Update: Google passes Microsoft in value for 1st time

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[Update, Monday morning: It's official: Google passed Microsoft's market value for the first time in its history this morning, although it's going back and forth as their share prices fluctuate during regular trading today. We've updated the chart above. Original post follows.] Google’s stock price has been rallying recently, and the search giant appears on… Read More…

How to pretend you’re a startup (Hint: call me when you offer stock options)

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It’s become depressingly trendy to be a startup. Even the United States Federal Government is out stumping the benefits of the startup economy. Just like being an investment banker in 2006, co-founding (or hell, just working at) the next Instagram is bound to get you bottle service and phone numbers. Ashton Kutcher is still cool… Read More…

Why Nasdaq is giving Apple less weight, and Microsoft more

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Nasdaq this morning sent a wave through the stock market with the announcement that that it will “rebalance” its closely followed and largely tech-oriented Nasdaq 100 Index to reduce the influence of Apple and boost the impact of Microsoft, Oracle, Google Cisco and other tech giants. The news is a big deal in part because… Read More…

Microsoft’s IPO, 25 years ago, and what happened after that

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It was 25 years ago today — March 13, 1986 — that a personal-computer software company named Microsoft Corporation sold its shares publicly for the first time. Fortune magazine is marking the moment by reprinting the in-depth piece that followed Bill Gates and other company executives as they went through the entire process, including details… Read More…