Advisory Services and he joins Cheddar to explain why he thinks 2018 could still be a great year for tech IPOs. Daniels says investors will be looking towards Dropbox to set the tone for IPOs in 2018.
Daniels explains that investors have become more intelligent when it comes to big-name IPOs. Tech companies can no longer expect to go public with a flashy name and brand recognition. That is why Daniels is more confident in Dropbox. Daniels believes in Dropbox's strong margins and profitability.
The trial of a Fugees rapper, who was convicted this year in multimillion-dollar political conspiracies, stretched across the worlds of politics and entertainment — and now the case is touching on the tech world with arguments that his defense attorney bungled the case, in part, by using an artificial intelligence program to write his closing arguments.
Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.
The new Pixel 8 smartphone released this week by Google includes an AI photo editing software that will allow users to change the expression of a person in pictures.
