And it lands dead on arrival. The stakes are high for the software company as it battles attacks on its home market of the desktop PC from fellow monopolist Google and their Chromebook offerings. Having […]
Category: MOOLAH
TGIF: Google Has A Bad Day Amid A Bad Week
Search and mobile phone monopolist Google must be thankful it’s Friday. The company, already having a bad week due to the EU announcing its intent to prosecute the giant over abuse of dominant position in […]
Banker Admits Investment Banking Fees Terrible For Companies
Ed Clark, former CEO of Canadian banking behemoth TD, stated this morning that he would not allow banks to ‘skin us’ on fees related the upcoming IPO of his company Hydro One. The comment should […]
Why American Auto Companies Shouldn’t Fear The Chinese
News broke this morning that Chinese automaker Geely is coming to America. Eventually. With one single vehicle, a small crossover SUV based on a shared platform with Volvo. Production is slated to begin in late […]
Why Square Is Now Doomed
Formerly red hot payments company Square is now in the payday-loans-for-small-business space, to the tune of $100 million. This is a troubling development that does not bode well for the company. We learned today that […]
Cirque du Soleil Rumoured To Be For Sale
Cirque du Soleil, the company credited with bringing life back into the circus with its unique combination of dance, gymnastics, digital media and advanced technology to create captivating experiences, could be for sale. Reports indicate […]
Slack Raises $160 Million at $2.8 Billion Valuation
Slack, the red hot Vancouver-based business communications company, raised a new $160 million round. The investment features a number of heavyweights, such as Horizons Ventures, Digital Sky Technologies (DST Global), Index Ventures, Spark Capital, and […]
Major Changes Coming To Google
This week the European Union’s competition commissioner announced it had taken the first steps toward fining Google for abusing its dominant position in search. Specifically the EU Commission believes the company has abused its dominant […]
Former Fed Chairman Joins World’s Most Levered Hedge Fund
The NYT today reports that former Federal Reserve chairman Ben Bernanke will join the world’s most leveraged hedge fund, Citadel Advisors, as, well, an ‘advisor’. Mr Bernanke will “offer his analysis of global economic and […]
What People Are Missing About The Yahoo Search Deal
Some so called Yahoo ‘experts‘ were quick to praise CEO Marissa Mayer for the new search deal agreed this morning with Microsoft. But this deal changes little for Yahoo’s dying search business. Specifically, it doesn’t […]