valuation

15 Stories

Well, X Is Worth a Whole Lot Less Than It Used to Be

Elon Musk paid $44B for the company formerly known as Twitter, which says it's now worth $19B

(Newser) - Elon Musk paid $44 billion to purchase Twitter a year ago. It's now valuing itself at about $19 billion, a 55% decrease from the amount he paid, according to stock grants handed out to employees Monday and shown to the New York Times . Musk has long said he overpaid....

Report: Twitter Now Worth a Third of $44B Purchase Price

Fidelity's latest valuation may put investors on edge

(Newser) - Elon Musk famously forked over $44 billion to become the owner of Twitter last year, but a new valuation from one of its outside investors may set all of the other investors squirming. Forbes reports that Fidelity has valued the social media platform at only about $15 billion, or about...

A Win for Couple Who Alleged Racial Bias in Home Valuation

Paul Austin, Tenisha Tate-Austin settle lawsuit with appraisal company, hope to bring change

(Newser) - A Black couple who said the value of their California home increased by almost $500,000 when they had a white friend stand in as the owner have settled a lawsuit with the appraisal company. Paul Austin and Tenisha Tate-Austin of the San Francisco suburb of Marin City will receive...

Meta Loses $200B in Market Value Within Hours

Facebook's daily users fell in Q4 for the first time

(Newser) - For the first time in its 18-year history, Facebook is losing more daily users than it's gaining—and Meta and its CEO are feeling the burn. Shares in the company plunged more than 20% in after-hours trading Wednesday, wiping out $200 billion in market value, after Facebook reported losing...

The Number Is In on Worth of Prince's Estate, and It's Huge

Final valuation comes in at $156.4M, about double what estate's administrator originally estimated

(Newser) - The administrator of Prince's estate had once estimated its value at $82.3 million. The Internal Revenue Service said it thought the real number was double that. Now, nearly six years after the legal fight over the late singer's estate began, a final figure has been arrived at,...

Stripe's New Valuation: $95B
There's a New
Most Valuable Startup

There's a New Most Valuable Startup

Funding pushes Stripe past SpaceX and Instacart

(Newser) - Stripe's new round of funding has left SpaceX and Instacart in the dust. The payments processing company announced it had added $600 million on Sunday, for a valuation of $95 billion. That shoots Stripe past SpaceX, which is valued at $74 billion, and Instacart, which is pegged at $39...

Pinterest Joins $1B Valuation Club

And how ... its new valuation is actually $1.5B

(Newser) - Facebook may be dominating the headlines this week, but don't forget about the little guys—or the no-longer-quite-so-little ones. Pinterest's valuation has jumped from $200 million to $1.5 billion thanks to a new $100 million round of financing. The Wall Street Journal notes that the news pushes...

Social Network Twitter Valued at $7B
 Twitter Valued at $7B 

Twitter Valued at $7B

That's almost twice the figure from 7 months ago

(Newser) - Twitter’s latest private fundraising effort values the firm at up to $7 billion, an insider tells the Wall Street Journal . Just seven months ago, a round of fundraising that brought in $200 million valued the firm at $3.7 billion. Twitter is hoping its ad system, begun last year,...

Early Facebook Investors Want Out

A group, including employees, looks to dump shares

(Newser) - In a sign of increasing wariness among Facebook's earliest investors, a group of shareholders is looking to dump $1 billion worth of shares in the social networking company. The sale would value Facebook at more than $70 billion, five sources tell Reuters . The group, which includes Facebook employees, tried...

Profit, Schmofit: Twitter Valued at $3.7B

Latest round of fundraising quadruples value

(Newser) - Who says a business needs to make money? Not Twitter; the microblogging service has secured a new round of funding valuing the company at $3.7 billion, it announced yesterday, nearly quadruple what it was valued last year. That valuation comes despite the company’s inability, so far, to actually...

British Treasure Find Worth $5.4M

Anglo-Saxon gold unearthed by jobless searcher this summer

(Newser) - An amateur British treasure hunter and the owner of the field where he struck gold are in for a big payday: His find turns out to be a 7th-century Anglo-Saxon cache of the precious metal. The collection is worth about $5.4 million, British Museum tells the AP . The treasure—...

$1.5B Yanks MLB's Most Valuable Team

Marlins come bottom in latest ranking of baseball's MVTs

(Newser) - The New York Yankees' $1.5 billion valuation lands them solidly in the top spot in the Forbes ranking of baseball's most valuable teams. The crosstown Mets came second, trailing by almost $600 million. The Yanks, however, were one of only two teams to lose money last season, dropping $3....

Finance Geeks Behind Crisis Hard at Work on a Fix

The inventors of the CDO turn their math minds to better valuations of assets

(Newser) - The finance-desk math wizards who created the securities behind the market meltdown are now betting they can think their way out of the mess, the Wall Street Journal reports, working to design new systems for pricing bad assets fairly so governments can buy them off of banks’ balance sheets. “...

Foreclosures Soar on Homes Over $1M
Foreclosures Soar on
Homes Over $1M

Foreclosures Soar on Homes Over $1M

Foreclosures on million-dollar homes way up since last year

(Newser) - The housing crisis, having wreaked havoc on low- and middle-income homeowners, is moving into the mansion set. Foreclosures on $1 million plus homes have almost doubled since last year, MSNBC reports, and more than doubled for homes over $2 million. The reasons are familiar: layoffs in the executive and professional...

Facebook's Vision Nets 100 Million Users
Facebook's Vision Nets
100 Million Users
ANALYSIS

Facebook's Vision Nets 100 Million Users

'Carefully groomed' site beats 'the chaos that is MySpace,' may mean $

(Newser) - Facebook has just crossed the 100-million-user plateau, and it’s more notable than when MySpace achieved the feat 2 years ago, Stan Schroeder writes on Mashable. First of all, Facebook says it counts only active users, unlike its rival. But more importantly, Facebook has a vision of how to cater...

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