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Tout (company)
Tout was an online social networking service and microblogging service that enabled its users to send and view 15-second videos, known as "touts." The service's core technology was created at SRI International by Michael Downing based on two patents owned by that company. In April 2010, Tout spun off as its own company with SRI taking an equity stake. Tout gained popularity in June 2011 when basketball player Shaquille O'Neal used the service to announce his retirement. By early 2012, Tout had received over 12 million visitors and 75 million Touts had been shared by users of the service. Investors On July 11, 2012, WWE invested $5,000,000 in Tout Industries, Inc.'s ("Tout") Series B Preferred Stock and in July 2012, WWE entered into a two-year strategic partnership in Tout. WWE will be eligible to receive up 11,250 shares of Tout common stock per quarter for the life of the two-year agreement that is if certain performance metrics are met during the two years of the agreement. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |