Self-made billionaires rely on their own determination, smarts, and ingenuity to get where they want to go.
Would you be willing to go door-to-door to sell your product? Or walk on stilts, eat fire, and play the accordion for pocket change? Only a handful of people would go to these lengths.
Here are five self-made billionaires who were born poor - but didn't end up that way...
Those tempted to buy Yahoo stock because they see it one day dethroning the likes of Google or Facebook should be reminded of where Yahoo’s true value lies.
Especially since every small victory Yahoo Inc. (Nasdaq: YHOO) seems to secure is invariably greeted as evidence that Chief Executive Officer Marissa Mayer is successfully breathing new life into a struggling, once-great web portal and online services giant.
On Friday, a report surfaced that Google (Nasdaq: GOOG, GOOGL) was in talks to buy a 40% stake in eBay (Nasdaq: EBAY) for $85 billion at $68 per share.
Starting Tuesday, Google (Nasdaq: GOOG, GOOGL) will host the first of seven meetings to debate a controversial Internet privacy law imposed by the European Union. The move is the company's latest stroke of genius, but this time, Google's not crafting a futuristic new product. It's solving a way to deliver the perfect balance between privacy and freedom of information to users.
It’s going to use crowdsourcing…
Google stock (Nasdaq: GOOG, GOOGL) will benefit from a $300 million deal announced on Tuesday. The innovative tech company said it will work with five Asian telecom companies to develop and implement a trans-Pacific cable that will connect Japan and the United States undersea.
"If I were a traditional telecom operator I would be terrified," Money Morning Chief Investment Strategist Keith Fitz-Gerald said of the news. "This highlights how much is at stake and will give Google a significant leg up on the 'Internet of Everything.'"
Google Inc. (Nasdaq: GOOG, GOOGL) already owns YouTube, which dominates online video. So why is Google buying Twitch, a Web site that mostly just live streams people playing video games?
While the deal isn't official yet, many news outlets have reported that Google wants to buy Twitch for $1 billion. What many don't realize is how big the live streaming of online gaming has become.
The European Court of Justice has ruled that its citizens have the right to have links to certain information removed from search engines like Google Inc. (Nasdaq: GOOG) if that information is outdated or not in the public interest.
In this appearance Wednesday on FOX Business' "The Real Halftime" program with Stuart Varney, Money Morning Capital Wave Strategist Shah Gilani talks about what this decision on the so-called "right to be forgotten" will mean for Google stock.
Editor's Note: We're giving you special access to Bill's Private Briefing because he and Michael have spotted a rare opportunity in the robotics and M&A niche. Readers have the chance to get into this company before Google does - and sends the price doubling. Here's Bill...
As I've mentioned many times in Private Briefing, resident technology expert Michael Robinson and I talk by telephone at least once every day - and often two or three times.
On more than one occasion, in fact, Michael has joked that we could save a lot of time if we were capable of the "Vulcan Mind Meld" technique that Mr. Spock regularly used in the classic sci-fi TV show Star Trek.
But because we do talk so frequently, I have to confess that Michael surprised me in late December: When I was interviewing our gurus to get their top stock picks for the New Year, Michael recommended a stock that we hadn't previously talked about.
But I'm really glad he did... Full Story
Google Inc. (Nasdaq: GOOG) stock jumped nearly 4% early Thursday morning ahead of its Q4 earnings report on news that it is selling Motorola Mobility.
The Motorola Mobility division had continued to lose money for Google, most recently an operating loss of $248 million last quarter. GOOG purchased the division for $12.5 billion in May 2012 and will sell it to Lenovo for $2.9 billion.
To continue reading, please click here...
Google earnings for the second quarter come out after the bell today - with most analysts expecting a strong quarter.
Google Inc. (Nasdaq: GOOG) is expected to report Q2 earnings of $10.78 per share on revenue of $14.45 billion. That compares with a $10.12 EPS profit on revenue of $9.61 billion in the same quarter a year ago, according to analysts polled by Reuters.
To continue reading, please click here...
Talk about two stocks going in the opposite direction: Apple stock (Nasdaq: AAPL) is trading near its 52-week lows, while Google Inc. (Nasdaq: GOOG) recently hit an all-time high.
The trend has some wondering if investors are consciously moving their money from one tech giant to the other.
To continue reading, please click here...
Coming less than a year after Google unveiled its Google Glass Web-connected eyeglasses, reports that an Apple "iWatch" is in the works emphatically confirm that the battle is now joined for dominance over the next wave of tech - wearable computing.
According to the reports, Apple Inc. (Nasdaq: AAPL) has 100 people working on an iWatch users would wear on their wrists, but that would have many of the same capabilities as an iPhone.
To continue reading, please click here...
You don't have to find the "next big thing" to make big money. You can reap windfall profits by searching for the beaten-down tech stocks that institutional players are ignoring. Like this one.
To continue reading, please click here...
To continue reading, please click here...
