Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
Many have criticized Argentina's move to renationalize its oil as a populist bid likely to isolate it from the global economy. But the takeover is in line with changing power dynamics in the region.
In early March, leading thinkers in the private and public sectors gathered in the epicenter of California's Silicon Valley – Palo Alto – to take in a bird's eye view of how social media is affecting governance. Social media can empower people, but turning a 'dumb mob' into a 'smart mob' is another matter.
The eurozone needs an enforcer who can tell lawmakers what they don't want to hear: They have to let some eurozone nations fail and make sure eurozone banks don't.