Business News: Facebook Co-Founder Saverin Gives Up U.S. Citizenship

Facebook co-founder Eduardo Saverin has given up his U.S. citizenship, a decision that many observers believe is likely to reduce the massive tax bill he stands to receive following next week’s flotation of the social media company. Saverin, a native of Brazil, became a citizen in 1998, six years after moving to the U.S. “Eduardo [...]

Business News: SAG-AFTRA Merger Brings Best Elements Of Both Unions.

As Seen on The American Federation of Television and Radio Artists and Screen Actors Guild are pleased to announce that members of both organizations have overwhelmingly voted to approve a merger, creating a new entity, SAG-AFTRA. SAG members voted 82 percent in favor of the merger. AFTRA members favored the merger with 86 percent, [...]

Business News: Facebook Buys Instagram For $1 Billion

As i’m sure most of you know Facebook acquired instagram for $1 billion here’s what Mark Zuckerberg said… This came out of nowhere. Usually when a deal of this magnitude is on the verge of happening, there’s usually some sort of rumor about the deal before it becomes official. Today it has been announced that [...]


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