Private news and trends

SoftBank Considers Going Private
Business // March 24, 2020

SoftBank Group has been spending time in talks with investment firms Elliott Management and Mubadala over the possibility of taking its Japanese tech conglomerate private, the Financial Times (FT) reported, but the strategy has ultimately been scrapped. After a stock market slump as of late due to...

7M Venmo Transactions Scraped To Warn Users
Safety and Security // June 17, 2019

A computer science student scraped seven million Venmo transactions to warn users that their public activity can still be stolen. Dan Salmon said he scraped the transactions over the course of six months to prove to users that they need to set their Venmo payments...

Party City Mulling A Sale The Could Make It Private Again
News // May 01, 2017

Party City, the party supplies retailer, is reportedly mulling a sale after a private equity firm reached out to the retailer. According to a report in Reuters, citing people familiar with the matter, Party City is working with investment bankers on a potential sale, which...

Blue Nile Goes Private In $500 Million Sale To Bain, Bow Street
Partnerships / Acquisitions // November 08, 2016

Blue Nile, the online jewelry eStore, announced Monday (Nov. 7) it is going private via a deal in which it will be acquired by an investor group made up of Bain Capital Private Equity and Bow Street. In a press release, Blue Nile said, in...

Quick Reads
Squarespace to Go Private in $6.9 Billion Deal

May 13, 2024
Squarespace is going private in a $6.9 billion deal with private equity firm Permira. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close by the fourth quarter, Squarespace said in a Monday (May 13) press release. Becoming a privately held company will give the website-building platform greater flexibility and resources, the company said in […]

SoftBank Considers Going Private

March 24, 2020
SoftBank Group has been spending time in talks with investment firms Elliott Management and Mubadala over the possibility of taking its Japanese tech conglomerate private, the Financial Times (FT) reported, but the...

7M Venmo Transactions Scraped To Warn Users

June 17, 2019
A computer science student scraped seven million Venmo transactions to warn users that their public activity can still be stolen. Dan Salmon said he scraped the transactions over the course...

Party City Mulling A Sale The Could Make It Private Again

May 01, 2017
Party City, the party supplies retailer, is reportedly mulling a sale after a private equity firm reached out to the retailer. According to a report in Reuters, citing people familiar...