Sean Parker, an early investor in Facebook Inc., said he’s bored by the social network. That’s partly why he introduced a new service today that allows users to chat by video and share files with friends and strangers. Betty Liu reports on today's "Movers & Shakers" on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Mark Zuckerberg remains one of the 30 richest people on Earth after shares of Facebook Inc., the world’s most popular social networking company, hovered near the initial public offering price in its trading debut.
Facebook Inc.’s initial public offering is poised to create some 850 new millionaires, spawning a new class of angel investors looking to help other startups build on the popularity of the biggest social network.
Billionaire Nicolas Berggruen wants to talk about economic and political governance at the World Economic Forum’s annual meeting in Davos, Switzerland, this week. If only the more than 2,500 business and political leaders attending would put down their BlackBerrys.
In the Facebook-inspired movie "The Social Network," Justin Timberlake-as- Sean Parker memorably defines a meaningful amount of money: “A million dollars isn’t cool. You know what’s cool? A billion dollars.”