Coverage: The Bitcoin auction
Always on the lookout for how to make money, hedge funds and venture capitalists are known for being ahead of the curve. Tim Draper, who runs a venture capital fund, is betting that bitcoins are it. Bloomberg’s Olga Kharif and Carter Dougherty had the details of his latest move, winning bitcoins at a government auction: Venture […]
Coverage: Twitter names IPO banker to CFO post
The next chapter in Anthony Noto’s varied career will be as finance head at Twitter. The company announced Tuesday he would take on the CFO job after helping lead the company’s initial public offering. The Wall Street Journal reported in a story by Anna Prior and Yoree Koh that Noto was slated to join a […]
Coverage: BNP Paribas pays record fine
Regulators are sending a message, and BNP Paribas is the poster child for banks that did wrong. The French bank will pay a record fine and in possibly even bigger news, plead guilty to wrong doing. Devlin Barrett, Christopher M. Matthews and Andrew R. Johnson had this story for The Wall Street Journal calling the […]
Coverage: Who’s going to fill the Aereo content gap?
Last week, the Supreme Court ruled that online content streaming service Aereo’s business was illegal. While Aereo moved to “pause” operations, others are trying to quickly take advantage of the opportunity. CNET’s Joan E. Solsman had this background on the ruling and what it means: Aereo, the startup that the Supreme Court this week said […]
Coverage: GoPro gains 30 percent on debut
If you’ve ever filmed yourself doing something active or outdoors, you likely used a GoPro. The cameras are synonymous with mountain bikes, skateboards and skydivers alike – and now the name is well-known by tech investors. Sydney Ember and Michael J. de la Merced had this story for The New York Times: Like extreme athletes […]
Coverage: U.S. economy falters
The U.S. economy lost the most since the end of the recession, indicating that optimism might be premature. Jonathan House wrote for The Wall Street Journal that the gross domestic product sank to a five-year low: The U.S. economy contracted at a faster pace than previously estimated in the first quarter, marking its sharpest pullback since the […]
Coverage: Yahoo CEO naps through meetings
As if Yahoo didn’t have enough troubles with advertisers these days, CEO Marissa Mayer made headlines at Cannes for sleeping through meetings with ad executives. Suzanne Vranica had this story for The Wall Street Journal’s CMO Today blog, which cited an unknown person saying her actions indicated she didn’t understand the value of advertisers: For […]
Coverage: American Apparel CEO pledges to fight
That Dov Charney, CEO of American Apparel, was finally fired for inappropriate behavior isn’t shocking. What is a bit surprising is that he is fighting to stay onboard the company he founded. Elizabeth A. Harris had this story in The New York Times: Dov Charney, the founder and longtime chief executive of American Apparel who […]
Coverage: General Motors continues to struggle
It’s no secret that General Motors is struggling. They continue to recall cars and admit problems within the organization. It has some things to fix, and CEO Mary Barra is continuing to answer questions about the company’s handling of the issue. Neal E. Boudette and Andrea Fuller had this story for the Wall Street Journal: When General […]
Coverage: Can Blackberry actually make money?
Incredibly, Blackberry may have halted its slide into oblivion, as media outlets are reporting after the company released earnings Thursday. But will it be enough for investors? Ian Austen had this story for The New York Times: For BlackBerry, the smartphone company recently known for producing relentlessly grim financial results, the announcement on Thursday of a […]
