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EBay today will announce the sale of Skype to private investors. The New York Times has more on the coming announcement: The investment group is likely to include Andreessen Horowitz, a new venture capital firm headed by the Netscape co-founder Marc Andreessen, these people said. One of the people added that Index Ventures, a London-based […]
It seems oddly fitting that news of Dominick Dunne’s death is lost in the coverage of Ted Kennedy’s. Dunne wrote about the lives of the rich and powerful, including the Kennedys. The Australian has a nice piece, by — get this Dominic Dunne. DOMINICK Dunne, the celebrated American novelist and diarist who dissected the crimes […]
Image: DietsinReview Kentucky Fried Chicken (KFC) has introduced a new “double down” sandwich that uses fried chicken fillets in place of bread buns. The Chicago Sun-Times has more: Between the finger-lickin’ pieces of chicken are two slices of bacon, melted slices of swiss and pepper jack cheese and a dollop of “the Colonel’s sauce.” It’s […]
The BBC has more: A massive shortage in sugar stocks in India and Pakistan has led to soaring prices and consumer unrest. The Indian government has introduced strict limits on companies that stockpile sugar to check rising prices. Shortages led Pakistan’s government to nearly double sugar prices causing public outrage ahead of the fasting month […]
JP Morgan Chase unveiled the Chase Sapphire last night, a new credit card aimed at high-end consumers. Bloomberg has more: Chase Sapphire, targeted at households with incomes exceeding $120,000, has no pre-set spending limit and holders earn a point for every dollar they spend. Chase is seeking customers beyond its 152 million cards issued in […]
Underdog stories don’t just happen in sports. Sometimes, regular people have to go head-to-head with a big company, industry, or government to stand by their principles. The chances of winning such a David and Goliath battle are usually small. But once in a while, a single person manages to stick it to the man–and win. […]
What is satisficing? Well, if you’re kicking back after a job well done – hoping someone else is going to craft a killer marketing message for your product, you might be satisficing. That’s the gist of Stephen Denny’s idea in a new post on Note to CMO. If you’re not reading this marketing blog, you’re […]
This is a blog post by Drea Knufken. What’s the next big bubble? Green energy? Gun sales? Food? Nobody knows for sure. Based on our research, 12 new bubbles already show potential to make and ruin investors. The markets listed below range from bubble-in-the-making to ready to pop: 1. Gun sales Anticipating anti-gun legislation, certain […]
JetBlue Airways announced the $599 “All You Can Jet” pass yesterday, which allows you to fly anywhere, as many times as you want, between Sept. 8-Oct. 8. TradingMarkets has more: JetBlue Airways announced on Wednesday that it is offering a special unlimited travel pass priced at USD599, which will allow passengers to travel to any […]
Several years ago, getting paid to drive a brand-wrapped car was bordering on popular. The trend later fizzled, but, thanks to the recession, branded “free cars” could be making a comeback. Matzav.com details how it works: Here’s the basic premise of the “paid to drive” concept: A company seeks people — regular citizens, not professional […]
The Trunk Club is an Oregon-based startup that offers men a female personal shopper via Skype video. Shoppers consult with men online to determine their fashion requirements, then FedEx them a set of clothes for free. TechCrunch’s Erick Schonfeld describes the service: Once a man (the service is only for men) gets his “trunk” of […]
Today’s USDA crop report, which forecasts this fall’s harvest, estimated that the US soybean crop will be the largest ever. The corn crop will be the second-largest in history. Reuters has more: (These) mammoth harvests…will deflate an ethanol-fueled price boom, the government said. The Agriculture Department estimated the soybean crop at 3.199 billion bushels, corn […]
