Tuesday, 22 May 2012 | Posted By:
| Source: CNBC.com
Allowing high-frequency computer traders into the stock market is like letting “rats in the granary,” Warren Buffett’s right-hand man said in an exclusive CNBC interview.
The European Union's antitrust chief on Monday offered Google a chance to settle an investigation into allegations of anti-competitive behaviour after the world's most popular search engine indicated its willingness to resolve the issue amicably.
Monday, 21 May 2012 | Posted By:
| Source: CNBC.com
As Alibaba Group's buyback of half of Yahoo's stake paves the way for a possible public listing for the Chinese internet giant, one strategist tells CNBC if the company wants to stay competitive in the domestic market it needs to expand, for which it must raise a lot of capital.
The Pentagon said on Friday it believes China spent up to $180 billion on its military buildup last year, a far higher figure than acknowledged by Beijing, and it accused "Chinese actors" of being the world's biggest perpetrators of economic espionage.
"The healthcare industry is being significantly impacted by Facebook and social media. The use of these social media channels has led to a significant shift in the way we engage internally as well as with the external world. "
Facebook co-founder Eduardo Saverin, under fire over the tax consequences of renouncing his U.S. citizenship, said on Thursday he is obligated to and will pay "hundreds of millions of dollars in taxes to the United States government."
GM has learned what the savvy marketers already knew – people are not looking to buy on Facebook…yet. Facebook users believe their life (and the lives of their friends) is the most entertaining of 24/7 cinema; because they are the stars.
The market for equities has gone through numerous crises, bubbles and ups and downs, but when an initial public offering comes, it can create lots of excitement for investors and generate perhaps billions of dollars for the company.
Facebook has become an integral part of the recruiting process. It’s given employers an opportunity to learn more about prospective candidates and has allowed organizations to gain intelligence on a person’s ideals and background.
Thursday, 17 May 2012 | Posted By:
| Source: CNBC.com
There’s been a lot of talk about Facebook’s valuation, but the real question behind that valuation, is how Facebook makes money and what its prospects are in the future.
David Cameron, Britain’s prime minister, will on Thursday warn that the single European currency could unravel in a way that “carries huge risks for everyone” unless the eurozone’s 17 members move rapidly towards full fiscal and political union.
Thursday, 17 May 2012 | Source: The New York Times
Eduardo Saverin co-founded Facebook at age 21, then left two years later with a legal settlement that cut him off from Facebook but left him phenomenally wealthy. His stake will most likely be worth more than $3 billion when Facebook goes public Friday.
Wednesday, 16 May 2012 | Posted By:
| Source: CNBC.com
India is set to overtake the U.S. as the world’s largest Facebook market by number of users as early as 2015, according to social media analysts, driven by growing internet penetration and high rates of growth in mobile connections.
Wednesday, 16 May 2012 | Posted By:
| Source: CNBC.com
Professional athletes who want their money to last beyond age 40 think about investing it. By now, most people have gotten the memo that there’s money in technology, so some athletes looking to invest have also chosen that sector.
Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.... Read More
Flash-sale sites like Gilt.com, RueLaLa.com and BeyondtheRack.com came on the scene when recession-wary consumers were hungry for bargains and still reserved about their spending... Read More
Conflict-of-interest arguments are brewing about whether Morgan Stanley and other banks were allowed to make significant downward adjustments to Facebook's financial estimates during the deal's 9-day marketing period.... Read More
Citadel Securities is the latest firm to report “significant losses” from Facebook trades on behalf of clients, according to people familiar with the situation.... Read More