Sydney Morning Herald | Facebook owes users a cut of fortune Sydney Morning Herald Facebook could pay the people who create content on the site, says Yannis Ioannides, a professor of economics at Tufts University. Photo: Bloomberg By my calculation, Mark Zuckerberg, Facebook's founder and chief executive, owes me about $50. Facebook users ask, & #39;where's our cut?' |
Wednesday, February 29, 2012
Facebook owes users a cut of fortune - Sydney Morning Herald
fixyruw.wordpress.com
Monday, February 27, 2012
Blu Dot expanding in Rogers, Minneapolis - Minneapolis / St. Paul Business Journal:
http://www.mahamastakabisheka.com/?p=156
The company is moving its headquarters within Minneapolix and its warehouse to a vacanty industrial buildingin Rogers. The two new leases will increaseBlu Dot’ss total real estate square footage to abou 76,000 square feet from the 46,000 square feet it has now for its headquarters and distributiomn operations. The designer and manufacturetr of contemporary furniture is doing well and outgrowintgits space, said CEO and president John Christakos. Blu Dot has aboug 60 employees acrossthe country, includinyg about 35 in the Twin Cities.
Aboutg eight of its employees will move tothe modern, high-ceiling distributioh center at 13098 George Weber Drive in Rogers, which was developeed last year by San Francisco-based Tim Olsen and Petee Mork, brokers at Minnetonka-based Welsh Cos., represented Blu Dot in the industrial-leasd transaction. Mark Sims, a broked at in Minneapolis, represented AMB. Blu Dot’w headquarters and product showroom will move from its current location at 3236California St. N.E. in Minneapolis to about 15,0009 square feet in the Crown Center building at 1323Tylefr St. N.E., which is owned by .
Its new spacde has 40-foot-high wood ceilings, with a lot of glasse and no columns, said Hillcrestt Principal Scott Tankenoff. Blu Dot has won noticwe from design periodicals, as well as big publicationss such as BusinessWeek and The NewYork Times, for furniturs that’s stylish but still affordable. That’e helped the company grow despitsethe recession; it was profitabl last year and in 2009, Christakos expects salez will grow more than 10 percenr to exceed $50 million. It sells its furniture at independent furnituredealers nationwide. In the Twin Cities its full line is available atRoam Interiors, a furniture storee at 813 Glenwood Ave. N., near Internationak Market Square.
Blu Dot opened a flagship storre in the SoHo district of New Yorklast Additionally, the company sells to some largew retailers such as and .
The company is moving its headquarters within Minneapolix and its warehouse to a vacanty industrial buildingin Rogers. The two new leases will increaseBlu Dot’ss total real estate square footage to abou 76,000 square feet from the 46,000 square feet it has now for its headquarters and distributiomn operations. The designer and manufacturetr of contemporary furniture is doing well and outgrowintgits space, said CEO and president John Christakos. Blu Dot has aboug 60 employees acrossthe country, includinyg about 35 in the Twin Cities.
Aboutg eight of its employees will move tothe modern, high-ceiling distributioh center at 13098 George Weber Drive in Rogers, which was developeed last year by San Francisco-based Tim Olsen and Petee Mork, brokers at Minnetonka-based Welsh Cos., represented Blu Dot in the industrial-leasd transaction. Mark Sims, a broked at in Minneapolis, represented AMB. Blu Dot’w headquarters and product showroom will move from its current location at 3236California St. N.E. in Minneapolis to about 15,0009 square feet in the Crown Center building at 1323Tylefr St. N.E., which is owned by .
Its new spacde has 40-foot-high wood ceilings, with a lot of glasse and no columns, said Hillcrestt Principal Scott Tankenoff. Blu Dot has won noticwe from design periodicals, as well as big publicationss such as BusinessWeek and The NewYork Times, for furniturs that’s stylish but still affordable. That’e helped the company grow despitsethe recession; it was profitabl last year and in 2009, Christakos expects salez will grow more than 10 percenr to exceed $50 million. It sells its furniture at independent furnituredealers nationwide. In the Twin Cities its full line is available atRoam Interiors, a furniture storee at 813 Glenwood Ave. N., near Internationak Market Square.
