GoPro Inc (NASDAQ:GPRO), the American corporation that develops, manufactures and markets high-definition personal cameras has recently went public and marked the best IPO market trend on Thursday. According to Fox News, GoPro Inc (NASDAQ:GPRO) raised $427 million through issuing 17.8 million shares at $24 a share. GoPro Inc (NASDAQ:GPRO) has already been doing great on the stock market since the past few weeks. GoPro’s initial public offering priced at the high end of expectations is a clear indicator that there is an elevated demand for the high class camera maker. The latest sale has made GoPro Inc (NASDAQ:GPRO) as the largest consumer tech IPO in years
On the other hand, AT&T Inc (NYSE:T) and DIRECTV (NASDAQ:DTV) chief executives appeared in Capitol Hill on Tuesday to sell their proposed $48.5 billion merger, and claimed that the merger will lower the prices.
Fox news also reported that YouTube, LLC, the subsidiary of Google Inc(NASDAQ:GOOGL) has rolled out some great features of Vidcon, its multi-genre online video convention that takes place annually. The features include massive crowd-sourced translation effort, a virtual tip-jar that is designed to support contributions up to $500, direct connections between videos and crowdfunding sites and the best of all, a mobile app through which the YouTube users will be able to manage and track videos.
Aereo Inc. has finally suspended its operations after the Supreme Court decision which ruled the streaming startup that allowed the users to watch live and time-shifted streams of over-the-air television and on the internet as “illegal” after it was proven that Aereo is violating the copyright laws and publishing content without proper approval of the broadcasters.