​Headphone maker Monster Products Inc said it is planning to raise up to US$300 million in an initial coin offering, a fund-raising strategy in which a company creates a token, or digital currency, and sells it to the public.
Beat out of a windfall?
Apple's Beats Electronics and its cofounders have been sued in a U.S. court for allegedly easing out headphones developer Monster from a partnership ahead of the 2014 acquisition by the iPhone maker.
Dropbox is adding a suite of features to its file-hosting services to provide more syncing tools for app developers and make it easier for end users to access their data across devices.
Job-hunting service provider Monster Worldwide is to buy Yahoo's HotJobs Web site for US$225 million under an agreement announced between the companies on Wednesday.