Tag: INVESTMENT

With an investment of $450 million by investment bank Goldman Sachs, Facebook has just increased its valuation to $50 billion, placing it above Yahoo and eBay, but still some way off giants Google, Oracle, Apple and Microsoft. Back in November, Mark Zuckerberg dispelled claims that an IPO was in Facebook's immediate future, but these continuing, massive private investments would suggest that an ...

Here's a quick one to kick-start your day with a smile! Paul Ceglia, an (alleged) early investor in Facebook, has come forward and claimed an 84% stake in the company. Facebook is vigorously stating that the lawsuit is 'completely frivolous', but considering a New York judge has temporarily restricted any transfer of Facebook's assets there just might be something to Ceglia's claim. Back in ...

It looks like Microsoft has beat out Google in the bidding war over a stake in Facebook. But while we had been hearing that Microsoft had been looking for a 5-10% stake in the $300-$500 million range, the company is instead spending $240 million on a 1.6% stake in Facebook. The deal gives Facebook a valuation of $15 billion, even though the company only made about $150 million in revenue this ...

Earlier this week Yahoo! announced changes that would roll out soon to upgrade aspects of the Yahoo! Finance property. One of these changes, and probably the most significant for daily users, is the completely overhauled Stock Charts. When Google rolled out Google Finance property, most of the hubbub around their offering was the dynamic charts. These hadn't been seen before anywhere and had a ...

Yahoo! announced in a press release that many long-awaited upgrades were soon to appear on Yahoo! Finance, albeit some only in beta form. Stock Charts - Google showed us that they could beat Yahoo! to the punch with their Ajaxy charting tools. Unfortunately for Google, the financial users are a pragmatic bunch and need more than the "kewl" factor to make them switch as indicated by Yahoo! ...