Mark Zuckerberg Can Afford a ‘Spend to Win’ Strategy for Facebook
Facebook reported successful quarterly earnings, but like many large companies, it might have to keep spending to win. After growth companies pass the first phase of a meteoric rise in stock price and popularity, More...
Spotify Expected to Seek $500 Million in Financing Before Going Public
Music streaming service Spotify has hired Goldman Sachs for a new round of financing in an effort to raise about $500 million and boost the startup’s value to as much as $8 billion, according to anonymous More...
Bill Gross Predicts 25 Basis Point Interest Rate Rise by June
A policy statement from the U.S. Federal Reserve indicates a “patient” approach to raising interest rates; Janus manager Bill Gross thinks the rise will be 25 basis points by June 2015. The FOMC More...
Harvard Professor Martin Feldstein : The Eurozone Needs More than QE
Although the European Central Bank has launched a larger-than-expected program of quantitative easing (QE), even its advocates fear that it may not be enough to boost real incomes, reduce unemployment, More...
Facebook May Hijack Television’s Advertising Dollars
Video ads are likely to take Facebook by storm, with the number of companies using video advertising on the social media site rising steadily, according to Financial Times. The trend could result in advertising More...
Sunrise IPO Casting Shadow Over Competition
Sunrise, a Swiss mobile telecom company, may have the biggest IPO for Switzerland since 2006, and comes amid the lifting of the cap off of the Swiss Franc and increased competition in the telecom sector. More...
Drew Barrymore Kvells At Daughter’s First ‘Oy Vey’
Drew Barrymore, the child star from a celebrated acting dynasty who has been warming up to Judaism since her third marriage to Will Koppelman, kvelled over her 2 year old daughter Olive’s first “Oy More...
International Man of Mystery Howard Marks Stricken with Terminal Cancer
Howard Marks, a Welsh drug smuggler-turned-celebrity author, has said in an interview that he has been diagnosed with inoperable bowel cancer. The 69-year-old, who spent seven years in a high-security More...
Playoffs Possible for Wilpon’s NY Mets, But Fans Still Riddled with Angst
The New York Mets hope to be a contender this season for the first time since 2008, but the prevalent feeling among fans is one of negativity due to the ownership’s continuing payroll problems and the team’s More...
Topless Women Return to Page 3 of The Sun
So was The Sun mulling it over, or was it a publicity stunt? Or rather, publicity smut, depending on your attitude toward the British Sun’s traditional bare-chested Page Three girl. The news buzzing More...