News tagged with stock

WhatsApp founders own nearly $9B in Facebook stock

WhatsApp founders Jan Koum and Brian Acton received 116 million shares of Facebook stock currently worth nearly $9 billion when they sold their unprofitable messaging service to the social networking leader earlier this month.

Oct 30, 2014
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Are there enough fish to go around?

Scientists from the University of York have released a report highlighting the gap between declining wild fish supplies and healthy eating advice recommending more seafood.

Oct 14, 2014
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In HP split, each unit to face a test

If you cut one slow-moving mega-company in half, do you get two fast-moving innovators? Not even Meg Whitman, chief executive of Hewlett-Packard Co., is promising that. Whitman announced Monday that the computer industry giant will cleave itself in two: one company fo ...

Oct 10, 2014
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Facebook closes WhatsApp purchase now worth $21.8B

Facebook has completed its acquisition of the mobile messaging service WhatsApp for almost $22 billion, up from the original $19 billion when the cash-and-stock deal was struck early this year thanks in part ...

Oct 06, 2014
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Alibaba makes Wall Street debut

Alibaba made its long-awaited Wall Street debut Friday on the heels of a record stock offering that opens the door to global expansion for the Chinese online retail giant.

Sep 19, 2014
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Alibaba post-IPO structure gives insiders control

Control over Alibaba Group will stay in the hands of founder Jack Ma and other company veterans after the Chinese e-commerce giant goes public on the New York Stock Exchange in a record busting share sale.

Sep 17, 2014
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