Nokia announced on Wednesday that it has officially sold its 1.5 billionth S40-powered cell phone since the first S40 device — the Nokia 7110 — was released in 1999. A 21-year old Brazilian woman >>
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Facebook’s possible Q1 2012 IPO could be worth more than $100 billion
According to CNBC, Facebook may go public during the first quarter of next year, and sources expect the company could be valued at more than $100 billion. Facebook could find an IPO more >>
Amid SEC inquiry, Facebook gets $50 billion valuation after $500 million private investment
Social networking giant Facebook may be looking to conquer another market, Wall Street. After news spread of a $500 million investment — $450 million from Goldman Sachs and $50 million from Russia’s Sky >>
Steve Ballmer cashes in 49 million Microsoft shares
Microsoft has issued a statement describing Steve Ballmer’s plans to sell up to 75 million shares in order “to gain financial diversification and to assist in tax planning”. A sale this large is >>
Intel to buy McAfee in $7.7 billion deal
Today, Intel announced that it would purchase antivirus maker McAfee for $7.68 billion in cash. The deal will see McAfee shareholders paid out at $48 per share, a 60% premium on the stocks >>
Apple iTunes hits another milestone, 10 billion songs served!
We jumped the gun on this one the other day, but it’s finally official, so break out the noise makers, throw up the confetti, and let the parties begin. Apple iTunes has reached >>
