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22 Oct 2011 17:55

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Tech: Google may swoop in to save Yahoo — for antitrust reasons

  • what Google is reportedly in talks to help with an acquisition of Yahoo, which is kind of looking like a rudderless ship these days after Carol Bartz’s departure. They have tens of billions of dollars in the bank; they can do this pretty easily.
  • why If Google were to help — it’s not a sure thing — it would effectively allow them to prop up a competitor in the market, which would help them fend off antitrust claims. Think Microsoft swooping in to help Apple back in 1997. source

30 Dec 2010 12:26

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Biz: Groupon founders cash in big time with latest financing round

  • $950M the size of Groupon’s current funding round, started this week
  • $500M of that funding has already been raised (impressive!)
  • $345M of that total is going to founders and existing shareholders  source

29 Dec 2010 01:14

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Biz: After spurning Google, Groupon plans massive financing round

  • $950
    million
    the amount in financing that the IPO-pondering Groupon wants
  • $7.8
    billion
    the value of the company based on that financing round source

14 Apr 2010 09:51

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Biz: Even for those on Obama’s foreclosure plan, it’s not really helping

  • 75% of people in Obama’s foreclosure-prevention plan owe more than their homes are worth
  • 50% of people owe more than
    25 percent in negative equity on
    their homes; crazy source

30 Dec 2009 20:52

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Biz: Who’s GMAC’s new owner? You are, American taxpayer.

  • $3.8
    billion
    the government’s added stake in the struggling GM-tied auto financing company
  • $16.3
    billion
    the government’s total stake in the company; that’s more than Chrysler, guys source