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Tag: Microsoft

The Richest Men in Sports

The Richest Men in Sports

Los Angeles Clippers owner Steve Ballmer features prominently as the 18th richest on the newest Forbes 400 list of the wealthiest Americans, but he isn’t the only sports figure on the big list. This year’s Forbes 400 list numbers many

Report: Income Gap in Silicon Valley Widens

Report: Income Gap in Silicon Valley Widens

As high-tech billionaires push for more guest-worker visas, the income gap between the elite and the rest of Silicon Valley is widening.  According to The Wall Street Journal, an “analysis of U.S. census data” by the “non-profit think tank Joint

Silicon Valley Getting Attitude Adjustment over Privacy Concerns

Silicon Valley Getting Attitude Adjustment over Privacy Concerns

The Silicon Valley tech giants that have been engaging in widespread internet surveillance of their customers’ shopping preferences, general attitudes, and deepest life-style secrets have failed to appreciate the mounting global concern over their record on online privacy and security. Yet

IPO Market Partying Like It's 1999 All Over Again

IPO Market Partying Like It's 1999 All Over Again

With Chinese Internet behemoth Alibaba being preliminarily valued at $165 billion as it prepares for its initial public offering (IPO), it seems that investors are playing the same type of dangerous game they played in 1999.   At the time, “I

Ballmer In, Sterling Out: Clippers Sale Goes Through

Ballmer In, Sterling Out: Clippers Sale Goes Through

LOS ANGELES (AP) — Steve Ballmer officially became the new owner of the Los Angeles Clippers on Tuesday. The team said the record $2 billion sale closed after a California court confirmed the authority of Shelly Sterling, on behalf of

Chinese Government Stops Buying Apple Products

Chinese Government Stops Buying Apple Products

BEIJING, Aug. 7 (UPI) — Apple Inc. products were removed from a list of Chinese government procurement lists, as accusations between China and the United States over cyber-espionage continue. Despite Apple’s sales growth throughout Asia, ten products of the California-based