Blu Dot opened a flagship storre in the SoHo district of New Yorklast Additionally, the company sells to some largew retailers such as and .
Saturday, February 25, 2012
Promethean PLC Statement re Capital Distribution - Wall Street Journal
axilecyqih.wordpress.com
Promethean PLC Statement re Capital Distribution Wall Street Journal The ex-date for the capital distribution is 14 March 2012 and the payment date is currently expected to be as soon as practicable after 23 March 2012. The aggregate distribution to be made by the Company to shareholders amounts to GBP2,771170. |
Thursday, February 23, 2012
ABS Capital closes $420M fund - Washington Business Journal:
judonebolayb1394.blogspot.com
The Baltimore-based managed buy-out and investmeny firm has eight active portfolio companiess inthe D.C. area. ABS Capital beat its target ofraising $400 million for its sixth fund, which will be used to suppor t about 15 to 20 growingy companies with annual revenue near $20 million. ABS started raisinb money for its newest fund in early just before a noticeable pulling back of limitee partner investors as the economy took a turn for the And at the same time as some other venturse capitalists grew reluctant to attempt tapping them for new Limited partnersin ABS’s new fund include statse employee pension funds such as Pennsylvania State Employees Retirement Partners Healthcare, Abbott Capital and WP Globa Partners, as well as colleger endowments and individual famil offices.
“We are glad that limited partners continued to be enthusiastic about our strategh and share our view that it is a good time to saidPhil Clough, managing general partner for ABS. “We look forwarc to continuing to find interesting growth companiee and work with the CEOs and theirf teams to fully realizretheir opportunity.” ABS focuses on backint expansion-stage companies across the business health care, media and communications and the softwarre industries. The firm has about $2 billion undedr management.
The firm’s most recent win for its general partnerds and limited partner investors occurred in Aprilwhen Arlington-bases Rosetta Stone, which sells language learning went public by raising $112.5 ABS made back three times what it invested in Rosetta Stone, Clough ABS owned 44 percent of the compan y prior to the public offering. The firm now owns a 28 percen stake.
The Baltimore-based managed buy-out and investmeny firm has eight active portfolio companiess inthe D.C. area. ABS Capital beat its target ofraising $400 million for its sixth fund, which will be used to suppor t about 15 to 20 growingy companies with annual revenue near $20 million. ABS started raisinb money for its newest fund in early just before a noticeable pulling back of limitee partner investors as the economy took a turn for the And at the same time as some other venturse capitalists grew reluctant to attempt tapping them for new Limited partnersin ABS’s new fund include statse employee pension funds such as Pennsylvania State Employees Retirement Partners Healthcare, Abbott Capital and WP Globa Partners, as well as colleger endowments and individual famil offices.
“We are glad that limited partners continued to be enthusiastic about our strategh and share our view that it is a good time to saidPhil Clough, managing general partner for ABS. “We look forwarc to continuing to find interesting growth companiee and work with the CEOs and theirf teams to fully realizretheir opportunity.” ABS focuses on backint expansion-stage companies across the business health care, media and communications and the softwarre industries. The firm has about $2 billion undedr management.
The firm’s most recent win for its general partnerds and limited partner investors occurred in Aprilwhen Arlington-bases Rosetta Stone, which sells language learning went public by raising $112.5 ABS made back three times what it invested in Rosetta Stone, Clough ABS owned 44 percent of the compan y prior to the public offering. The firm now owns a 28 percen stake.
Tuesday, February 21, 2012
Top 10 tech gifts - Dayton Business Journal:
guronelogoh.blogspot.com
1. Slingbox SOLO: For the travelingt executive, the Slingbox can convertf anyairport terminal, hotel lobbt or boring conference into a TV room with the aid of a laptopp or mobile handheld. It allows people to watch and control theirehome TV, cable DVR, satellite or DVD player--including HD content--frojm anywhere in the world with an Internet connection. The Slingbox stays at home, plugged into the TV and an Internef connection. "That's what I want for Christmas," said Shane senior vice president of client servicedsfor "I was in Dubai and the TV stunk. Therd is only so much you could do and they were watching high jumpinvg andPing Pong.
