Private Equity
From the Students: Stanford op-ed wants Wall Street recruitment on campus to end. Seriously, Poynter? Jim Romenesko forced to leave for not putting in quotation marks. Aftermath: Eight SEC employees were disciplined but not fired for how they handled the Madoff ponzi scheme. Diversity: Do black entrepreneurs face a bias? We Need Kryptonite: Herman Cain shrugs off boatload of sex harassment claims to remain in first place among Republican presidential nominees. No, They're Not Bungee Jumping: Endangered rhinos are air-lifted to safety in South Africa. You're Fired: MF Global lets go of 1,066 employees. Still Not Working: That Apple software update didn't fix the battery glitch. Money Hungry: Jay-Z plans to sell T-shirts supporting the Occupy Wall Street movement but won't share any of the profits with the protesters. Oh no! It's the Great Pumpkin: Man suffers a concussion after getting hit by a pumpkin.
1 min read · 11 November 2011
1 min read · 11 November 2011
No Deal: E*Trade calls off plans to sell itself. Just Kidding: S&P sends out an erroneous report on France's credit rating (it's still Triple A). Juicing: Starbucks buys Evolution Fresh for $30 million. After the IPO: Report says that Groupon's entire float has been sold short. Drunk Dialing: Man arrested after calling cops five times to complain about his broken iPhone. Magical Mystery Tour: CFTC commissioner charges that missing $593 mln is the result of a "massive hide and seek ploy." And, Dealbreaker invites us along to help find the missing money. Settlement: Facebook is readying a settlement with the FTC that would make all future privacy settings opt-in. The Carry: Here's a breakdown of private equity's carried interest with a pretty picture. It's a Guy: The voice behind the British Siri outs himself despite Apple warning.
1 min read · 10 November 2011
Brazil and India: Where women are rising the fastest. Stocks: The Dow Jones Industrial Average dropped 389.24 points, or 3.2%, to 11780.94. The Power of Sharing: How Steve Case and his company are driving the sharing economy. Steve Jobs Killed Flash: Adobe says Wednesday that it won't be developing Flash for mobile devices. Cruel & Unusual: Supreme Court to decide if kids 14 and under, who took part in a murder, can be sentenced to jail without parole. Deal? Silver Lake becomes latest PE firm to sign Yahoo's restrictive NDA. Siri Competition: Amazon buys a voice recognition startup. Where are the Women: Google+ users are still mostly men. Christopher Walen: Is BofA prepping to file Chapter 11? Coincidence, We Hope: Andy Rooney's college roommate, who was in his 90s, drops dead at Rooney's memorial luncheon.
1 min read · 09 November 2011
Headlines Get Attention: 15 must know facts on how people view web sites. Jet Plane: Getting hired by LivingSocial is like going on American Idol. Another Offering: Yelp has hired Goldman and Citi to lead its IPO. No Glitch: Consumer Reports says the iPhone 4S doesn't have the antenna problems that the previous version had. Float Like a Butterfly, Sting like a Bee: Wait, that was Ali who said that. RIP Joe Frazier. New Plans: MF Global may liquidate instead of reorganizing.
1 min read · 08 November 2011
A Tough Call: Which NYC airports are the worst? Apple: iPhone 4S pre-orders in Hong Kong sell out in 10 minutes. Tablet Wars: Barnes & Noble unveils the Nook tablet, priced at $249. Sending Out Surveys: How to get attention for your startup. On TV: Mark Zuckerberg and FB COO Sheryl Sandberg will appear together tonight on Charlie Rose. And Zuckerberg denies that Apple ever tried to buy Facebook. And Another One: Sharon Bialek is the latest to accuse Herman Cain of sexually inappropriate behavior. They're NOT Out There: The White House says that an alien invasion isn't imminent. He Did It: Jury finds Dr. Conrad Murray guilty of involuntary manslaughter in Michael Jackson's death.
1 min read · 07 November 2011
So Popular: Groupon's IPO is so hot that it will stop taking orders this afternoon. On The Cusp: Steve Jobs gave this interview in 1995 to Computerworld before he launched the iPod, the iPad or even the iPhone. The Jobs biography by Walter Isaacson has sold 379,000 copies in the U.S. Need a Job? Mark Zuckerberg is returning to Boston to find some engineers. Moving West: Bain Capital Ventures talks about their new six-person office in Palo Alto. Next! And a third woman accuses Hermain Cain of sexual harassment. IE Drops: Internet Explorer's hold on web traffic falls to below 50%. The Best Exit: When an acquisition beats an IPO, from Tom Taulli. Fred Wilson: Want to be a VC? Start a company. Earnings: News Corp.'s net income drops as company continues to deal with the phone-hacking scandal, its withdrawal of the BSkyB bid and closing News of the World.
1 min read · 02 November 2011
More "uhs" and "ums": How to spot a psychopath. Seriously. We Knew It was Coming: MF Global files for bankruptcy. OMG, Zombies invade 500 Accelerator. And they're dancing to Michael Jackson's Thriller! Stay Away: Halloween licorice can cause heart trouble. Alaskan Crab Fisherman: The 15 scariest jobs. Go Get 'Em: Anonymous, the hacker collective, is going after the Mexican drug cartel. See Ya: Herman Cain, a Republican presidential contender, denies allegations of sexual harassment. One accuser confirmed to have received a cash settlement. In Hindsight: Mark SZuckerberg says he would've stayed in Boston instead of moving out to Silicon Valley. (Note: We corrected a typo in Mark Zuckerberg's name in the preceding sentence.) The history of Halloween: Today's traditions date back to the Celtic festival Samhain. And, 10 things you didn't know about Halloween.
1 min read · 31 October 2011
Better than We Thought: Google paid $151 mln for Zagat. The Open: Asia stocks rise on break in Greek deal. Taking Over: Sony is buying Ericsson's stake in its mobile JV for $1.45 billion. Uncrunched: Andreessen Horowitz is raising a $900 mln fund II. Cooling: Facebook will build a server farm on the edge of the Artic Circle to house all of its servers.
1 min read · 27 October 2011
Peter Thiel: Is launching Breakout Labs to back cutting edge tech ideas. Here Comes the Sun: Apple is planning a solar farm to help power its data center. Relevant Number: The Internet is responsible for 2% of global energy use. Scandal: Olympus chairman and president has stepped down. More than Good Listeners: Why women make excellent entrepreneurs. Losing Money: What's the key difference between Apple and Amazon next quarter. And, Amazon's Apple war cost investors $20 billion. Guy Fawkes Day: Anonymous is planning a 3-prong attack on Nov. 5.
1 min read · 26 October 2011
