Dell Officially Goes Private Under Michael Dell, Silver Lake Partners

Dell announced on Tuesday the completion of its acquisition by Michael Dell, Dell’s Founder, Chairman and CEO, and Silver Lake Partners, a leading global technology investment firm. Under the terms of the merger agreement, Dell stockholders will receive $13.75 in cash for each share of Dell common stock they hold, plus payment of a special … Continue reading

Elon Musk Wants to Get You from NYC to LA in 45 Minutes

Elon Musk wants to revolutionize transportation. Again. The serial entrepreneur envisions a future where mag-lev trains in enormous pneumatic tubes whisk us from Los Angeles to New York in 45 minutes. Need to be in Beijing tomorrow? No problem. It’s a two-hour ride away. As crazy as it sounds, Musk is merely updating an idea … Continue reading

Airbnb Has Generated More Than $632 Million in NYC Economic Activity

Airbnb has just released a new study highlighting the Airbnb community’s positive economic impact in New York City. Conducted by HR&A Advisors, the study found that Airbnb, the popular peer-to-peer apartment sharing startup, generated $632 million in economic activity in New York in one year and supported 4,580 jobs throughout all five boroughs. Nearly 90% … Continue reading