Posted by Shirley Brady on May 23, 2012 08:50 AM
Facebook I.P.O. raises regulatory concerns, as regulators review Morgan Stanley's pre-Facebook IPO actions and the social network's share price drops 18% below IPO price and shareholders worry. NASDAQ is also being sued by an irate investor, while Facebook, its bankers and CEO Mark Zuckerberg are also being sued. One hot commodity: Zuckerberg's post-IPO secret wedding to Priscilla Chan sees Claire Pettibone-designed wedding dress "go viral."
Apple's iPad played a key role in the largest debt restructuring in history, with 100 iPads saving Greece $140 billion. European banks were less prepared for the Greek economic crisis.
SAP to acquire Ariba for $4.3 billion in push into cloud.
Alcatel-Lucent technology made the Internet five times faster.
Amazon's massive cloud business raises questions.
FOX's American Idol lost nearly a quarter of its still-huge audience this season.Continue reading...
Posted by Sheila Shayon on September 2, 2011 02:41 PM
The tents being assembled at Lincoln Center as Mercedes-Benz Fashion Week gears up to kick off next week in New York. The massive undertaking aims to be greener this time around by eliminating the noisy and odiferous diesel generators that provoked the ire of neighborhood residents in the spring.
Locals have complained that the chic circus burns as much diesel fuel for lighting, heating and blow dryers as three Broadway musicals combined. Going forward, the generators will (according to the New York Times) plug into nearby Fordham University and the David H. Koch Theater at Lincoln Center, requiring two fewer portable generators, while the remaining generators will run on a cleaner biodiesel fuel blend.
Also causing gripes as the fashion world gets ready to descend on New York to check out the Spring 2012 collections: what's being seen as overreaching by Tumblr to get brands to pony up for coverage by bloggers. It's all to do with a perceived faux pas by Tumblr’s fashion director, Rich Tong, who asked brands and agencies to pay select Tumblr bloggers to cover the events this year as opposed to previously when it was done gratis.Continue reading...
Posted by Shirley Brady on August 3, 2011 01:28 PM
Johnson & Johnson released this video marking its 125th Anniversary on August 3rd (when its employees rang the opening bell at the New York Stock Exchange), celebrating "our history, our products and our community." Watch below to see how J&J celebrated around the world.Continue reading...