Browsing: Sean Parker

In-depth
Why are young tech billionaires so boring?

Early in Warren Buffett’s life, his father failed to get hired at the family grocery store during the Great Depression. Without a job, and without any money after a run on the banks, the family of four ran up a tab

In-depth
Spotify set for SA debut

It appears that one of world’s most popular music subscription services, Spotify, is getting ready to launch in South Africa, and possibly other markets in Africa, in the coming months. The Swedish company has appointed Oscar Sehlberg Westergård to head up the region and sources say the firm, which already offers its services in 56 countries, is

World
Facebook mints new billionaires

On Friday, social network Facebook will list on Wall Street in the third largest initial public offering (IPO) in US history and the largest in the technology sector. The initial share price is set at US$38 and, with 421m shares being listed, the move will make

World
How Zuck wrested control of Facebook from shareholders

Mark Zuckerberg controls a majority of Facebook’s voting rights, and will continue to enjoy that control after it goes public, according to an unusual arrangement he struck with some key investors and colleagues among Facebook’s shareholders. A string of voting arrangements outlined