dealBook

According to a report from DealBook, Hedge Fund manager John Paulson has been sued by a prominent investor. Paulson became well-known for betting against the housing bubble before it collapsed in 2008--an event which made him billions. Yet, last year, one of his primary funds lost nearly 50% of...

That's the question everyone is asking. But will we ever get an answer? If this Dealbook report is accurate, Yahoo! (NASDAQ: YHOO) board members could be meeting this Thursday to discuss an offer from Alibaba Group and Softbank. The two entities are eager to gain at least a portion of Yahoo!'s...

More than 50 investors, entrepreneurs and corporate execs have signed the Giving Pledge. Steve Jobs isn't one of them. If you assumed that all billionaires were the same, you might be surprised to hear this. After all, the pledge was started by Bill Gates and Warren Buffett. Mark Zuckerberg, Steve...

Dealbook is reporting that Goldman Sachs (NYSE: GS) has invested $450 million in the social network site Facebook at a valuation of $50 billion. The report cites unnamed sources familiar with the transaction, and says that Russian investment firm Digital Sky Technologies, which has already plowed...

Hello and welcome to Zing Talk, where Benzinga brings you the biggest names and brightest minds from Silicon Valley to New York City. Direct Download Subscribe in iTunes Today our guest is Andrew Ross Sorkin, a journalist, and columnist for The New York Times as well as the founder and editor...

DealBook is posing the question this morning or whether Nokia’s (NYSE: NOK) recent announcement that it has hired ex-Microsoft (NASDAQ: MSFT) senior manager to become its next chief executive means that the two companies are looking to do a deal. “Their past acquisitions haven’t really paid off,”...

DOW JONES NEWSWIRES White House Budget Director Peter Orszag said Wednesday he expects Congress to increase taxes on carried-interest income, The New York Times reports on its DealBook blog. Hedge funds, venture capital firms and private equity firms earn profit through carried interest by selling...