In a sign of its growing influence on Wall Street and the world stage, Facebook has raised $500 million from investment bank Goldman Sachs and Russian Internet investment firm Digital Sky Technologies in a deal that values the company at $50 billion and could propel the popular social-networking site to an initial public offering, analysts say.

BING NEWS:
  • An activist investor with a new $1.9 billion stake in Southwest is calling for big changes at the airline
    "Poor execution and leadership's stubborn unwillingness to evolve the Company's strategy have led to deeply disappointing results for shareholders, employees and customers alike," the activist ...
    06/10/2024 - 7:20 am | View Link
  • New Opponent to Musk's $56 Billion Pay Deal Emerges as Tesla Fights Back
    The Associated Pressreproted that this is the latest pushback over the size of the pay package, which was recently valued by the company at $ ... 98 percent stake in Tesla worth $7.72 billion, voted ...
    06/9/2024 - 1:01 pm | View Link
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