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Eric Schmidt to cash in half of his shares in Google for $2.51 billion
- Google executive chairman Eric Schmidt is planning to sell nearly half of his shares in the company he helped turn into a household name according to documents recently filed with the Securities and Exchange Commission.
Three Facebook executives sell stock as trading restrictions are lifted
- A number of Facebook employees are now able to sell shares they were awarded when the company went public earlier this year. Three executives, including the social network’s chief operating officer Sheryl Sandberg, took advantage of the lifted restrictions and…
Google tops Microsoft, becomes second most valuable tech company
- Google is now the second most valuable technology company in the world, bumping Microsoft to bronze status earlier this morning. Google stock value increased 0.7 percent to $759.98, giving the search giant a market capitalization of roughly $249.2 billion. Microsoft,…
Dell and HP report poor second quarter results
- Dell has posted second quarter financials and the prognosis is pretty bleak. The PC business posted revenues of $2.6 billion which is 22 percent less than the same time period last year. The overall picture isn’t as bad, however, with…
Facebook set to go public on May 17, valued at $100 billion
- Facebook is planning to go public on May 17 according to multiple sources, granted the social network is able to get all of the necessary paperwork through the Securities and Exchange Commission in time. There’s little doubt that Zuckerberg’s company…
Facebook finally files long-rumored $5 billion IPO
- As expected, Facebook's initial public offering hit the Securities and Exchange Commission Wednesday, raising $5 billion -- less than the $10 billion previously speculated. The long-rumored move reached relative certainty last Friday when the Wall Street Journal reported the IPO…
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Microsoft launches YouTube app, Google demands it taken down
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Nvidia Shield arrives in June for $349, pre-orders open now (update)
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Bill Gates is once again the richest person in the world
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Google, NASA join forces to build quantum computing laboratory
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Google I/O 2013 Roundup: Learn about all the company's updates and announcements
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