100 million

(CONRAD) The CONRAD Program of the Eastern Virginia Medical School today announced that it has received a $100 million award from the US Agency for International Development to continue its development work on microbicides.

One has to wonder what's going on in the world between Microsoft and Novell. They signed a deal in 2006 worth over $300 million so that Novell could provide licensing certificates and support to Microsoft for its SuSE Linux distribution.

Novell, in turn, has to pay Microsoft $40 million over 5 years for indemnification for its customers. Huh? Stories like this one stem from the announcement of a couple of days ago when Novell invoiced Microsoft for a $100 million payment based on this agreement.

I still don't get the whole idea behind this deal. It sounds great for Novell who gets a lot of...

A new $100 million fund invests in start-ups specializing in iPhone applications.

Citigroup Inc agreed to buy back more than $7 billion of illiquid auction-rate securities and pay a $100 million civil fine to settle charges it fraudulently misled investors about the debt's risk.

What could have made one of the largest telecom operator in developing countries over 100 million subscribers turned out to be failed attempt.

Bharati telecom has a reputation of becoming a telecom giant from scratch within a decade with over 60 million subscribers.

Facebook is borrowing $100 million to accommodate growth on the site.

The money, from venture loan firm TriplePoint, brings the amount raised to around $350 million.

The site has grown quickly and needs around 50,000 more servers to handle the load.

Facebook has over 70 million active users and around 109 million monthly visitors.

read more

Ford Motor Co. surprised Wall Street on Thursday with a $100 million profit in the first quarter as strong results from Europe and South America helped offset the impact of a slumping U.S. economy that cut car and truck sales in its main market.

Its shares rose almost 5 percent in premarket trading.

Ford Motor Co. surprised Wall Street on Thursday with a $100 million profit in the first quarter as strong results from Europe and South America helped offset the impact of a slumping U.S. economy that cut car and truck sales in its main market.

Its shares rose almost 6 percent.