Currently viewing the tag: "financial"

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 [...]

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Can’t Buy EMI?

On July 18, 2012 By Caitlin Angelette

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 [...]

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When $2 Billion is Not Enough…

On February 11, 2012 By Andrew Harline

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 [...]

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As Facebook Friends Wall Street, Legal Risks Grow

On February 9, 2012 By Niels Melius

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 [...]

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Citigroup kissed a girl and doesn’t like it

On October 22, 2011 By Samara Pals

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 [...]

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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 [...]

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At the onset of the current NFL lockout, I am rooting for the players. The details of the lockout make the NFL players look like oppressed blue-collar workers, and makes the NFL owners look like Uncle Scrooge. But I am worried.

In anticipation of the lockout, the National [...]

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House Republicans voted to prevent [subscription required] the Federal Communications Commission (FCC) from implementing new rules intended to regulate Internet Service Providers (ISPs). Specifically, the House Subcommittee on Communications and Technology, by a 15-8 vote along party lines, approved a measure that would invalidate FCC net neutrality rules intended to give the agency the [...]

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I wish I could say that when I buy wine, my choice depends on sophisticated concepts such as varietal, bouquet, and finish. But in reality, it often comes down to how pretty the label is.

Wine producers are well aware of how easily they can manipulate me and my fellow consumers through appealing [...]

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