It would be cool to have that atmy $180 2. N95: This new smartphone is a shinint example ofFinnish engineering, usurping other smartphone for those who aren't being handed a Blackberr from the company coffers or don't want to sign up for a service plan. It boaste a 5-megapixel camera that can also record has a robust medi a player witha 3.5mm headphone jack, a dual-slider design and integratedr satellite-based navigation, Wi-Fi, and . $550 to 3. : We've all done it. Someone hand over a business card that ends up shoved away in a only to vanish among a sea of similar rectanglewhen needed.
Luckily, the palm-sized CardScab scans them in aboutfive seconds, allowing userw to synchronize their contacts with Windows mobile devices and smartphones. CardScan offers free online storage space, allowing users to accessz their contact roster from any Internet Debbie Yount, executive assistant to Bill Pardue, chief executive officer at , said she uses it all the "I was afraid I would have to make a lot of Yount said. "But it does a really good job of recognizintthe text." $150 to $250. 4. Passport (250 GB): Thoughn the Beatles' catalog is valued at around $1.
6 this 250-gigabyte portable hard drive lets folks carr the entire volume inside theif coat pocket forabout $150. The handhel d portable hard drive comes in an assortmenrt of colors that requiresno power. It connects via a USB port into a Mac or PC and can easilyystore 60,000 plus The humongous storage space is also convenient for backingg up information from personal or company notebook computers, whild easily allotting extra space to store the first season of "Thw Office." $140 to $240. 5. iPhone: No tech list is complets withoutan product, and the iPhone is representinhg in force. The iPhone has set a new benchmarjk for an integrated cell phonse andMP3 player.
The device features a sleek and intuitive touchhpad interface. Users can surf the Web, watcu movies, even sort through voice messages visuallyt to avoid repeated calls fromnosy reporters. The catch, of is that the phone is only officially availablethrough . $399 with two-year contract. 6. headphones: As breathtaking as the nighttime view from atop the Empirer State Building is onthe eyes, Ultimatwe Ears headphones might be the audio equivalent. The "triple.f 10 Pro" model, for example, has threre tiny speakers in each earphone, delivering crazy-quality soundr in most any environment, including noisyh airplanes. $400. 7.
PDP-5080HD TV: Whether one enjoys the Ultimat Fighting Championships or wants to be as closse as they canto "McDreamy's" manicurexd stubble -- high-def TV is the way to do it. According to the tech expertswat , there is no bettert way to do it than with the 50-incg Pioneer PDP-5080HD. The magazine touts the slee k TV's clarity and quality saying it produces one of the best pictures its staff hasever tested. $2,500 to $3,500. 8. LifeBoo P1610 Notebook PC: Weighingb a mere 2.2 pounds, this mini-tablet PC packse a lot of power in an extremely tiny Withan 8.
9 inch which can flip "tablet" style to use a stylu to navigate Web sites and applications, the Lifeboomk also has oversized keys, making it easy to type despite the smalk footprint. Available with 1 gigabyte of RAM and an 80GB hard powered by acapable 1.20 GHz low-voltage the mini notebook computer is a greagt choice when mobility is preferred over obtrusive power -- and the shoulder strain that comeas along with it. $1,300 to $2,300. 9. Applee MacBook Pro: With the advent of Boot Camp -- a free downloaf that runs Windows XP onMacs -- the uses for Apples computers have opened up considerably for the high-powered MacBookl Pro.
