Inside The $19 Billion Facebook-WhatsApp Megadeal
Buying the world’s biggest and most reclusive messaging service took more than just money, but months of gaining its founders' trust and a promise of independence.
Parmy Olson, Forbes StaffBuying the world’s biggest and most reclusive messaging service took more than just money, but months of gaining its founders' trust and a promise of independence.
Parmy Olson, Forbes StaffWal-Mart heiress Christy Walton is the richest person in Wyoming, with a personal net worth ($36.7 billion) that is higher than her state’s GDP ($31.3 billion). Her brother-in-law Jim Walton is the wealthiest in Arkansas, with a net worth ($34.7 billion) more than one-third the size of his state’s GDP ($93.9 billion). read »
Shares in Geely Automobile, the China automaker controlled by billionaire Li Shufu, fell 3% in Hong Kong to a near 18-month low yesterday after the company said its shipments dropped 32% in February from a year earlier to 21,415 vehicles. read »
Shares in Want Want China, the beverage and Chinese snack maker led by Taiwan’s richest man Tsai Eng-Meng, climbed 4.6% at the Hong Kong Stock Exchange yesterday after the company said net profit last year rose by almost a quarter on growing sales, better prices for its products, and lower costs. read »
Warren Buffett overtook Spain's Amancio Ortega to become the world's third richest person again, as shares in Berkshire Hathaway have gained handsomely this year, while Inditex has fallen on emergin market woes. read »
We’re highlighting some of the top cash rebates, cut-rate financing and leasing incentives of the month for an engaging cross-section of cars, trucks and[...]
Automakers are opening up their wallets with cash and financing incentives and lease deals to help lure buyers back into dealers’ showrooms and help lift the business out of its winter doldrums. read »
Western Michigan University's new med school will be named for Ronda Stryker's grandfather, orthopedic surgeon and inventor. read »
A new documentary jailed Mexican drug lord Joaquín “El Chapo” Guzmán treats him as a Zorro-like hero who races through the countryside, answering the call of the common man. read »