Forbes magazine is out with its yearly list of the 400 richest Americans. Their combined net worth increased 13 percent since last year. The top of the list contains the usual suspects: Bill Gates, Warren Buffett, Larry Ellison, the Koch brothers and the children of Wal-Mart founder Sam Walton.
The search giant is expected to be the top firm in online display advertising revenue this year, according to analysts at eMarketer. Google would unseat the reigning online ad champ Facebook. That would be a blow for Facebook, which only last year managed to beat back the previous top earner: Yahoo.
Apple and Samsung remained locked in their high stakes patent dispute. A Silicon Valley jury last month ordered Samsung to pay Apple more than $1 billion for infringing on its patents. Samsung is fighting in court and with a new aggressive marketing campaign for its Galaxy smartphones.
Chicago Alderman Joe Moreno says he will no longer stand in the way of Chick-fil-A opening a restaurant in his ward since it will stop making donations to groups that oppose gay marriage. It was a month ago that supporters filled Chick-fil-A restaurants and gay activists protested after the CEO of the restaurant chain said he opposed same-sex marriage.
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