Billionaire Battle: Mark Cuban and Carl Icahn Argue on Twitter Over Donald Trump
Billionaire Mark Cuban and Carl Icahn, have been duking it out on twitter over Donald Trump. The argument essentially started in the early morning hours of Monday, when Mark, responded to a tweet which Icahn made in [..]
Arianna Huffington Leaving Huffington Post; Moves On To New Online Startup
It is now official that Arianna Huffington is leaving the Huffington Post after 11 years. Ms. Huffington has been at the helm of the digital news company as president and editor-in-chief. Together with two other co-founders, [..]
Monster.com Acquired By Randstad for $429 Million
Monster.com, a global leader in connecting people and jobs, and Randstad Holding, a leading HR services provider recently announced the signing of a definite agreement under which the latter will acquire the former. [..]
Jeff Bezos Sells 1 Million Amazon Shares; Gives Himself a $756.74 Million Bonus
Amazon CEO Jeff Bezos sold off another 1 million shares of company stock last week, according to a filing with the Securities and Exchange Commission.
In the last 3 months, Bezos has sold about $1.4 billion in Amazon stock. [..]
Amazon Passes Exxon and Is Now the 4th Most Valuable Company in the World
A few days ago, Amazon officially passed Exxon to become the fourth most valuable company in the United States. Apple, Google (Alphabet) and Microsoft take the first three places. According to recent financial analysis, [..]
Apple Sells Its Billionth iPhone, But Overall Sales are Down
On 27 July 2016, Apple sold its one-billionth phone. Its CEO, Tim Cook was ecstatic about this sale when he made the announcement at a meeting for the company’s employees in Cupertino, California. He termed the Apple [..]
Verizon Acquires Yahoo, Inc for $4.8 billion. Now what?
It has finally happened. Yahoo, Inc has been sold after a long and drawn-out process.
Verizon will pay $4.83 billion in cash for Yahoo’s core internet business, which includes Yahoo Mail, Fantasy Sports, photo storage [..]
Jeff Bezos Briefly Passes Warren Buffett on World’s Richest List
The Bloomberg Billionaires Index briefly listed Jeff Bezos at the third spot in the world richest men behind Spain’s Amancio Ortega and Microsoft Owner Bill Gates (the richest man in the world). Bill Gates’ worth was [..]