With time trading, people offer services based on an exchange of hours - not money. But it's still economic activity.
RingCentral, the cloud-based phone service, will open trading tomorrow on the New York Stock Exchange at $13 per share, offering 7.5 million shares and raising $97. million. It will trade under the ticket symbol “RNG.” Violin Memory... Read Post
Amazon is now offering users a monthly option for its Amazon Prime service, priced at $7.99 per month, as an alternative to the $79/yearly subscription. It's the same service as before, offering free two-day shipping, access to a fr... Read Post