Internet retailer Cyberian Outpost has filed for an initial public offering that could raise more than $63 million, Bloomberg reported. According to Securities and Exchange Commission filings, the Kent, Connecticut-based company generated revenue of $22.7 million for the fiscal year ending February 28, up from $10.8 for the previous year. Cyberian Outpost has run up $8.8 million in losses so far, according to the SEC filing, which did not provide the number, price, or percentage of its common shares for sale.
Apple is nixing iPhone parenting apps: Here's why: Let's dive into the saga of mobile device management, or MDM, software and why it's causing a showdown between Apple and iOS developers.
What Amazon's one-day shipping means for you: Last week, Amazon announced it will decrease the standard shipping time for Prime members from two days to one. In this Tech Minute, here's how this change will impact your deliveries.
Discuss: Short Take: Cyberian Outpost files for IPO
Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.