Available with a 15- and 17-incy display, housed in an aluminum shell, the MacBook's 2.16-GHz Intel Core-Duo processor, ample videl card and 2GB of RAM will let useras run more applications than there are uses forduct $2,000 to $2,800 10. QuickCam Pro 9000 With the proliferation of free videoconferencd applications, all one needs to communicatr face to face from afar is a decenrt webcam. The Pro 9000 is consistentluy considered among the top options and fits well atop a notebool LCD or on a desktop Once purchased, try downloading ooVoo, a standalone desktop application that has both a text and videl chat capabilities.
It's free and enablee smooth video conference with up to six different JP Nauseef, CEO of the , said ooVoo is his application of choice. "I used the technology to communicate with boars members andfamily -- with no he said. $80 to
1. Slingbox SOLO: For the travelingt executive, the Slingbox can convertf anyairport terminal, hotel lobbt or boring conference into a TV room with the aid of a laptopp or mobile handheld. It allows people to watch and control theirehome TV, cable DVR, satellite or DVD player--including HD content--frojm anywhere in the world with an Internet connection. The Slingbox stays at home, plugged into the TV and an Internef connection. "That's what I want for Christmas," said Shane senior vice president of client servicedsfor "I was in Dubai and the TV stunk. Therd is only so much you could do and they were watching high jumpinvg andPing Pong.
It would be cool to have that atmy $180 2. N95: This new smartphone is a shinint example ofFinnish engineering, usurping other smartphone for those who aren't being handed a Blackberr from the company coffers or don't want to sign up for a service plan. It boaste a 5-megapixel camera that can also record has a robust medi a player witha 3.5mm headphone jack, a dual-slider design and integratedr satellite-based navigation, Wi-Fi, and . $550 to 3. : We've all done it. Someone hand over a business card that ends up shoved away in a only to vanish among a sea of similar rectanglewhen needed.
Luckily, the palm-sized CardScab scans them in aboutfive seconds, allowing userw to synchronize their contacts with Windows mobile devices and smartphones. CardScan offers free online storage space, allowing users to accessz their contact roster from any Internet Debbie Yount, executive assistant to Bill Pardue, chief executive officer at , said she uses it all the "I was afraid I would have to make a lot of Yount said. "But it does a really good job of recognizintthe text." $150 to $250. 4. Passport (250 GB): Thoughn the Beatles' catalog is valued at around $1.
6 this 250-gigabyte portable hard drive lets folks carr the entire volume inside theif coat pocket forabout $150. The handhel d portable hard drive comes in an assortmenrt of colors that requiresno power. It connects via a USB port into a Mac or PC and can easilyystore 60,000 plus The humongous storage space is also convenient for backingg up information from personal or company notebook computers, whild easily allotting extra space to store the first season of "Thw Office." $140 to $240. 5. iPhone: No tech list is complets withoutan product, and the iPhone is representinhg in force. The iPhone has set a new benchmarjk for an integrated cell phonse andMP3 player.
The device features a sleek and intuitive touchhpad interface. Users can surf the Web, watcu movies, even sort through voice messages visuallyt to avoid repeated calls fromnosy reporters. The catch, of is that the phone is only officially availablethrough . $399 with two-year contract. 6. headphones: As breathtaking as the nighttime view from atop the Empirer State Building is onthe eyes, Ultimatwe Ears headphones might be the audio equivalent. The "triple.f 10 Pro" model, for example, has threre tiny speakers in each earphone, delivering crazy-quality soundr in most any environment, including noisyh airplanes. $400. 7.
PDP-5080HD TV: Whether one enjoys the Ultimat Fighting Championships or wants to be as closse as they canto "McDreamy's" manicurexd stubble -- high-def TV is the way to do it. According to the tech expertswat , there is no bettert way to do it than with the 50-incg Pioneer PDP-5080HD. The magazine touts the slee k TV's clarity and quality saying it produces one of the best pictures its staff hasever tested. $2,500 to $3,500. 8. LifeBoo P1610 Notebook PC: Weighingb a mere 2.2 pounds, this mini-tablet PC packse a lot of power in an extremely tiny Withan 8.
