Stories from CNN Money
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Zynga's big IPO winners
CNN Money &bull Dec 15, 2011
Zynga this evening raised around $1 billion in its IPO, by pricing 100 million shares at $10 per share. That puts a whopping $7 billion valuation on the social gaming giant (of $8.9 billion, if you include unexercised options and… Full Story »
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The world needs more crazy billionaires
CNN Money &bull Dec 15, 2011
Paul Allen, Elon Musk, Peter Thiel....they're all dropping bushels of cash on things they think are cool that won't likely ever make money. Good for them. Full Story »
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Topics:
- Paul Allen
- Elon Musk
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Meet the Internet's newest genius boy
CNN Money &bull Dec 13, 2011
I have hardly slept for nearly a week. I am tired and a little irritated and in need of a pick-me-up. An espresso shot isn't enough. What I need is a conversation that would sharpen my senses dulled by repetitiveness… Full Story »
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Can Wall Street thrive again?
CNN Money &bull Dec 9, 2011
The financial industry is besieged by protestors. It's also facing a slow-growth world and a wave of new regulation. In order to flourish again, the big firms must first change in painful ways. FORTUNE -- The brighter side of financial cataclysm wasn't easy to see in late 2008 -- the crisis was at its most acute, and no one knew if Armageddon lay ahead -- but Barney Frank was upbeat. He told a consumer lobbying group, "Next year will be, I believe, the best year for public policy since the New Deal." Frank was wrong only on the timing: It… Full Story »
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'Black in America' startups: Where are they now?
CNN Money &bull Nov 18, 2011
NEW YORK (CNNMoney) -- Silicon Valley's startup scene is mostly young, male and white. In response, the NewMe Accelerator brought eight black tech entrepreneurs together for a two-month immersion program in San Francisco. CNN chronicled their experience in "The New Promised Land -- Silicon Valley," a Black in America special, which premiered November 13 and is re-airing November 19 at 8 p.m. EST. In October, NewMe… Full Story »
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Topics:
- Angel investor
- Mitchell Kapor
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Warren Buffett: Businessperson of the Year
CNN Money &bull Nov 17, 2011
Amazon's (AMZN) Jeff Bezos and Berkshire Hathaway's (BRKA) Warren Buffett were the last two leaders standing after a little over two days of voting for Fortune's Businessperson of the Year's reader's choice award, a March Madness-style online contest in which Fortune's staff foisted some of the burden of choosing 2011's best in business on all of you, our… Full Story »
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Topics:
- Jeff Bezos
- Larry Page
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Google is boring. That's a problem? - The Buzz
CNN Money &bull Oct 12, 2011
Google (GOOG, Fortune 500) isn't irritating its core customers with an enormous price hike and New Coke-esque branding debacle like Netflix (NFLX). It isn't firing CEOs and searching for its identity like Yahoo (YHOO, Fortune 500). Or Hewlett-Packard (HPQ, Fortune 500). It isn't stubbornly clinging to a product that's rapidly losing market share like Research in Motion (RIMM). If you want to be critical of Google, you could say that Google circa 2011 isn't posting the boffo type earnings and sales growth numbers that… Full Story »
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Topics:
- Eric Schmidt
- Larry Page
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The business of cooling the planet
CNN Money &bull Oct 6, 2011
FORTUNE -- One of the cool things about being Bill Gates is that if you are curious about something, you can find smart people who will teach you whatever it is that you want to know. About five years ago Gates decided that he wanted to learn about climate change, so he arranged for two of the world's leading climate scientists, David Keith of the University of Calgary in Alberta, Canada, and Ken Caldeira of the Carnegie Institution, to organize a series of seminars. Since then, Keith and Caldeira have recruited scientists, energy experts, economists, and policy wonks to deliver… Full Story »
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It's the end of the Wall Street IPO as we know it
CNN Money &bull Oct 5, 2011
LinkedIn's shares more than doubled in its May IPO. Shares are still trading well above its IPO price, but have struggled along with the broader stock market. NEW YORK (CNNMoney) -- Stephan Paternot, founder and general partner of the Actarus Funds, was co-founder and co-CEO of theglobe.com. He authored "A Very Public Offering," which chronicled his experience creating the Internet's first social networking site. Ongoing instability and uncertainty in the stock market has delayed nearly 200 public offerings so far this year, including several high-profile IPOs by tech companies like Zynga and Groupon. However, for those handful… Full Story »
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Where is the female Mark Zuckerberg?
CNN Money &bull Oct 5, 2011
FORTUNE -- Where is the female Mark Zuckerberg? I've heard this question a lot. Typically, a fair amount of hand-wringing comes with trying to answer it. There's a reason that the question is hard to answer. It's the wrong question. As it turns out, there are very few male Mark Zuckerbergs. Starting consumer Internet… Full Story »











