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Top Ten Billionaires Have Lost Nearly $150 Billion In 2022: Who Lost The Most And The Single Gainer
Sunday, January 30, 2022 - 6:26pm | 644An index that tracks how much the richest people in the world are worth paints a grim picture of how the beginning of 2022 has fared for the most wealthy. What Happened: The Bloomberg Billionaires Index tracks the net worth of the richest people in the world. Their wealth is determined by the value...
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Warren Buffett Moves Up The Top 10 Billionaires List As Berkshire Hathaway Hits All-Time Highs
Saturday, January 8, 2022 - 6:25pm | 535Last year saw Tesla Inc (NASDAQ: TSLA) CEO Elon Musk climb up the Bloomberg Billionaires Index with the rising valuations for Tesla and SpaceX. Early into 2022, only one name in the top 10 has a positive gain in valuation. What Happened: Legendary investor and Berkshire Hathaway Inc (NYSE: BRK...
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If You Invested $1,000 In Microsoft When Satya Nadella Became CEO, Here's How Much You'd Have Now
Friday, June 18, 2021 - 3:07pm | 435As only the third CEO in the history of Microsoft Corporation (NASDAQ: MSFT), Satya Nadella had big shoes to fill when he was officially announced as the head of the company on Feb. 4, 2014. Over the last six-plus years, Nadella has helped continue the growth for Microsoft, making it one of...
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Former Microsoft CEO, Detroit Native Steve Ballmer Makes Major Motown Museum Donation
Tuesday, August 18, 2020 - 2:58pm | 268Former Microsoft (NASDAQ: MSFT) CEO and Detroit native Steve Ballmer is donating $3 million to Detroit's Motown Museum through his nonprofit Ballmer Group. Ballmer Group is an organization with the goal of improving economic mobility for American families who are likely to stay in poverty...
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Microsoft's Interest In Buying TikTok Is A 'Deal Of A Decade Opportunity'
Monday, August 3, 2020 - 1:00pm | 438Microsoft Corporation (NASDAQ: MSFT) is in talks to acquire TikTok's operations outside of China. Microsoft Can Get A Good Deal: TikTok's Chinese parent company ByteDance is "looking down a dark black hole" as U.S. President Donald Trump could ban the TikTok app amid national...
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7 Media And Entertainment Stocks To Buy, Sell And Hold
Friday, April 3, 2020 - 2:30pm | 1166The coronavirus (COVID-19) outbreak has dragged down stock prices across the board, and media and entertainment stocks are no exception. While some media and entertainment businesses have ground to a complete halt due to the economic shutdown, others are thriving from a surge in at-home business....
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Ballmer Reportedly Close To Buying The Forum From MSG, Removing Barrier To New Clippers Arena
Monday, March 2, 2020 - 12:33pm | 493If you can't beat 'em, buy 'em out. Steve Ballmer, owner of the NBA's Los Angeles Clippers, is close to a deal to buy The Forum from Madison Square Garden Co (NYSE: MSG), according to an ESPN report. The purchase would eliminate one of the main obstacles to Ballmer's effort to...
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Houston Rockets' $2.2 Billion Sale Boosts MSG's Stock
Tuesday, September 5, 2017 - 12:45pm | 397Tilman Fertitta, the billionaire entrepreneur and owner of Landry's, is now the owner of an NBA franchise. Fertitta reached an agreement with Houston Rockets' owner Leslie Alexander to acquire the franchise for $2.2 billion, the Houston Chronicle reported. The transaction represents the...
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Steve Ballmer's Rare Pledge: Privately Financing The Clippers New Arena
Tuesday, June 20, 2017 - 9:09am | 830No need to be worried Los Angeles residents, Clippers owner and former CEO of Microsoft Corporation (NASDAQ: MSFT), Steve Ballmer, is taking care of the bill for the Clippers new arena. "We are expanding that investment by entering into an agreement to explore an opportunity to build a new...
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Steve Ballmer Wants A 10-K For Government, Here's The Closest Thing We Already Have
Tuesday, April 18, 2017 - 2:40pm | 605Once a year, even the largest, most complicated global conglomerates must break down their convoluted accounting practices and disclose to investors all the gory details of the company’s financial activities. This annual disclosure comes in the form of a 10-K filing. Former Microsoft...
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Ballmer Advises Dorsey To Ignore Stock Price, Sees Facebook Pressuring Snap
Tuesday, April 18, 2017 - 10:47am | 551Former Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer looks at Facebook Inc (NASDAQ: FB) with a bit of nostalgia. “Facebook has become a complete juggernaut,” Ballmer said Tuesday on CNBC. “And I get being a juggernaut, because Microsoft is a juggernaut.” And...
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Steve Ballmer's New Project Shows Where Government Money Comes From - And Where It Goes
Tuesday, April 18, 2017 - 9:33am | 441Steve Ballmer, the former Microsoft Corporation (NASDAQ: MSFT) CEO once told his wife that it is the job of the government to "take care of the poor, the sick, the old." According to a New York Times report from Andrew Ross Sorkin, Ballmer's wife disagreed with her husband which...
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Steve Ballmer's Quick Advice To Dorsey: Quit Square
Thursday, February 9, 2017 - 11:07am | 304Steve Ballmer, former CEO of Microsoft Corporation (NASDAQ: MSFT), offered some advice to Twitter Inc (NYSE: TWTR) CEO Jack Dorsey. Ballmer is a major Twitter shareholder and bought an approximate 4 percent stake in the company back in 2015, although his purchase did cause a great deal of confusion...
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Another Day, Another Rumor: Where Will Twitter Be In 6 Months?
Wednesday, August 3, 2016 - 2:25pm | 338Twitter Inc (NYSE: TWTR) shares are surging on Wednesday on another wave of rumors that the company could soon be acquired by a buyer. The latest rumor suggests former Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer could be teaming up with Saudi Prince Al-waleed Bin-Talal to buy Twitter...
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Remember When Yahoo Turned Down $1 Million To Buy Google?
Monday, July 25, 2016 - 9:28am | 497Yahoo! Inc. (NASDAQ: YHOO) confirmed on Monday it reached an agreement to sell its Internet properties to Verizon Communications Inc. (NYSE: VZ) for $4.83 billion. Taking a look back at Yahoo's M&A opportunities, the going price for Yahoo's assets today could have been in the hundreds of...