Finance

News

Facebook Valued At Just Under $100 Billion

7:12AM February 4, 2012 | Brian Barrett

In a private market auction yesterday, Facebook was valued at $US94 billion, which is squarely in the ballpark of the $100 billion valuation that financial pundits have been tossing around. More »


Online

$100 Billion Facebook IPO Happening Next Week

6:23AM January 28, 2012 | Sam Biddle

The Wall Street Journal’s golden box of anonymous sources has rattled once more, this time with news that Facebook is finally going public. Now that’s cooler than a million dollars. More »


News

Apple’s Value Reaches $400 Billion

12:00AM January 21, 2012 | Jamie Condliffe

On Thursday, Apple’s value on the stock market reached an all-time high of $US400 billion. That figure makes it worth more than Greece, Austria, Argentina and South Africa. And, come to mention it, quite a lot of other things, too. More »


Online

World Famous Economist Paul Krugman Talks About Bitcoin

7:40AM September 8, 2011 | Adrian Covert

Nobel Prize-winnng economist and New York Times columnist Paul Krugman engages in a verbal smackdown on Bitcoin, pointing out that the cybercurrency has experienced “massive deflation” and is creating a community of Bitcoin hoarders. [NY Times]


Geek Out

Here’s All That Stands Between You And Stock Market Oblivion

3:21AM August 19, 2011 | Brian Barrett

The market’s down 400 points today, continuing this terrorific scream-ride we’ve been on. EVERYBODY PANIC. Right? Actually, here’s how — and when — the NYSE prevents one-stop-drop financial Armaggedon. More »


News

Apple Closes Above Exxon As World’s Most Valuable Company

11:00AM August 11, 2011 | Michael Zhao

At the close of trading today, Apple’s total market cap sits at an impressive $US337.17 billion versus Exxon Mobil’s $US330.77 billion. That being said your money is probably still safer in oil futures. [MacRumors]


News

What A Market Crash Means For Your Gadgets

1:35AM August 10, 2011 | Brian Barrett

Last week the stock market finally reached the apex of its clickety-clack roller coaster ascent. Now it’s begun the free-fall into financial oblivion. So what does that mean for you, gadget enthusiast? More »


News

Tech Stocks A Bright Spot On A Bad Day. Sort Of.

9:40AM August 9, 2011 | Mat Honan

Stocks took a huge hit today. The Dow Jones Industrial Average lost 5.5 per cent. The Dow Jones US Technology Index went a little further than that, sliding 5.8. But overall, the tech sector was, well, not completely horrifying. More »


News

Banks Are Planning To Cap Debit Card Purchases

4:00AM March 13, 2011 | Casey Chan

The WSJ is reporting that many banks are thinking about creating a limit on how much you can spend on your debit card. Specifically, JP Morgan Chase & Co is thinking about setting a $US100 maximum per transaction. More »


Software

iAppalooza Finance: iHome Loan Mortgage And Property Tools

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10:30AM October 15, 2010 | Nick Broughall

Pretty much everybody has a little bit of debt these days. Whether it be a $500,000 mortgage or a $7000 car loan, pretty much everyone has a regular payment coming out of their salary to pay for a big ticket item. If you want to minimise the interest and pay your stuff off sooner, an app like iHome will let you take a closer look at exactly what you’re paying. More »