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OTT revenues to rocket to $42 billion by 2020
2014-09-24 08:40:31| Digital TV News
Global online TV and video revenues will reach $42.34 billion in 2020; up from $3.96 billion recorded in 2010 and the $19.03 billion expected in 2014, according to a report from Digital TV Research.
Tags: billion
revenues
rocket
ott
Rocket Internet sets IPO price range, to raise EUR 1.5 bln
2014-09-24 08:17:00| Telecompaper Headlines
(Telecompaper) German start-up incubator Rocket Internet has priced its initial public offering at EUR 35.50-42.50 per share, taking the value of company to around USD 8 billion. At the mid-point of the price range and including a greenshoe option, Rocket can expect gross proceeds of about EUR 1.477 billion. The company initially planned to raise EUR 750 million with its IPO. The expected proceeds include EUR 582.5 million from cornerstone investors, who along with existing shareholders have committed to a 12-month lock-up period. The free float after lock-ups will be 24 percent. Founded in 2007 by brothers Oliver, Alexander and Marc Samwer, Rocket Internet has set up e-commerce sites and online marketplaces in more than 100 countries.
Tags: internet
price
range
eur
SpaceX rocket carries the first ever zero-g 3D printer to the Space Station
2014-09-22 15:58:21| Extremetech
Early Sunday morning, SpaceX mission CRS-4 lifted off from Cape Canaveral towards the International Space Station, carrying with it the first 3D printer that will operate in zero gravity. When the astronauts aboard the ISS use the 3D printer, they will become the first humans to ever manufacture goods away from planet Earth. It's not quite the Moon- or Mars-based factory that we've always dreamed of, but it's a very important first step towards manufacturing goods outside of Earth's gravity, and thus the eventual colonization and industrialization of the Solar System.
Green Economy Isnt Rocket Science Its Not Even Costly
2014-09-22 15:25:00| Climate Ark Climate Change & Global Warming Newsfeed
Inter Press Service: Acting on climate change will not hurt domestic economic growth, and in fact is more likely to boost growth, most analyses now show. The latest to confirm the dictum that swift action is eminently affordable is the recent report by the Global Commission on the Economy and Climate, released on the eve of the Sep. 23 U.N. Climate Summit in New York."We've been hiding what's going on from ourselves: A high-carbon future is being locked in by the world's capital investments." -- Princeton University's...
Tags: not
science
green
economy
Rocket Internet to raise EUR 750 mln in IPO
2014-09-10 10:37:00| Telecompaper Headlines
(Telecompaper) German start-up incubator Rocket Internet has announced plans for an initial public offering of shares. The listing on the Frankfurt stock exchange is expected to raise EUR 750 million to support future investments by the company. The offering will be entirely new shares, with existing shareholders such as Kinnevik, Access Industries, Holtzbrinck, United Internet and PLDT maintaining their stakes. Started in 2007, Rocket Internet claims as its mission "to become the world's largest internet platform outside of the US and China". It has invested in a wide range of consumer online services, focused on bringing internet business models to new countries and sectors. It's active in over 100 countries, with a particular focus on emerging and fast growing economies in Latin America, South East Asia, India and Africa.
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