Candy Crush maker prices IPO
King Digital Entertainment sold shares to the public in the middle of its stated price range, indicating that investors willing to invest, just not the soaring amounts that other tech companies have garnered recently. The New York Times had this story by Michael J. de la Merced and Mark Scott which points out that now […]
Harnessing online traffic
Marketers and journalists may have more in common than they think. Both groups are trying to best utilize web metrics to maximize their reach. Some are just doing it voluntarily, while others are having it forced on them. Writing for the New York Times, David Carr penned a fascinating column about the move to pay […]
Apple and Comcast in talks
Streaming television is getting a new competitor. The Wall Street Journal had the internet abuzz Sunday night with a report that Apple is talking to Comcast about a TV service that would bypass the web, giving it priority over other services. The Wall Street Journal story by Shalini Ramachandran, Daisuke Wakabayashi and Amol Sharma outlined […]
Airbnb valued at $10 Billion
Earning a piece of travelers’ wallets is big business, and Airbnb is proving just how lucrative it can be. The company is close to closing funding valuing it at more than $10 billion. Michael J. de la Merced had this story for the New York Times: Airbnb is close to joining a rarefied group of […]
Yellen makes Federal Reserve debut
Janet Yellen’s debut didn’t say anything out of the ordinary, but apparently, investors didn’t care for her commentary. The Wall Street Journal story by Jon Hilsenrath and Victoria McGrane led with investor reaction to Yellen’s comments around when the Federal Reserve might start raising interest rates: Investors bristled after Janet Yellen emerged from her first […]
NY takes aim at high frequency traders
The opaque world of high frequency trading is coming under increasing scrutiny from regulators as the New York Attorney General Eric Schneiderman said he was looking into practices in the space. Andrew R. Johnson had this story for the Wall Street Journal: New York Attorney General Eric Schneiderman is investigating services offered by stock exchanges that he […]
More troubles for GM
General Motors Co. is increasing its response to safety issues, recalling more vehicles and vowing to do better. The coverage focused on various aspects of the crisis, but the long-term impact on the company could be the bigger issue. Here are some of the details from the Wall Street Journal story by Jeff Bennett: General […]
Bloomberg Way unveils 25th anniversary edition
Bloomberg News is turning 25 next year, and in advance of its birthday the news organization published the 25th anniversary edition of its style and reporting guide “The Bloomberg Way.” The book by editor-in-chief Matthew Winkler with Jennifer Sondag, standards editor for Americas, will be available via the Bloomberg terminal and Amazon.com this week. While […]
China’s Alibaba Plans U.S. IPO
The market for initial public offerings is heating up. To prove it, China’s e-commerce site Alibaba is planning to list its shares in the U.S. in a long-awaited share sale. Reuters has these details in a story by Elzio Barreto and Denny Thomas. Chinese e-commerce giant Alibaba Group Holding Ltd has decided to hold its […]
BP allowed to drill again
BP is back. After nearly four years of suspension after a disastrous Gulf of Mexico oil spill in 2010, the company is now able to sign new drilling leases. Here’s the story from Politico by Darren Goode: BP will be allowed to sign new leases to drill for oil and gas in the Gulf of […]
