carlos slim

Daily Blogwatch: Why Facebook Will Be Bigger Than Google

Some of the best online stories for investors: Why Facebook will be bigger than Google within five years; how a "short gold, long silver" strategy will work in the long run; what the acquisition of TechCrunch might mean for AOL.

Mukesh Ambani: The Next Richest Man in the World?

India's Mukesh Ambani may not be a household name like billionaires Bill Gates or Warren Buffett, but here's a look at why it could be just a matter of time before the Indian mogul climbs to the top of the world's richest list.

Saks Shares Soar on Takeover Rumors

Saks shares have spiked on takeover speculation. Reports say a private equity consortium with U.S. and U.K. players is interested in buying the retailer and could offer some $1.7 billion for it.

Manhattan Real Estate Heating Up? Carlos Slim Buys $44M Mansion

Mexican billionaire Carlos Slim has plunked down a cool $44 million for a hot Manhattan property -- the last remaining privately owned Fifth Avenue mansion. It's a townhouse boasting more than 19,000 square feet right across the street from the Metropolitan Museum of Art.

Carlos Slim Fattens His New York Times Stake

Carlos Slim is one of the New York Times Co.'s biggest shareholders, but most of his holdings are in the form of warrants received after loaning the media company $250 million. The Mexican billionaire's growing stake has raised concerns about whether he would try to influence the fabled journalism brand in any way.