Tag: INVESTMENT

Facebook has yet to go public, and it's still unclear whether it even will. But that hasn't stopped some con artists from using the specter of a Facebook IPO to rip off gullible investors. The scams are popping up, in various forms, across YouTube and the blogosphere. But they all follow the same general formula: visitors are offered the chance to invest in Facebook and other social media ...

The Bill and Melinda Gates Foundation wants to encourage college freshmen to stay in school -- and it's counting on social networking to help. Today, the organization is expected to announce a $2 million investment in a company called Inigral, which sets up school-specific Facebook sites at colleges around the country. Unlike Facebook pages devoted to particular colleges or universities, ...

It's no secret that Goldman Sachs wants to cozy up with Facebook, but it looks like both parties will have to put wedding plans on hold, as the bank has suffered a major blow to its carefully laid investment plans. After investing $450 million in the social network earlier this month, Goldman reportedly turned its attention to raising an additional $1.5 billion from its top clients through an ...

Curtis Jackson, better known as 50 Cent, made himself a cool $8.7 million on Monday, thanks to his widely followed Twitter account. The rapper started plugging H&H Imports, of whose dirt-cheap stock Jackson owned 30 million shares. At the opening of Monday's trading day, H&H was valued at $0.10 a share, and, by the time the closing bell rang, the price had climbed to $0.39, or an increase ...

DealBook is reporting that Facebook has received $500 million from Goldman Sachs and another Russian firm, as part of a deal that valued the social network at $50 billion. That valuation places Mark Zuckerberg's company ahead of eBay, Yahoo and Time Warner, and may put some additional pressure on Zuck to finally take Facebook public. When he does, expect Goldman to be by his side. ...

Marijuana enthusiasts have never exactly been known for their lightning-quick speed, but as Californians prepare to vote on a measure that would legalize the drug, many have been rushing to the Internet to secure themselves marijuana-related domain names. The logic behind the rush is pretty straightforward: legalized weed constituting a brand new kind of marijuana industry. And a new marijuana ...

Well, it looks like Wall Street's finally cleaning up its game. Don't misunderstand; investment bankers will still find new and unctuous ways to make money in a thin economy. But, from now on, employees at one gilded corporation will be forced to use slightly less colorful language when sending celebratory e-mails about their year-end bonuses. According to the Wall Street Journal, bigwigs at ...