Category: Business

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  • Teacup Pigs: The Next Lucrative Pet Trend?

    Image source Teacup pigs are currently a raging new pet trend in Great Britain. Teacup pigs grow “about the size of a small spaniel,” and are this decade’s answer to the potbellly pig craze of yesteryear. MSNBC reports: Their name comes from their size: At birth, the piglets weigh about 9 oz. and are the […]

  • After McKinsey Study, Conde Nast Folds Gourmet Magazine

    Conde Nast will announce the closure of Gourmet magazine–and several other titles–this morning. The New York Times has more: The magazine has sustained a severe decline in ad pages, but the cut still comes as a shock. In addition to Gourmet, Condé Nast plans to announce it will also close Cookie, Modern Bride and Elegant […]

  • 3 Ways Google Wave Will Change Business

    Tomorrow, Google will release the much-anticipated Google Wave, an innovative new communications platform. Mashable goes into depth about what Wave is, and also how it can change business. Ben Parr’s article on Wave’s game-changing features includes some benefits for business: Drag-and-drop file uploads: (These) make Google Wave not only a communication platform, but a useful […]

  • Xerox Enters IT Services Space by Buying Affiliated Computer Services

    Xerox today announced that it will buy IT services/outsourcing company Affiliated Computer Services for $6.4 billion. Bloomberg has more: The transaction will help triple sales from services to about $10 billion, Xerox said today in a statement. The total price of the cash-and-stock deal is about 34 percent more than Dallas-based Affiliated Computer’s closing price […]

  • Bank of America Flag Controversy Illustrates Dangers of Blind Obedience

    Last week, a Bank of America branch in Gaffney, SC stirred up controversy by removing American flags from an adjacent sidewalk. The bank later returned the flags, which were intended for a funeral procession for a fallen Marine. But the city isn’t about to forgive the bank. The Spartanburg Herald-Journal has more: The controversy developed […]

  • 7 Strange Animals Bred for Business Purposes

    Supersized bunnies, tiny cows, and frozen goats–they’re not just for children’s books anymore. Breeders around the world covet certain animals for their economic potential. Some produce a lot of meat. Some are iridescent. Others fit well into small spaces. Nevertheless, all of the animals featured below have two things in common. One, they have highly […]

  • Intuit Buys Mint.com for $170 million

    Financial software company Intuit has purchased personal finance website Mint.com for $170 million. The New York Times has more: Mint, which unveiled its free online services in September 2007, quickly became popular as more people turned to the Web to create budgets and manage their finances. The company says it has 1.5 million users tracking […]

  • Computer Associates Buys NetQoS for $200m Cash

    New York-based Computer Associates (CA) today announced that it will acquire network management software company NetQoS for $200 million cash. The Washington Post has the details: If the deal goes through, it will be CA’s biggest acquisition in three years (since it bought Wily Technology for $375 million in January 2006). The acquisition is expected […]