Paul Allen

What You Can Buy With a Literal Ton of Cash

With more and more financial transactions being conducted electronically, it's easy to forget the physicality of money. What a dollar weighs, or a pile of them. So just for fun, let's start piling up the Benjamins and see what a pound -- or 10, or 100, or a ton -- of C-notes will buy.

Measuring Rich People's Toys Against Average Incomes

The gap between America's super-wealthy and the rest of us has grown so vast it's hard to even comprehend the sums they spend on their luxuries. But if you measure, say, a $200 million luxury yacht in terms of the average U.S. family's household income, the picture comes back into focus.

Paul Allen's Patent-Licensing Firm Dealt Blow in IP Lawsuit

A patent lawsuit brought by Microsoft Co-Founder Paul Allen against Apple, Google, and Yahoo,among others, has been dismissed. The judge found the suit, which failed to specify the products or devices that infringed on patents from Allen's company, too vague.

Legal Briefing: BofA/Merrill Lynch Lawsuit Moves Ahead

The SEC settled its case against Bank of America for failing to disclose Merrill Lynch's losses and bonus plans before their merger, but BofA shareholders are still seeking justice. On Friday, a judge refused to dismiss their claims, meaning they'll get their chance at a trial.

Legal Briefing: Facebook Trying to Patent "Face"

Facebook went after teachers' networking site Teachbook, claiming that anything "--book" and social networking infringes its mark. Now, Facebook is trying to patent its name's first syllable: Face.

Microsoft Co-Founder Files Big Patent Lawsuit

Microsoft co-founder Paul Allen slapped a host of tech titans with a patent infringement lawsuit Friday, alleging that they were utilizing technologies developed by a lab that he had invested in. On his his naughty list: Google, YouTube, Apple, eBay, Facebook, Netflix and AOL, among others.

Microsoft Co-Founder Paul Allen to Give Away Most of Fortune

Microsoft (MSFT) co-founder Paul Allen plans to give away most of his $13.5 billion fortune. In a statement, Allen said that his "philanthropic efforts will continue after my lifetime" Allen co-founded Microsoft with Bill Gates in 1975. He left the company in 1983 and became an investor in a range of industries including media and cable.

Bill Gates Sr. Opens a Window Into His Son's Stormy Youth

Parents of less-than-perfect offspring, take heart: It turns out, perhaps not surprisingly, that Harvard University drop-out, Microsoft co-founder and billionaire philanthropist Bill Gates was, at times, a difficult kid, at least according to his father.