Apr 11

Apple sued by U.S. Department of Justice for e-book price fixing

DoJ-Apple

The United States Department of Justice has filed a lawsuit against Apple and several book publishers for fixing the price of e-books.  The lawsuit filed in New York district court sues publishers Hachette SA, HarperCollins, Macmillan, Penguin and Simon & … Continue reading

Apr 09

Facebook has agreed to acquire Instagram for $1 Billion

FacebookInstagram

Mark Zuckerberg announced on Facebook today that, “we’ve agreed to acquire Instagram and that their talented team will be joining Facebook.” Facebook will acquire Instagram for $1 billion in “a combination of cash and shares of Facebook.” Instagram CEO, Kevin … Continue reading

Feb 01

Facebook files for IPO, aims to raise $5 Billion

Facebook IPO

Facebook has officially filed for an initially public offering in order to raise $5 billion with a massive stock offering.  Many have been anticipating this IPO for a very long time for getting an opportunity to invest in the most … Continue reading