TC Roundup: GoDaddy seeks nearly $4.5B IPO valuation, talks diversifying
GoDaddy seeks nearly $4.5B IPO valuation, talks diversifying: GoDaddy.com is pushing ahead with an initial public offering early next year that would value the world's biggest domain registration service at roughly $4.5 billion, The Post has learned.
CFO Scott Wagner met last week with analysts to give an update on GoDaddy since it first filed paperwork to go public in June, a source said. (New York Post)
Amazon leases Manhattan building, hinting at ambitions: Amazon.com agreed to lease 470,000 square feet of space in midtown Manhattan from Vornado Realty Trust VNO, including a site people familiar with the matter say will serve as a same-day shipping hub, warehouse and the company's first customer-facing brick-and-mortar location.
The Seattle e-commerce giant has agreed to lease the space for 17 years, according to a statement from Vornado Thursday. The Wall Street Journal last month reported Amazon's plans for the brick-and-mortar location, on one of Manhattan's busiest commercial streets. (The Wall Street Journal)
Google, Rockstar agree to settle patent litigation: Google has agreed to settle litigation with patent consortium Rockstar, though terms of the deal were not disclosed in a court filing made public this week.
Rockstar, which counts Apple as an investor, outbid Google and paid $4.5 billion in 2011 for thousands of former Nortel Network patents as the networking products supplier went bankrupt. (Recode)