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Bill Gates repeats at top of Forbes' list of billionaires

World's richest man got richer with $79. billion in 2015.

Senh: Bill Gates is retired, but he's still on the list. Good to see Michael Jordan finally making it on the list. What a great move for him to buy the Charlotte Hornets. Because of the impending TV deal, every basketball team is worth a lot more than previous years.

 

Microsoft may buy Barnes & Noble's Nook unit for $1 billion

Nook - LA Times

According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture.

 

US medicine spending shows rare dip

Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics.

 

US casino revenue up nearly 5 percent in 2012

Casino - WC

Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011.

 

YouTube Claims Victory Over TV - Battle Won With One Billion Visitors Per Month

With more than one billion unique visitors every month, YouTube asserted last night that the battle between television and the online video giant is over. YouTube claimed victory with six billion views per month. According to the Wall Street Journal, which cited Mark Mahaney's estimates, a stock analyst at RBC Capital Markets,  that YouTube generated about $4 billion in revenue in 2012, up from $2.5 billion in 2011.

 

Apple Raises $17 Billion in Record Debt Sale

Apple - NY Times

Why would a company with $145 billion in cash even bother to issue debt? The answer has a lot to do with the frenzied state of the bond markets.

 

Bayer to pay $1.1B for California firm Conceptus

Germany drug company Bayer AG says it intends to buy California-based Conceptus to expand its birth control offerings. Bayer said Monday it would launch a pupublicblic offer to pay $31.00 per share for all the stock in Conceptus, Inc. That means Bayer would pay $1.1 billion. Conceptus makes Essure, an irreversible birth control method in which metal and polyester coils are inserted to block a woman's fallopian tubes. The procedure can be done in 10 minutes a doctor's office.

 

Apple to dole out $100B to shareholders

Apple

Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years.

 

Google posts first-quarter revenue of $14 billion

Google Inc reported consolidated first quarter revenue, including its Motorola Mobility business, of $13.97 billion, up 31 percent from the year-ago period.

 

German parliament backs Cyprus bailout

Germany's lower house of parliament voted overwhelmingly on Thursday to grant Cyprus a 10 billion euro bailout that is designed to avert bankruptcy for the tiny Mediterranean island nation and keep it in the euro zone.

 

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