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Facebook aquires Instagram in billiondollar-deal

Facebook aquires photo-sharing app-maker Instagram in a move which was unexpected, especially considering the fact that the social networking giant is about to go public. The entrepreneurs and investors backing…

$ 98.6 million record setting penalty for Hedge Fund

The Bristish-based asset manager Lewis Chester got slapped by a hefty $ 98,6 million penalty by american regulators. It represents the biggest slap any non-american fund manager has withstood. As…

Biggest ever US lottery win- three lucky winners

In the biggest ever US lottery ticket win three lucky individuals will split a hefty $ 656 million. One of the lottery tickets was sold in a small farmin community…

Internet Pizza kings become millionaires

The nordic internet pizza home delivery company “onlinepizza.se” will become a part of german internet food delivery giant “Delivery Hero”. The three students who founded online pizza.se walk away with…

The Rich List- Hedge Fund Stars making the cut

The Rich List- Hedge Fund Stars making the cut

The annual top-earner list of Hedge Fund Managers “Absolute Return+Alpha” was interesting reading indeed. The year of 2011 was a difficult one for investors and many hedge fund managers across the…