*Company valued at about $764 mln at day high of $10.76. May 16- U.S. online car shopping service TrueCar Inc, whose shares closed up 11 pct in their debut on the Nasdaq on Friday, has plans for expanding so consumers can compare prices on big-ticket items other than automobiles.
*Company valued at about $764 mln at the high of $10.76. May 16- Shares of TrueCar Inc, owner of car comparison website TrueCar.com, rose about 20 percent in their market debut, valuing the company at about $764 million.
May 5- TrueCar Inc, which runs a car-pricing comparison website, may be valued at about $1 billion, if its initial public offering is priced at the top end of the expected range. TrueCar, which has received a $30 million investment from Microsoft Corp co-founder Paul Allen's Vulcan Capital, is headed by Scott Painter.
SEATTLE, May 2- Bill Gates, the former chief executive and chairman of Microsoft Corp, will have no direct ownership in the company he co-founded by mid-2018 if he keeps up his recent share sales. Assuming no change to that pattern, Gates will have no direct ownership of Microsoft shares at all four years from now.
SEATTLE, April 21- The lead money manager for Microsoft Corp co-founder Paul Allen is leaving his post this week, marking the latest in a round of high-level departures at the Seattle billionaire's Vulcan Inc organization, which handles his $16 billion fortune.
The company said in December that it received a $30 million investment from Microsoft Corp co-founder Paul Allen's Vulcan Capital. The company's investors include venture capital firm Upfront Ventures, billionaire Jeff Skoll's Capricorn Investment Group and insurer USAA.
March 5- Raymond James Financial Inc has hired a team of two financial advisers to its independent broker/dealer firm in Brentwood, Tennessee. The team of Paul Allen and David Schadel will operate as Wealth Strategies Partners, an independent firm with securities offered through Raymond James Financial Services, Raymond James said in a statement on Tuesday.
SAN FRANCISCO, Feb 4- Satya Nadella's elevation to CEO and co-founder Bill Gates' decision to relinquish his chairmanship at Microsoft Corp marks a changing of the guard at a 39- year-old company that fueled the PC revolution but is now struggling to establish its long-term identity.
Microsoft's next leader should consider spinning off consumer businesses such as search advertising and the Xbox games console, Paul Allen said. FT.
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Fred Rosen, the godfather of the $18-billion-a-year tickets business, is on a new mission to change it, the New York Times reports.
Microsoft is "working as hard as they can to catch up" to Google and Apple on smartphone platforms, co-founder Paul Allen told CNBC Tuesday.
CNBC'S Maria Bartiromo talks with Paul Allen in a wide-ranging conversation about Microsoft, the company he helped found, his up and down relationship with Bill Gates, and the future of technology. His memoir, "Idea Man," comes out today.
Microsoft co-founder Paul G. Allen, may be one of the world’s richest men, but he still resents his former partner, Bill Gates, for not sharing enough credit or giving him his due financially, the New York Times reports.
Microsoft co-founder Paul Allen has been diagnosed with non-Hodgkin's lymphoma and has begun treatment, a spokesman for his investment company said on Monday.