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Currently viewing the tag: "financial"
On August 26, 2013 By Chris Martucci August 25, 2013
New York’s top banking regulators sent subpoenas to 22 digital currency firms in August to determine whether new regulations would be necessary to deal with the emergence of Bitcoin as a form of currency.
For readers unfamiliar with the virtual currency, Bitcoin is a recent implementation of “crypto-currency,” a form of digital [...]Continue Reading →
The Electronic Privacy Information Center (EPIC) asks the Supreme Court to stop the NSA’s recently revealed controversial metadata collection program. [H/T SANS] The Times of India claims that the Indian government operates a data collection program that enables it to access intracompany communications on Indian Blackberries. The program had been alluded [...]Continue Reading →
On November 26, 2012 By Samantha Taylor November 25, 2012
MLB contract negotiations are well underway for baseball’s free agents. Many players have already been signed. For example, David Ortiz re-signed with the Red Sox and Torii Hunter signed with the Tigers. However, many other players are still in the process of negotiating, including Josh Hamilton and Zack Greinke. For a complete list of [...]Continue Reading →
On August 31, 2012 By Joanna Collins August 30, 2012
On August 21st, President Obama’s campaign manager Jim Messina sent the first-ever text message donation to a presidential campaign–a whopping $10. While the Obama campaign is no stranger to six-figure contributions, it hopes this development will encourage small donors to give “whatever they can afford.” This innovative use of technology is [...]Continue Reading →
Students of Antitrust law take note: a 4-3 merger of the smallest into the largest of the four biggest recording companies is underway. Universal Music Group is attempting to purchase EMI, the home of the Beatles. Universal Music Group is itself owned by Vivendi, a French company.
The EU, however, isn’t entirely Continue Reading →
On May 18th, Facebook was able to raise over $16 billion in its initial public offering (“IPO”). The money that Facebook was able to raise during its IPO made it the second largest IPO in U.S. history. Facebook’s revenue for 2011 was $3.7 billion and it had a net profit [...]Continue Reading →
As you probably know by now, Facebook is going public (details and legal analysis in Thursday’s post). But, did you know that Mark Zuckerberg, Facebook’s CEO, is anticipated to foot the largest tax bill in US history? $2 billion. Holy cow, right? That sounds like enough money to fix a lot [...]Continue Reading →
Facebook recently announced a major status update: it’s going public. On Wednesday, February 1st, the company filed registration papers with the Securities and Exchange Commission (SEC) in what marks the first step in becoming a publicly traded company. If all goes according to the planned timeline, the social networking site will raise at least [...]Continue Reading →
What do Katy Perry, the Beatles, and Willie Nelson have in common? They are all currently for sale as Citigroup attempts to unload big-four music giant EMI. Less than six months ago, competitor Warner Music Group sold for over 3 billion dollars, after receiving 20 bids, inspiring hope in the struggling traditional [...]Continue Reading →
On May 31, 2011 By Whitney Boshers May 31, 2011
Last Thursday, Google introduced Google Wallet, a new application allowing users to make transactions by waving their cellphones, rather than sliding credit cards. Keyed for phones with the Android operating system, Google Wallet will allow users to pay for items, redeem coupons, and earn loyalty points all in one wave. However, the application [...]Continue Reading →
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