Tag: Financial

Elevation Partners Spends $120M More On Facebook Shares
The private equity firm that counts rock star Bono as a member of its investment team is taking a greater interest in Facebook.  According to a new report, Elevation Partne...
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Facebook’s (Rumored) 2009 Revenue: $800 Million
For quite a while, we've been making favorable comparisons between the size of Facebook's user base and the populations of different countries.  Now, Facebook may be able t...
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Yahoo Announces Another Shareholders’ Meeting
It's time again for Yahoo's shareholders to get a semi-exclusive earful regarding where the company is headed.  Yahoo's scheduled a shareholders' meeting for Thursday, June...
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Citi Cuts Google Price Target
Google investors should say goodbye to a projected $10 per share, according to new data from Citi.  The financial services company kept its "buy" and "Top Pi...
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BofA Merrill Lynch Lowers GOOG, YHOO, eBay Estimates
Individuals who have invested in Google, Amazon, eBay, and Yahoo might want to lower their expectations.  Bank of America Merrill Lynch cut its price targets on the compani...
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Barclays Trims Google Estimates
Sorry, Google shareholders, but a respected international investment bank has taken the view that Google won't do quite as well as previously forecast.  Barclays lowered it...
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Google Asks In-House Financial Experts To Grow War Chest
When Google distributed its first-quarter earnings report, many people were struck by one particular fact: the search giant had $26.5 billion in "cash, cash equivalents, an...
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Major Facebook Backer Hints At Further Investments
Digital Sky Technologies, the Russian investment firm that's poured hundreds of millions of dollars into Facebook, is preparing to go on the hunt again.  Its founding partn...
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Yahoo Arranges Investor Day Event
Yahoo shareholders (and perhaps Microsoft and Google shareholders, too, for that matter) might want to consider clearing their calendar for a special event.  Yahoo's announ...
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Carl Icahn Cuts Stake In Yahoo (Again)
Once upon a time, Carl Icahn complained about the way Jerry Yang was running Yahoo and bought a massive number of shares to force him out.  Later, Icahn joined Yahoo's boar...
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Google’s Shares Sink Below $500
Even more than the average individual, Google shareholders seem likely to wind up marking the end of the week by having a few drinks.  Google's stock was below $500 when th...
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Popular News App Maker Newsy Gets New Funding
Newsy is a video news service that analyzes the world’s news coverage, highlighting the key differences in reporting. The company has n...
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Google Leads Invidi Technologies Funding Round
The self-proclaimed "leader in advanced addressable advertising solutions for television" has received financial backing from Google.  Google - along with several...
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Google’s Taxpaying Habits Scrutinized In Australia
Google's practice of channeling its revenues through Ireland is getting the company into trouble yet again.  This time, onlookers in Australia have taken note, and although...
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Google Invests $38.8 Million In Advanced Wind Farms
Two wind farms in North Dakota now enjoy the support of a certain search giant.  Google announced this afternoon that it's invested $38.8 million in the farms, and believe...
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