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 by Staff Writers San Francisco (AFP) Feb 20, 2019
Lyft is preparing to list its shares on the Nasdaq exchange as early as next month, jumping ahead of ride-hailing rival Uber, the Wall Street Journal reported Wednesday. The report said Lyft's documents for its initial public offering may be made public next week to allow the listing by late March. That would enable Lyft, whose valuation at an estimated $15 billion makes it one of the richest venture-backed startups, to make its pitch to investors in mid-March. The filing would put Lyft ahead of Uber, with an estimated $70 billion valuation, in the race for a public share listing that could bring in more capital and fund expansion. Lyft has discussed the possibility of expanding globally but so far has operated only in the US and Canada.
Porous carbon fiber research one step closer to use in automotive industry Blacksburg VA (SPX) Feb 20, 2019 An update on recently reported research on porous carbon fibers shows how this material can be used in an industrial setting, marking an important step from the theoretical to application. Guoliang "Greg" Liu, an assistant professor of chemistry in the College of Science and a member of the Macromolecules Innovation Institute, has been working on developing carbon fibers with uniform porous structures. In a journal article published recently in Science Advances, Liu detailed how his lab used block ... read more
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