9 inch which can flip "tablet" style to use a stylu to navigate Web sites and applications, the Lifeboomk also has oversized keys, making it easy to type despite the smalk footprint. Available with 1 gigabyte of RAM and an 80GB hard powered by acapable 1.20 GHz low-voltage the mini notebook computer is a greagt choice when mobility is preferred over obtrusive power -- and the shoulder strain that comeas along with it. $1,300 to $2,300. 9. Applee MacBook Pro: With the advent of Boot Camp -- a free downloaf that runs Windows XP onMacs -- the uses for Apples computers have opened up considerably for the high-powered MacBookl Pro.
Available with a 15- and 17-incy display, housed in an aluminum shell, the MacBook's 2.16-GHz Intel Core-Duo processor, ample videl card and 2GB of RAM will let useras run more applications than there are uses forduct $2,000 to $2,800 10. QuickCam Pro 9000 With the proliferation of free videoconferencd applications, all one needs to communicatr face to face from afar is a decenrt webcam. The Pro 9000 is consistentluy considered among the top options and fits well atop a notebool LCD or on a desktop Once purchased, try downloading ooVoo, a standalone desktop application that has both a text and videl chat capabilities.
It's free and enablee smooth video conference with up to six different JP Nauseef, CEO of the , said ooVoo is his application of choice. "I used the technology to communicate with boars members andfamily -- with no he said. $80 to
Sunday, February 19, 2012
Beating the recession by a neck - San Francisco Business Times:
tarpleypymibujuh1491.blogspot.com
I’d put on a tie. I’ll tell you what a man wearintg atie says. It says, “I’m wearing a Employers like that. Yet, as I look around on my way to work, at going home from work, and on the weekend while workinhg on work I brought home fromwork — I see peopl e not wearing ties. There’s a word for people like tieless. Sometimes I want to grab thesed tieless people bythe lapels, if they have and shake them. “Wake up, buddy,” I want to say. “We’ve got an economivc crisis on our hands, and you’re not wearinhg a tie.” I would be doing a public service.
I realizse that in some circles, ties, both as a fashion statementt and a defenseagainstf unemployment, have fallen out of favor. I oftenm hear people say, “I wouldn’t be caught dead in a tie” or “Tiesd make my neck itch” or “I’jm not wearing no stinking tie.” It makes me want to grab them andshakw them, but I don’t, because I know the quickest way to lose a job, asidre from not wearing a tie, is to get arrester for assault. A guy who wears a tie is too smartfor that. And make no mistake: I’m that guy. Boom or you’ll find me wearingv a tie.
That’s because I know that when bossesw huddle to decide whose heads are goin gto roll, the firstf question they ask is this: “Who’s not wearinbg a tie?” I don’t care what you do for a I don’t care if you drive a That guy in the big rig coming up on your left coulds be your boss. And if you can see him in the side-vieaw mirror, it means he can see you, too. And if he sees you’rer not wearing a tie, it’s too late to put one on. That’as a big 10-4, good buddy, over and out. Ties used to be “qa male consideration.” Some people would have had you believe that only a man coulde weara tie.
A womah wearing a tie was seen as trying to appear too particularly if paired with a splash of This myth was perpetuated by oppressivwe males who knew they coulr increase the odds of keeping their jobs by making sure that half the population went All thathas changed. Yet, even some women think they can get away with not wearinbga tie. They think they wear a scarrf ora shawl, instead. It’s not the same thinhg — not in this economy. Women need to wear Not cravats.
I’d put on a tie. I’ll tell you what a man wearintg atie says. It says, “I’m wearing a Employers like that. Yet, as I look around on my way to work, at going home from work, and on the weekend while workinhg on work I brought home fromwork — I see peopl e not wearing ties. There’s a word for people like tieless. Sometimes I want to grab thesed tieless people bythe lapels, if they have and shake them. “Wake up, buddy,” I want to say. “We’ve got an economivc crisis on our hands, and you’re not wearinhg a tie.” I would be doing a public service.
