Related topics: facebook · google · initial public offering

Facebook sells $6.6 million in shares to fund

Facebook has sold about $6.6 million worth of its shares to the investment fund GSV Capital Corp. as the company is believed to be preparing for an initial public offering next year.

Report: H-P bolsters defenses, hires Goldman Sachs

(AP) -- Hewlett-Packard is beefing up its defenses in an effort to fend off activist investors who, with enough shares, could demand drastic changes at the company, according to a published report.

Yahoo! chief Mayer wants Bing to deliver

Google veteran turned Yahoo! chief Marissa Mayer wants Microsoft to deliver when it comes to wresting market share from the Internet company she was part of for more than a decade.

Facebook investors to cash out more shares

(AP) -- Insiders and early Facebook investors will be unloading more of their shares in the initial public offering, the company said Wednesday, as they take advantage of investor demand.

$138 million in funding for Gilt Groupe

Online private sales company Gilt Groupe said Monday that it has raised $138 million in new funding led by Japan's Softbank Group.

Chrysler nearing deal to refinance aid

(AP) -- Details are still being worked out, but Chrysler Group LLC on Thursday will make an announcement about a refinancing package that will repay its government loans, according to a person briefed on the matter.

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