Facebook’s Zuckerberg No. 26 on billionaires’ index
May 21, 2012
Facebook Inc. CEO Mark Zuckerberg is now the world’s 26th-richest person, with a net worth of $19.4 billion after his company went public last week, according to the latest ranking of the world’s billionaires. Bloomberg’s ranking of billionaires indicates that Microsoft Corp. co-founder Bill Gates remains at No.
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Facebook’s Zuckerberg No. 26 on billionaires’ index
Microsoft launches student-oriented social network, So.cl
May 21, 2012
Microsoft Corp. has quietly launched a new social network aimed at students and called So.cl. Forbes reports that Microsoft’s (NASDAQ: MSFT) So.cl isn’t targeting Facebook Inc. as much as it’s designed to compete with a similar offering from Google Inc., Google+.
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Microsoft launches student-oriented social network, So.cl
Slide show – Chihuly Garden and Glass opens today
May 21, 2012
Dignitaries and community leaders gather for the official opening to the public of the 45,000 square-foot Chihuly Garden and Glass this morning May 21, after a lineup of invite-only celebrations of the project, on site. At each of those pre-opening parties, guests were personally greeted by Dale and Leslie Chihuly, Space Needle chair Jeff Wright and Korynne Wright and others. At the public opening today (Monday), glass guru Dale Chihuly, who designed the project and whose glass is showcased here,…
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Slide show – Chihuly Garden and Glass opens today
Facebook closely watched after tepid Nasdaq debut
May 21, 2012
Last week was a big week for Facebook CEO Mark Zuckerberg, starting with 28th birthday on Monday, making billions on the biggest tech IPO in history on Thursday and getting married to long-time girlfriend Priscilla Chan on Saturday. That would be enough status updates for a long time for most on Zuckerberg’s social network. But now he runs a public company and all investors want to know is where Facebook’s new stock is headed. It stumbled badly on its first day of trading, finishing virtually…
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Facebook closely watched after tepid Nasdaq debut
Yahoo sells back half of Alibaba stake for $7.1B
May 21, 2012
Interim Yahoo Inc. CEO Ross Levinsohn is going to get billions of dollars to help his turnaround efforts. Yahoo (NASDAQ:YHOO) on Sunday night announced a deal to sell half its stake in Chinese Internet giant Alibaba Group Holding Ltd. for 6.3 billion in cash and $800 million in new stock. Alibaba also agreed to buy back another quarter of Yahoo’s stake at the price of a planned initial public offering or let the Sunnyvale-based content hub sell the sell the shares in the IPO
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Yahoo sells back half of Alibaba stake for $7.1B
Puget Sound Business Journal wins six regional journalism awards
May 21, 2012
Puget Sound Business Journal staffers and a contributing writer won six awards May 19 in the Northwest Excellence in Journalism Contest sponsored by the Society of Professional Journalists. Staff Writer Greg Lamm and Assistant Managing Editor Steve Goldsmith won first place in the category of general news reporting for “Other people’s money,” a three-part series on fallen Seattle financier Darren Berg. The installments were: – Frat brothers, investors, partners — all of them trusted Darren…
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Puget Sound Business Journal wins six regional journalism awards
Business Journal wins 12 Greater Bay Area Journalism Awards
May 20, 2012
The Silicon Valley/San Jose Business Journal won 12 awards at the 35th annual Greater Bay Area Journalism Awards given by the San Francisco Peninsula Press Club Saturday night. The Business Journal awards were in the non-daily newspaper category and the broadband category. The paper won were five First Place awards, four Second Place awards and three Third Place awards. The paper won one of only two overall excellence awards for broadband journalism in a competition in which all media —…
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Business Journal wins 12 Greater Bay Area Journalism Awards
EveryoneSolar seeks investors to grow in solar hot water market
May 19, 2012
If you’re interested in solar hot water heating for your home or small business, solar water heating startup EveryoneSolar LLC has a unique technology that is picking up interest, with five permits underway and a growing U.S. market opportunity. The company hopes to install more than 350 systems in 2012. Its competition comes from primarily outside the San Francisco Bay Area, companies such as Greenwood, S.C.-based Velux America Inc., which has a solar hot water division, and Fontana, Calif.-based..
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EveryoneSolar seeks investors to grow in solar hot water market
From Hong Kong to Santa Clara, TiE connects entrepreneurs
May 19, 2012
The world can be ridiculously small. When I was in Hong Kong a few weeks ago on vacation, I ran into Iain Reed, a veteran in financial research and an entrepreneur whose company creates financial data management software. Over dinner with a few friends, he mentioned he was starting Southeast Asia’s TiE chapter and would be at the global TiE conference, May 18-19 in Santa Clara. Fast forward a few weeks, and I met up with him at the opening night reception with some of his other charter members….
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From Hong Kong to Santa Clara, TiE connects entrepreneurs
Facebook shares fall flat on IPO debut
May 18, 2012
Facebook Inc. barely moved the needle on its first day of trading, ending up essentially flat near its IPO price of $38 a share. The stock jumped 12 percent in the opening minutes of trading on Friday before slipping back from $43 to close to the $38 price IPO investors paid on Thursday. The Wall Street Journal cited an unnamed source who said that the underwriters on the deal stepped in to prevent it from dropping below the $38 a share price that was set for initial investors on Thursday. Facebook’s…
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Facebook shares fall flat on IPO debut