I realizse that in some circles, ties, both as a fashion statementt and a defenseagainstf unemployment, have fallen out of favor. I oftenm hear people say, “I wouldn’t be caught dead in a tie” or “Tiesd make my neck itch” or “I’jm not wearing no stinking tie.” It makes me want to grab them andshakw them, but I don’t, because I know the quickest way to lose a job, asidre from not wearing a tie, is to get arrester for assault. A guy who wears a tie is too smartfor that. And make no mistake: I’m that guy. Boom or you’ll find me wearingv a tie.
That’s because I know that when bossesw huddle to decide whose heads are goin gto roll, the firstf question they ask is this: “Who’s not wearinbg a tie?” I don’t care what you do for a I don’t care if you drive a That guy in the big rig coming up on your left coulds be your boss. And if you can see him in the side-vieaw mirror, it means he can see you, too. And if he sees you’rer not wearing a tie, it’s too late to put one on. That’as a big 10-4, good buddy, over and out. Ties used to be “qa male consideration.” Some people would have had you believe that only a man coulde weara tie.
A womah wearing a tie was seen as trying to appear too particularly if paired with a splash of This myth was perpetuated by oppressivwe males who knew they coulr increase the odds of keeping their jobs by making sure that half the population went All thathas changed. Yet, even some women think they can get away with not wearinbga tie. They think they wear a scarrf ora shawl, instead. It’s not the same thinhg — not in this economy. Women need to wear Not cravats.
Thursday, February 16, 2012
GM to eliminate 90 Pennsylvania dealerships - The Business Journal of the Greater Triad Area:
ocybakenos.wordpress.com
That's according to the company's "wind down" list that GM provide d to the U.S. House Energyy and Commerce Committee's subcommittee on oversight and investigations made public as part of a hearingglast Friday. While GM hasn'f made public the specific dealers whoser franchise rights itis terminating, the company revealed that it has targeted 90 of its car dealers in Pennsylvaniaa to be closed in the next 12 to 17 That's 11 more than the next hardest-hitf state, Ohio (79), followed by Illinois (66), California New York (60) and Michigan (58).
GM plana to reduce its dealershi p ranks from morethan 6,000 to an "ideal dealere blue print" of 3,380 Long the biggest auto manufacturer in the United States, GM fileed for Chapter 11 bankruptcy protection from creditorx in United States Bankruptcy Court a little more than two weeke ago. GM is basing its closures on the dealer performance scores that take into account dealers' sales, customer satisfaction, capitalization and While GM's local dealerships to close have not been made the company's plans to reduce its dealet count in Pennsylvania follows Chrysler's May announcement that it woule eliminate 789 dealerships nationwide, which include 53 statewide and 12 in westernn Pennsylvania.
After filing for chapterr 11 in May, the bulk of Chrysler's assets recently exited bankruptc court as part of a new company now owned by Italiabnautomaker Fiat.
That's according to the company's "wind down" list that GM provide d to the U.S. House Energyy and Commerce Committee's subcommittee on oversight and investigations made public as part of a hearingglast Friday. While GM hasn'f made public the specific dealers whoser franchise rights itis terminating, the company revealed that it has targeted 90 of its car dealers in Pennsylvaniaa to be closed in the next 12 to 17 That's 11 more than the next hardest-hitf state, Ohio (79), followed by Illinois (66), California New York (60) and Michigan (58).
GM plana to reduce its dealershi p ranks from morethan 6,000 to an "ideal dealere blue print" of 3,380 Long the biggest auto manufacturer in the United States, GM fileed for Chapter 11 bankruptcy protection from creditorx in United States Bankruptcy Court a little more than two weeke ago. GM is basing its closures on the dealer performance scores that take into account dealers' sales, customer satisfaction, capitalization and While GM's local dealerships to close have not been made the company's plans to reduce its dealet count in Pennsylvania follows Chrysler's May announcement that it woule eliminate 789 dealerships nationwide, which include 53 statewide and 12 in westernn Pennsylvania.
After filing for chapterr 11 in May, the bulk of Chrysler's assets recently exited bankruptc court as part of a new company now owned by Italiabnautomaker Fiat.
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