by | Jan 3, 2011 | Towing
Facebook raised a $500 million investment from investment bank Goldman Sachs Group (GS) and an unnamed Russian investor, according to The New York Times.
The deal values the social-networking site at $50 billion, more than companies including Yahoo I…
by | Jan 2, 2011 | Towing
It’s hard to make huge changes in your spending habits all at once. To reach your new year’s resolution to manage your finances better, try small steps instead. Financial experts offer 10 easy suggestions that could help you sp…
by | Jan 2, 2011 | Towing
Forecasting which technologies will succeed is always hazardous, but it proved especially difficult in 2010, a year full of surprises — and also several disappointments. Facebook blew away even the most optimistic expectations…
by | Dec 30, 2010 | Towing
China’s plans to cut exports of rare earth minerals — used in alternative energy technologies — has the rest of the world scrambling. In the U.S., the country’s first new rare-earth mine in more than a decade is set to reopen…
by | Dec 30, 2010 | Towing
New reports say Groupon could go public by the end of 2011, around the same time a Facebook IPO is expected. But even if they both priced their IPOs on the same day, there would be no shortage of funding because IPO-starved inv…