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Holy SMOKE! Pinterest Is The Fastest Growing Site Ever

www.businessinsider.com
Social image-sharing site Pinterest, which is the toast of Silicon Valley and the VC world, has passed 10 million users after only 9 months. TechCrunch reports that it got exclusive stats from ComScore showing that Pinterest had 11.7 million unique monthly visitors in January 2011. That's up from only...
Holy SMOKE! Pinterest Is The Fastest Growing Site Ever

Amazon nabs 22% market share and usurps HMV as the UK’s top entertainment retailer

thenextweb.com
A new report indicates that Amazon is now the UK’s top entertainment retailer, overtaking HMV in the past twelve months in terms of sales covering music, movies, games and such like. According to Retail Gazette, research company Kantar Worldpanel has launched its ‘entertainment retail barometer’, and reveals that Amazon had...
Amazon nabs 22% market share and usurps HMV as the UK’s top entertainment retailer

The Best And Worst Things About Being A Billionaire: A Q&A With Mark Cuban

www.businessinsider.com
At our IGNITION conference last fall, Mark Cuban summed up his life in one quip: "Someone has to be the world's luckiest person!" Cuban certainly could be the world's "luckiest man," but that would discount his incredible savvy as a businessman and investor.  Cuban made his fortune when he...
The Best And Worst Things About Being A Billionaire: A Q&A With Mark Cuban

The Teaser Image For Tesla's Model X SUV Contains A Hidden Message

www.businessinsider.com
Tesla CEO Elon Musk has just released this concept sketch of the brand new Model X SUV on his Twitter. Though the image is very dark, we see a front end that is very reminiscent of the Model S sedan that is currently in progress. It also appears that...
The Teaser Image For Tesla's Model X SUV Contains A Hidden Message

An Australian billionaire is to build the Titanic II, an exact replica, in China. Seriously.

thenextweb.com
An Australian billionaire wants the legend of the Titanic to live on, so instead of raising it, he intends to build an exact replica of the ill-fated cruise-liner and will call it the Titanic II — setting sail in just over four years time. You honestly couldn’t make it up....
An Australian billionaire is to build the Titanic II, an exact replica, in China. Seriously.

DealBook: Peter Thiel Opens a New Venture Capital Firm

dealbook.nytimes.com
The billionaire investor, best known for his contrarian views and his early bet on Facebook, opened Mithril Capital Management with a $402 million fund....
DealBook: Peter Thiel Opens a New Venture Capital Firm

Facebook's Next Advertising Move is Mobile

www.readwriteweb.com
Mark Zuckerberg says he has always been reluctant to make Facebook all about the ads and less about the user experience. This is surprising, however, coming from a freshly minted billionaire who owns more than 25% of his own company and holds more than 50% of the voting power. "Mark...
Facebook's Next Advertising Move is Mobile

Oracle CEO to Buy Hawaiian Island

online.wsj.com
Larry Ellison, the billionaire CEO of Oracle, has struck a deal to buy the bulk of the Hawaiian island of Lanai....
Oracle CEO to Buy Hawaiian Island
Backed By Mark Cuban, WhiteyBoard Launches v2 Of Its Paint That Turns Walls Into Whiteboards

Forgotten Apple founder takes to Facebook to explain his decision to quit after 12 days

thenextweb.com
The story of Ron Wayne, the third but oft-forgotten co-founder of Apple Computer (along with Steve Jobs and Steve Wozniak), is well known in our circles. See our recent interview with the man for more context, but basically Wayne got a 10 percent stake in Apple upon the formation...
Forgotten Apple founder takes to Facebook to explain his decision to quit after 12 days

All That Cash: On Apple, Twitter And The New Bit Factories

techcrunch.com
Editor’s Note: This guest post was written by Amit Runchal, who blogs at Interactioned. The speculation of what Apple is going to do with all their cash has long been a favorite topic in the tech and financial press. But the thinking along those lines is often akin to the...
All That Cash: On Apple, Twitter And The New Bit Factories

Peter Thiel: Death Is A Problem That Can Be Solved

www.businessinsider.com
Venture capitalist and billionaire Peter Thiel is financing medical research that would possibly extend the human lifespan to 150 years or more. "There are all these people who say that death is natural, it's just part of life, and I think that nothing can be further from the truth,"...
Peter Thiel: Death Is A Problem That Can Be Solved

EXCLUSIVE: Here's The Email Zuckerberg Sent To Cut His Cofounder Out Of Facebook

www.businessinsider.com
Billionaire Facebook cofounder Eduardo Saverin – the guy everyone now hates because he's renouncing his US citizenship in order to avoid a lot of taxes – hasn't worked at Facebook since 2005. That's when CEO Mark Zuckerberg diluted his stake and then booted him from the company. Saverin's exit from...
EXCLUSIVE: Here's The Email Zuckerberg Sent To Cut His Cofounder Out Of Facebook

Carlos Slim Eyes Bigger KPN Slice

online.wsj.com
Mexican telecommunications heavyweight America Movil—owned by billionaire Carlos Slim—wants to raise its stake in Dutch telecommunications operator KPN to 28% in a €2.64 billion deal, as it sets its sights on international expansion....
Carlos Slim Eyes Bigger KPN Slice

EXCLUSIVE: How Mark Zuckerberg Booted His Co-Founder Out Of The Company

www.businessinsider.com
Ahead of Facebook's $15 billion IPO later this week, Billionaire Facebook cofounder Eduardo Saverin has renounced his US citizenship in order to avoid a boatload of taxes. One reason this is possible: Saverin no longer works at Facebook. He hasn't since 2005, when CEO Mark Zuckerberg diluted Saverin's stake...
EXCLUSIVE: How Mark Zuckerberg Booted His Co-Founder Out Of The Company

