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Another large investor has lashed out against the proposed leveraged buyout of Dell Inc., saying the deal led by founder Michael Dell undervalues the computer maker. “We believe the proposed buyout does not reflect the value of Dell and we do...
Opinion L.A.Facebook filed papers for an IPO on Wednesday. Not everyone is celebrating, though. In anticipation of the news, critics began questioning Facebook's direction as a company, raising the following questions. Are IPOs really good for businesses? The IPO has...
Money & CompanyTIAA-CREF, an investment firm specializing in the education industry, will be the new manager of California's 529 college-savings plan. The state board that oversees the 529 plan voted to hire the firm in a meeting Monday. It was selected over......
L.A. Times Tech BlogT. Rowe Price invested $190.5 million in social-networking phenom Facebook during the first quarter, according to filings made public on financial firm's website. T. Rowe Price made the investment through 19 mutual funds at $25 a share. The figure made...
L.A. Times Tech BlogThe National Basketball Association is heading into the 2011 playoffs on the heels of what the league says is one of its most successful seasons on TV and the Internet, so far. And through online video, smartphone and tablet apps, and social media gaming,...
L.A. Times Tech BlogThe Winklevoss twins aren't giving up their Facebook fight just yet. On Monday, Cameron and Tyler Winklevoss filed a petition with the U.S. 9th Circuit Court of Appeals to overturn a court ruling from last week that said the two men can't get out of their...
L.A. Times Tech BlogFacebook rolled out a few new security tools on Tuesday that aim to improve how users to report bullying, fake profiles and offensive content, along with the announcement of a teachers' guide to the social network. The world's most popular social media...
L.A. Times Tech BlogA Boston software developer has been awarded a day in court to make his case for a cut of the Winklevoss twins' $65 million settlement with Facebook, according to a report. Developer Wayne Chang has argued in a lawsuit that he and his former company,...
There’s no denying it — higher education doesn’t come cheap. So, how do you pay for big-ticket schooling? Designated college savings plans, some with tax advantages, help immensely if you start saving early and keep contributing until...
Money & CompanyThe municipal bond market may be trying to stabilize after the beating it has taken over the last three months. Share prices of some popular muni mutual funds were little changed Tuesday after last weekâs slide, suggesting that the pressure......
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