More than 330 million new shares of Google Inc. landed in the U.S. equity market today, completing a two-year process through which Sergey Brin and Larry Page are cementing control of the world’s third-biggest company.
LinkedIn Corp. ’s success is inspiring Web companies to limit the amount of shares they sell in initial public offerings, fueling concern that scarcity will inflate stock values and contribute to another dot-com bubble.
EBay Inc. is willing to forgo a possible 26 percent stock pop by rejecting Carl Icahn’s proposal to split off PayPal, banking instead on the promise of longer- term rewards by keeping its online payment unit in-house.
Groupon Inc., the largest online- coupon site, may have to settle for a smaller initial public offering as management gaffes, restated results and regulatory scrutiny leave investors leery of owning the stock.
Apple Inc. , the computer maker turned mobile gadgeteer, overtook Microsoft Corp. to become the most valuable technology company on optimism the company will keep adding customers for its iPhone, Macintosh computer and iPad.