Facebook’s intensely hyped initial public offering one year ago today was supposed to be a triumphant moment for Silicon Valley and Wall Street. After years of buildup and a valuation that had ballooned to $100 billion, …
Updated May 19, 1 p.m. EST: AllThingsD reports that the Yahoo! board has unanimously approved a deal to purchase Tumblr for $1.1 billion. More updates to follow.
One year ago tomorrow, social networking phenomenon Facebook went public in one of the most highly anticipated initial public offerings of the last decade.
Leading up to the IPO, which valued the company at a whopping $104 …
On Wall Street, it’s all about finding an edge — no matter how small or seemingly insignificant. Whether it’s a snippet of chatter in a restaurant, a stray comment on the squash court, or a scrap of barroom banter after work, …
It’s been four months since Aaron Swartz, the celebrated computer prodigy and Internet activist, committed suicide in his Brooklyn apartment, prompting an outpouring of grief from his family, friends, and many others in the …
U.S. President Barack Obama named prominent venture capitalist Tom Wheeler as his nominee to be the new chairman of the Federal Communications Commission, as expected. In a brief White House ceremony on Wednesday, Obama said that …
The future of computing is in the palm of your hand — and Facebook knows it. That’s why the most encouraging thing about the tech giant’s generally solid earnings report Wednesday was the fact that mobile revenues represent a …
The rise of the Internet has been one of the most transformative developments in human history, at least comparable in impact to the advent of the printing press and the telegraph. Over two billion people worldwide now have …
Since September, Apple’s stock price has declined by 40%, wiping out hundreds of billions of dollars in shareholder value and costing the tech giant the title of world’s largest firm by market capitalization, a distinction that …
New York City’s plan to establish a world-class applied sciences university received a major boost on Monday with the announcement of a $133 million donation from prominent tech billionaire and philanthropist Irwin M. Jacobs, …
Media giant Viacom just can’t win — at least when it comes to the company’s long-running, landmark copyright infringement lawsuit against Google‘s YouTube video service. A federal judge handed a major victory to YouTube on …
