Text

Google Celebrates its 10th Anniversary as a Public Company

Google

Google Doodle.

Earlier this month, Google celebrated its 10th anniversary as a public company. The search engine giant was originally listed on New York’s Nasdaq Stock Market on August 19th, 2004. Since then, Google has become worth almost 15 times more than it was on this day; at an astounding value of $391.36 billion, it’s easily one of the world’s largest companies. Google has also invested in…

View On WordPress

Text

How Much Are Competing Companies Willing to Bid for #Wine?

Treasury Wine Estates

IMG: via Treasury Wine Estates

TPG Capital Management and Kohlberg Kravis Roberts (KKR) must really love wine – both private equity firms have made significant bids on Australia’s Treasury Wine Estates.

Treasury Wine Estates, which owns popular wines such as Penfolds and Rothbury Estate, announced on Monday that it had received a bid from TPG Capital, competing with KKR’s $3.2 billion buyout…

View On WordPress

Text

#Target to Stay Open Late

Target

ValeStock / Shutterstock.com

Target has decided to keep half of its U.S. stores open past midnight in order to cash in on late night shoppers. Traditionally, Target’s 1,800 stores open at 8 a.m. and close at 10 p.m. Monday-Saturday, closing at 9 p.m. on Sunday. Its new expanded hours will give night owl shoppers a few extra hours each night, hopefully bringing in more revenue for the retailer,…

View On WordPress

Text

App-Based Taxi Service Uber Banned in Germany…For Now

Uber, an app-enabled taxi service, faced set backs in Germany recently when the
Berlin city government voted to ban its use. Citing concerns over passenger safety,
Berlin ruled that Uber allows “unverified drivers in unlicensed vehicles” to transport
passengers. Uber also does not include insurance in case of accident or injury.
The company is likely to face €25,000 fines if they violate the ban…

View On WordPress

Text

@Google to Sell Mystery Barges

Google Logo

IMG: via Google

The sudden discovery that Google owned barges led to great bewilderment and fascination when news broke about it last year. Google eventually confirmed that it owned the barges; when reports emerged about the location of one in Stockton, CA and another in Portland, Maine, the leading technology company claimed they were being turned into“an interactive space where people can learn…

View On WordPress

Text

#IBM’s TrueNorth Allows Computers to Mimic the Human Brain

IBM

IMG: via IBM

For the second time, IBM has created a processor that thinks and acts like a human brain. Code-named “TrueNorth,” the chip has 5.4 billion transistors and a network of 4096 neurosynaptic cores, out-doing its first-generation counterpart from 2011 by hundreds of thousands of synapses.

“It’s a new landmark of the brain-inspired computers,” says Dharmendra Modha, IBM Research fellow.

“O…

View On WordPress

Text

Despite Successful Second Quarter, BIS Warns Against Lowered Interest Rates #economy

Financial Crisis

Financial Crisis IMG: via Shutterstock.

With the United States and global economy beginning to slowly recover from the 2008 financial crisis, there has been an increase in the call for new debt ratings and bond issuances. This has caused Moody’s profit revenue to surge even higher than analysts expected.

Moody’s CEO Raymond McDaniel stated thatthe second quarter results reflected “healthy market…

View On WordPress

Text

Lorde to Write, Perform, and Pick Artists for Mockingjay – Part 1 Soundtrack

The Hunger Games: Mockingjay - Part 1 Poster.

The Hunger Games: Mockingjay – Part 1 Poster. IMG: via Lionsgate.

The Hunger Games series is known for recruiting great artists for their soundtracks. Taylor Swift sang and wrote “Safe and Sound” for the first movie, The Hunger Games. Other popular artists include Coldplay, Maroon 5, Christina Aguilera, Arcade Fire, Miranda Lambert, and more. The “Royals” sing, Lorde, will be creating and singing…

View On WordPress

Text

Vevo Restructures Assets Before Sale

Vevo

IMG: Vevo

If you’ve ever watched music videos online, you’ve likely watched the majority of them on Vevo. The video hosting service, which is partners with YouTube, reportedly generates six billion views each month, and is considered a crucial factor in YouTube’s success, and to that of the music industry at large.

Over the last few months, many speculations have been made about how the popular…

View On WordPress

Text

Forbes Names Best Places in America to #Work

Raleigh, North Carolina

Raleigh, North Carolina. IMG: via Shutterstock

There are a plethora of lists naming the best places to live in America, visit in America, eat in America, and even sleep in America. These lists are often lighthearted and interesting, but aren’t particularly meaningful. Forbes took a different approach to this kind of “Best of…” compilation and recently released its 16th annual list of the best…

View On WordPress