The most important tech news of the day: Google, Facebook, Apple to release a $50 million funding round
The most crucial tech news from the past 24 hours has been about Facebook, Google and Apple.
The tech giants’ announcements of their initial public offerings, which they expect to release in the next several weeks, have been met with a mixture of skepticism and optimism.
For example, Google announced that it will sell its stock at $50 a share on July 18.
The stock rose to $53.96 on Wednesday.
But the company has said the deal is a way for the company to raise money for a variety of initiatives.
The company also plans to spend about $50 billion over the next five years to help improve its technology and grow its business.
On the other hand, Apple is set to unveil its first iPhone later this year, and the company’s stock is currently trading around $80.
Apple is also expected to unveil new hardware and software products for the iPhone X later this month, and will be releasing the new iPhone XS later this week.
Apple stock rose after the announcement that the company will sell stock at its IPO price of $50.
Facebook stock was trading up after the news was made.
Apple and Facebook are expected to announce a $1 billion round of funding from private investors in the first half of 2019, according to the Wall Street Journal.
The deal will fund “expanding and expanding operations,” according to a statement from Facebook.