Clearwire boosts size of stock offering to $350M

Clearwire expects to raise $350 million in its stock offering next week, an increase over its previous plans to raise $300 million.

The money-losing mobile broadband provider and wholesaler plans to sell 175 million Class A shares at $2 in an offering expected to close on December 13, the company said in a statement today. Clearwire said it plans to use the proceeds from the offering to continue to operate and upgrade its existing WiMax network to a newer technology called LTE.

Sprint Nextel, the majority shareholder in Clearwire, will buy about 172 million shares of the company's Class … Read more

Clearwire prepping $300M stock offering

Clearwire is on its way to shoring up its coffers.

The mobile broadband provider and wholesaler said it is planning a public stock offering of $300 million. It's unclear how many shareholders are willing to re-up on a stock that has fallen 60 percent this year.

The funds are critical to Clearwire's continued ability to operate and upgrade its existing WiMax network to a newer technology called LTE. Last week, Sprint Nextel swooped in and saved the company by committing up to $1.6 billion in financing. Sprint, along with being the majority shareholder, is also Clearwire's … Read more

Facebook IPO coming next spring?

Facebook is reportedly working on a plan to bring us the most anticipated public offering since Google's as early as next spring.

The social-networking giant is in internal discussions over when to file its IPO papers with the Securities and Exchange Commission, people familiar with the matter told The Wall Street Journal. The filing reportedly could occur as early as this year, with shares making their debut on the market between April and June 2012.

The company is considering a $10 billion offering that would value the social network at more than $100 billion, but Facebook CEO Mark Zuckerberg … Read more

Kobo Touch $69.99 at today

It was Barnes & Noble's turn on Black Friday. Now it's Kobo's turn on Cyber Monday.

Last week, Barnes & Noble offered up a limited edition of the Nook Simple Touch for $79. Now Kobo's teamed up with to sell the new ad-supported Kobo Touch With Offers for $69.99 in a one-day sale.

That's a $30 price cut and a good deal on a solid touch-screen e-reader. (Read our full review here).

Like the Kindle Touch With Special Offers, the Kobo Touch With Offers features an advertisement just at the bottom of … Read more

$99 ad-supported Kobo Touch ships

Not too long ago Kobo announced that it would soon begin selling an ad-supported Kobo Touch with Offers for $99, matching the price of the Kindle Touch With Special Offers and Nook Simple Touch. The company says that product is now available.

As part of the launch, Kobo has also updated the firmware for both the new model and standard Kobo Touch, which costs $30 more ($129). The new firmware offers "several significant new feature improvements, such as new customization options and enhanced speed to deliver a fully optimized e-reading experience." Owners of the standard Kobo Touch can … Read more

Black Friday deal-hunting apps for Android

As you can imagine, there are tons of Black Friday apps in the Android Market, most of which do the same thing--aggregate holiday sale items.

Sure, you can download them all to make sure you've got your bases covered, but we're thinking you probably don't want to be fumbling through an unwieldy app drawer while throwing elbows in department store aisles. So, we've taken the time to highlight just the essential Android apps for hunting down all the hottest deals come Black Friday.

TGI Black Friday We're listing this app first because it should be … Read more

LinkedIn to sell more shares to fend off plummeting stock price

Professional networking site LinkedIn is planning to offer more shares to protect its stock price from plummeting in the coming weeks.

According to a filing this week with the Securities and Exchange Commission, LinkedIn and its top shareholders plan to sell 8 million more shares in a secondary offering. The filing said that about 1.3 million of those shares will be sold by LinkedIn, while the remaining LinkedIn 6.7 million shares will be sold by stockholders. The offering is expected to help the company generate $100 million and its shareholders a sizable sum of their own.

But LinkedIn'… Read more

Kobo unveils $99 ad-supported e-reader

Borrowing a page from Amazon's playbook, Kobo has quietly launched an ad-supported e-book reader.

The Kobo Touch with Offers features a 6-inch E-ink touch screen, Wi-Fi, and a $99 price tag--a $30 price reduction from the regular model. The only difference, Kobo explains, is that the device's screen will feature an advertisement at the bottom of the home screen, as well as a screensaver ad when it's shut down or in sleep mode.

"Kobo Touch with Offers presents you with sponsored screens and valuable offers when your device is powered off or in sleep mode, and … Read more

Scoot over, Groupon, Google Offers has an app now too

Daily deal-aholics now have another avenue for purchasing discounted local offers, thanks to the arrival of the new Google Offers app for Android.

Simple and straightforward, the app immediately serves up a list of location-specific deals upon first launch. You can swipe up and down through the list, or tap any deal to see its price, number of purchases, and time remaining. From the deals list, you can also swipe left to see your Google Offers history, including Purchased, Saved, and Used or Expired deals.

The Google Offers app (download) is available now for free in the Android Market. And … Read more

Google Offers expands: New cities, deal partners

Google Offers continues to expand.

The daily-deals arm of the search giant announced 14 new deal partners and new personalization features making the process of finding and receiving relevant deals in one location more seamless for consumers. Google Offers also branched out to four new cities this week: San Jose, San Diego, Minneapolis and Baltimore.

"If deals aren't relevant or don't match your interests, they're spam," Nitin Mangtani, product manager for Google Offers, told CNET. So to broaden its consumer appeal and make deals more targeted, Google is adding new inventory categories such as luxury … Read more