Business

Starbucks is in for some aggressive expansion. They have taken over the bakery La Boulange. Starbucks Corp. struck the deal with a $100 million in cash. Starbucks has been looking to enter into the the fast-food segment of the restaurant industry and taking over La Boulange bakery might just seem the start of it. Starbucks is planning of replacing it’s ... Read More »

Till last week it was only the European economy that was in crisis, with new statistics coming in, it is now confirmed that the U.S. and the Asian Economy are also falling fast, as a matter of fact too fast for comfort. It has been the same since the 2008 recession, through it might seem like the economy recovered after ... Read More »

Looks like there is no end to this. Facebook stocks continue to hit new lows everyday. We guess it could be because investors still can’t find the magic number for which Facebook is worth paying. Shares of Facebook dropped and closed on a new low on Wednesday. It dropped nearly 2.3 percent than the previous day and closed at $28.19. ... Read More »

Facebook CEO Mark Zuckerberg will not be a happy man, he has dropped off the top 40 billionaires in the world. What happened? Facebook IPO happened. Facebook has been in constant criticism and controversy since it went public on May 18. All this has been affecting it’s performance in the index with the stock closing the lowest on Tuesday at ... Read More »

Facebook is now looking to acquire Opera, the makers of Opera browser for desktop and Opera Mini browser for mobile phones. Facebook has been in acquire-frenzy before going public and it still seems to be in the same mood. Facebook believes that by taking over Opera it might be able to create a customized and dedicated browser just for Facebook ... Read More »

Nasdaq has been sued by an investor who believes that the exchange was ignorant in handling the Facebook stock and allowed the shares to be inflated which ultimately resulted in huge losses for the investors. Phillip Goldberg, a Maryland resident, is seeking class-action status on behalf of all investors who lost money because Nasdaq delayed or otherwise mishandled their buy, ... Read More »

The Facebook IPO was the biggest news for the past 5 months, with all the preparations, the hype and the valuations. Everything seems to have died out on the day Facebook stocks hit the trading floor. It just wasn’t enough. People really were not interested in buying Facebook stocks. What went wrong? After the passing clouds of MySpace, Friendster, etc., ... Read More »