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08-24-13
Microsoft CEO Steve Ballmer announced Friday that he will retire within the next 12 months. Shares of Microsoft (MSFT, Fortune 500) soared nearly 7% on the news.

08-24-13
Mark Zuckerberg's dream to give nearly 5 billion people Internet access is well intentioned, but it's not going to happen anytime soon.

08-12-13
Sheryl Sandberg is leaning into a big new pile of money now that Wall Street's finally giving Facebook some love.

08-10-13
Yahoo spent about a billion dollars on Tumblr, CEO Marissa Mayer's biggest acquisition to date. As it turns out, 75% of that cost was for the social blogging site's cachet with the young techy set.

07-24-13
Lebanese and Arab bankers are positive that Cyprus will not tap into deposits remaining in the troubled Mediterranean island. But key steps, reforms and more time are needed before trust is fully regained, according to experts.

07-12-13
Microsoft has once again reorganized its management structure, marking yet another strategy shift for a company that has a very mixed track record in restructuring its business operations.

05-29-13
Since Marissa Mayer took over as CEO of Yahoo last year, there's been a lot of talk about how the famously detail-oriented ex-Googler will "refocus" the company.

05-23-13
As debt-laden Dubai's economic recovery continues, with grandiose projects making a comeback, the emirate faces some near-term maturity of debt racked up during pre-crisis years but the prospects are not gloomy, analysts say.

05-22-13
Tumblr, the company that Karp founded in 2007 when he was 20, was bought by Yahoo (YHOO, Fortune 500) on Monday. It's not clear how much Karp, now 26, stands to make from the deal. But selling the company for $1.1 billion isn't bad for a high school dropout who was then homeschooled.

05-17-13
Facebook CEO Mark Zuckerberg just had a birthday on May 14. He's now 29. If that seems insanely young for a billionaire, remember that he co-founded Facebook when he was a teenager.

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