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GoDaddy Inc., a privately held domain registrar and web hosting company, is looking for a valuation of up to $2.87 billion in an initial public offering. According to a regulatory filing, GoDaddy is offering 22 million shares at $17 to $19 each to generate up to $418 million. And as per Thursday's filing, the company seeks a market value between $2.57 billion and $2.87 billion.

IPO of the company has come more than three years following a group led by KKR & Co. and Silver Lake Management purchased the Scottsdale, Arizona-based company for $2.25 billion. GoDaddy is all set to start marketing the sale to investors after fixing the price range.

SeaWorld Entertainment has named Joel Manby as its new chief executive and president. It is expected that Manby will help the company to repair its tarnished image. Manby will takeover the control on April 7.

Since 2003, Manby, 55, has effectively handled the position of president in and chief executive at Herschend Family Entertainment. For four years, Manby has also remained chief executive of Saab Automotive USA and also is the author of 'Love Works'.

SeaWorld is in crisis, as it has witnessed in attendance and was being questioned over treatment of its animals. In 2014, SeaWorld faced a drop of 4% in attendance. As per animal rights group, the decline is because the public is not favor of how the animals are being treated at SeaWorld.

Bank of New York Mellon has agreed to pay $714 million to settle federal and state allegations. The allegations are that the bank defrauded pension funds and other clients by wrongly representing how it managed their foreign exchange transactions.

According to the US Department of Justice and New York's top legal official, the investment services and management company said that it wrongly informed customers that it would give them the `best rates' available in a process. The process was designed to maximize the proceeds of every trade in the foreign currency exchange market.

Meredith Corp, nation's top publisher of magazines and websites for women, had originated from a journal that was sold door-to-door featuring tips to help farmers get ahead in the early 1900s.

Since then, Meredith Corp. survived depression, recession, the Internet and an increasingly crowded field of magazine competitors, and has now finally grown and evolved to reach more than 200 million people a month.

The magazine publisher managed to do so by developing a keen understanding of its readers, and used its huge database for polishing how women seek and use information in the areas of food, home, parenthood and health.

E-commerce company Amazon has been awarded with an 'experimental airworthiness certificate' by the Federal Aviation Administration (FAA) on Thursday to test a delivery drone outdoors.

Amazon wants to practice its goal of sending packages to customers by air, even though it faces public concern about safety and privacy.

The permission was awarded to test drones in outdoor areas near Seattle, where one of Amazon's research and development labs is developing the technology.

The FAA issued the certificate to an Amazon business unit and its prototype drone, which would allow test flights over private, rural land in Washington state.

Seattle-based Amazon has to obtain a new certification in case it modifies the aircraft or flies in a different version.

A novel study published in the journal Royal Society Open Science claimed that parasites encourage cannibalistic behaviour in some animals.

In the study, the researchers studied the effect of the common parasite Pleistophora mulleri on adult shrimps. The researchers came to know that adult shrimps infected with the parasite were more likely to eat their own kind than uninfected adults were.

As per the researchers, the shrimps can sometimes display cannibalism behavior, but when they are infected then the behaviour increases. The parasite Pleistophora mulleri is quite tiny and rests in the shrimp’s muscles.