Facebook to ‘reinvent’ IPO by using a new, cheaper way

Facebook is looking to change the way its IPO process works to make sure it delivers a better outcome for its investors.As part of the IPO process, investors are asked to vote on whether to invest in the company.In addition to the company’s initial public offering, investors can buy shares in Facebook’s private companies orRead More

Peeps CEO resigns after ‘unacceptable’ conduct

PEPPES CEO KIM JONAH is resigning amid a sexual harassment and retaliation investigation, his company confirmed on Thursday.In a statement, the company said: “Today, Peeps Inc. has learned that Mr. Jonah, the CEO of Peeps Investments, has resigned from his position as Peeps’ senior advisor and has accepted a new position in PEPS’ board ofRead More