We start on wall street where yet another tech Company Lists its shares on the Stock Exchange later. Its been a huge year already for Technology Share sales, so much so, that some are already asking if we should be worried about another dot com bubble like the one that burst so spectacularly in 2000. So, whats happening today . Well, its the turn of messaging app slack. When its shares start trading on the new york Stock Exchange, it could value the company at around 17 billion, making its founder, stewart butterfield, the newest tech billionaire. Slack is a group chat app for businesses rather than consumers. Its used by 600,000 organisations, 95,000 of which are paying customers. But like many fledgling tech firms, its burning through cash. Last year, losses totalled 139 million. There are some 235 more share listings or initial Public Offerings lined up this year that could raise 100 billion between them. It has been a bumper year. The number of tech ipos in 2019 is up around 30 . W
Were sitting down. Reporter were live in redwood city where residents displaced from a fire here in redwood city will be returning. Well have new information where the fire started as mornings on 2 starts right now. Well, good morning. Its tuesday, july 9th. Welcome to mornings on 2. Im dave clark. Im tori campbell. We begin with a quick look at weather and traffic. Steve . All right, tori and dave. A lot of fog weve been talking about that. Inland temperatures will warm up. Sunny, pretty fast. Anywhere from 60s to 90s. Heres sal. Good morning, steve. We have a look at injury crash, northbound 280 at geneva avenue or before geneva avenue. We have the department on the scene. Chp has arrived. The fast lane and far right lane are blocked. So fares are getting through in the cars are getting through in the middle lanes. Traffic is backing up from 19th avenue to john daly. Northbound 280 before geneva avenue on the freeway. If you want to use an alternate, 101 is a better alternate or get
/PRNewswire/ BP Energy Partners, LLC ("BPEP"), a Dallas, Texas based, investment manager has closed on the sale of Mesa Natural Gas Solutions, LLC ("Mesa".