Wibbitz turns text into videos, investor pitches into $2.3 million in funding

thenextweb.com
Wibbitz, an Israeli startup that develops technology that automatically turns text into videos, has raised $2.3 million in funding from Hong Kong-based Horizons Ventures – the investment vehicle of billionaire business magnate Li Ka-shing – and prior backers Initial Capital and lool Ventures. Basically, Wibbitz lets website owners or publishers...
Wibbitz turns text into videos, investor pitches into $2.3 million in funding

Check out The Next Web’s Hermione Way on ‘Silicon Valley’, Bravo’s new reality TV show

thenextweb.com
The news is out, today the world has heard about a new reality TV show being made for US TV network Bravo about Silicon Valley, starring a cast of seven Valley movers and shakers including an executive producer role by Randi Zuckerberg, the sister of Facebook founder Mark. The really...
Check out The Next Web’s Hermione Way on ‘Silicon Valley’, Bravo’s new reality TV show

Facebook’s 99%: Later employees may pay almost double the tax rate that early employees will

www.insidefacebook.com
Even Facebook isn’t immune to the “Warren Buffett” problem. The widely-respected billionaire investor has famously said that he pays a lower rate on his taxable income than his secretary. The picture may not look that different at Facebook, once all the taxes are accounted for in the company’s widely-anticipated initial...
Facebook’s 99%: Later employees may pay almost double the tax rate that early employees will

Facebook co-founder Saverin: Renouncing US citizenship “nothing to do with taxes”

thenextweb.com
Facebook co-founder Eduardo Saverin is often reluctant to grant media interviews, but the Singapore-based billionaire has come out to flatly deny speculation that the renouncement of his US citizenship was motivated by the prospect of saving millions of dollars by avoiding American taxes. In an interview with the New York Times, Saverin...
Facebook co-founder Saverin: Renouncing US citizenship “nothing to do with taxes”

Billionaire Mark Cuban increases stake in social games maker Mention Mobile

thenextweb.com
Entrepreneur, investor and Dallas Mavericks owner Mark Cuban has invested in social gaming company Mention Mobile a second time, after backing the startup with an initial $250,000 about six months ago. The billionaire’s minority equity stake in the Los Angeles-based company, which was founded in 2010, will thus increase. Mention...
Billionaire Mark Cuban increases stake in social games maker Mention Mobile

10 Things You Need To Know This Morning (AAPL, FB, GOOG)

www.businessinsider.com
Good morning! Here's the news: Apple's big developers conference kicks off today at 10 AM on the West Coast. Here are all the big product releases we're expecting Apple to announce. Excitement is clearly running high for Apple's big event. The line to get into WWDC started forming almost a...
10 Things You Need To Know This Morning (AAPL, FB, GOOG)

The Chess Concepts Peter Thiel Used To Become A Billionaire

www.businessinsider.com
Through notes from Peter Thiel's CS183: Startup class at Stanford University, we have a unique window into the mind of the venture capitalist and hedge fund manager. He's fascinated with human nature, and integrates what he learned from his former career as a chess master into his lectures.  Chess is...
The Chess Concepts Peter Thiel Used To Become A Billionaire
Facebook’s Saverin on giving up citizenship: “This had nothing to do with taxes”

Consolidation in the ‘green shopping’ space as JP Selects buys rival LovingEco for $1m

thenextweb.com
JP Selects, an online shopping portal for eco-conscious consumers operated by applications and services company ROK Global, has acquired competitor LovingEco in a move that marks consolidation in the space. The deal was small: the ROK Global unit paid only $1 million for the business and LovingEco will be merged...
Consolidation in the ‘green shopping’ space as JP Selects buys rival LovingEco for $1m

Here's What We Learned When Elon Musk Appeared On 60 Minutes

www.businessinsider.com
Elon Musk of SpaceX and Tesla appeared on 60 Minutes to discuss the privatization of the space race. Here's what we learned about the multi-billionaire founder and his passion for technology. When he sold PayPal to eBay, he made a trip to Russia to investigate purchasing an ICBM to...
Here's What We Learned When Elon Musk Appeared On 60 Minutes
Mark Cuban puts $500,000 into immersive video startup, ConditionOne

Facebook Billionaire Peter Thiel Raises New Venture Fund To Invest In His "Utopia"

www.businessinsider.com
Peter Thiel raised a $32 million fund to invest in startups in... New Zealand, reports the WSJ.  The reports say he "set up" or "opened a fund", but this is not technically true. As we reported more than a year ago, Thiel has been actively investing in New Zealand...
Facebook Billionaire Peter Thiel Raises New Venture Fund To Invest In His "Utopia"

Print is not magical - online papers can exercise a watchdog role

www.guardian.co.uk
The decision to turn one of America's most famous daily newspapers, the New Orleans Times-Picayune, into a three-times-a-week publication has stimulated a fascinating debate: Does a paper sacrifice its watchdog role and/or its political clout if it moves online? Plenty of critics believe it does. They include Warren Buffett, the...
Print is not magical - online papers can exercise a watchdog role

Mark Cuban flings funding at Flingo

news.cnet.com
The billionaire entrepreneur gets behind the maker of smart-TV technology that mixes social networking with television content. [Read more]...
Mark Cuban flings funding at Flingo

Mark Zuckerberg Is Older Than Steve Jobs Was When Apple Went Public

www.businessinsider.com
The question of the moment is whether the 27-year old Mark Zuckerberg is old enough to run a major public company. My answer would be unequivocally "yes." As CEO of Facebook, Mark Zuckerberg essentially has two jobs: Set the vision for where the company's headed Hire and retain a great...
Mark Zuckerberg Is Older Than Steve Jobs Was When Apple Went Public
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