Millennial Media Inc., the seller of advertising space on smartphones that went public last year, is now 47 percent cheaper for companies such as Yahoo! Inc. and Microsoft Corp. that want to expand their share of the market.
Kony Solutions Inc., a provider of mobile-application platforms, has talked to banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. about selling shares in a public offering as early as this year.
Line, the Asian chat app that reached 100 million users about three times faster than Facebook Inc., is putting growth before profit to take on the U.S. social-networking giant and Twitter Inc. in their own backyard.
Yelp Inc., a site featuring user reviews of restaurants and businesses, filed to raise as much as $100 million in a 2012 initial public offering, seeking to become the latest unprofitable Internet company to go public.
Apple Inc.’s potential entry into Internet radio is poised to put online music pioneer Pandora Media Inc. on the takeover wish lists of companies from Google Inc. and Amazon.com Inc. to Clear Channel Communications Inc.