Category: COMMERCE

Facebook Seeking IPO With Market Cap Of $86 Billion

May 3, 2012 | By | Add a Comment

Facebook plans to price its initial public offering at between $28 and $35 per share, which could value the company at about $86 billion, according to a new regulatory filing.

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News Corp Case Shows A Cap On Media Ownership Is The Way Forward

News Corp Case Shows A Cap On Media Ownership Is The Way Forward

April 30, 2012 | By | Add a Comment

The lessons from the Leveson inquiry are clear: the hold on our media of proprietors like Murdoch must be restricted.

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University of Utah Students Win $100,000 With Quantum Dot Tech

University of Utah Students Win $100,000 With Quantum Dot Tech

April 26, 2012 | By | Add a Comment

SALT LAKE CITY–(BUSINESS WIRE)–Quantum dots might be the next big thing in the electronic industry. Scientists are just starting to understand the uses for these man-made, semiconductor nanocrystals.

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Former Yahoo Boss And Husband Agree $71 Million Divorce

Former Yahoo Boss And Husband Agree $71 Million Divorce

April 24, 2012 | By | Add a Comment

A titanic five-year divorce battle between Susan Decker, the former president of internet giant Yahoo, and her investment banker husband has been settled in an agreement compared to the “The Treaty of Versailles.”

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Netflix Non-US Losses Hit $100m But Subscribers Increase

Netflix Non-US Losses Hit $100m But Subscribers Increase

April 24, 2012 | By | 7 Comments

Online media provider reports major losses in non-US business in first quarter after UK launch, but 1.2 million new subscribers.

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Tech Tycoons In Asteroid Mining Venture

Tech Tycoons In Asteroid Mining Venture

April 24, 2012 | By | Add a Comment

Google bosses Larry Page and Eric Schmidt join Avatar director James Cameron in megamillion-dollar plan to make sci-fi reality.

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Apple: Why Doesn’t It Employ More US Workers?

Apple: Why Doesn’t It Employ More US Workers?

April 23, 2012 | By | Add a Comment

The electronics giant assembles its gadgets in China. But, according to new research, if it moved its production home, it would still be hugely profitable and create thousands of jobs.

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Google V Oracle: A Far-Reaching Trial Of Characters As Much As Copyright

April 20, 2012 | By | Add a Comment

Google’s battle with Oracle may have far-reaching patent implications, but the lay jury will rule by more personal criteria.

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US Justice Department Sues Apple Over E-Book Prices

April 11, 2012 | By | Add a Comment

The Justice Department accuses Apple and five publishing houses, including HarperCollins, Macmillan, Penguin, Simon & Schuster and Hachette, that they conspired to fix the prices of e-books.

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ALEC Blasts ‘Intimidation Campaign’ Against Its Corporate Members

ALEC Blasts ‘Intimidation Campaign’ Against Its Corporate Members

April 11, 2012 | By | Add a Comment

The influential American Legislative Exchange Council on Wednesday blasted a public-shaming campaign started by liberal and progressive groups, which has led major members to cut ties with the organization.

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Why Gasoline Isn’t $4 Per Gallon Nationally

Why Gasoline Isn’t $4 Per Gallon Nationally

April 11, 2012 | By | Add a Comment

The recent surge in U.S. gasoline prices may be stalling thanks to a growing supply of crude oil and a retreat by speculators in the futures market.

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McDonald’s Is Fifth Corporation To Drop ALEC Membership In A Week

April 10, 2012 | By | Add a Comment

Hours after the Center for Media and Democracy (CMD) and other progressive groups publicly called on McDonald’s to drop its membership in the American Legislative Exchange Council (ALEC), the fast food giant announced it has left the organization.

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Gates Foundation Drops ALEC

Gates Foundation Drops ALEC

April 10, 2012 | By | Add a Comment

It’s been a rough week or two for the American Legislative Exchange Council, the corporate-backed group that writes model legislation for state legislators on everything from voter ID to privatizing public schools to curbing workers’ rights.

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Keep Rising Gas Prices in Perspective

Keep Rising Gas Prices in Perspective

April 9, 2012 | By | Add a Comment

It’s all over the news: rising gasoline prices. And it’s important because gasoline in many ways is the lifeblood of our economy.

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Kraft Ends ALEC Membership, Joining Coca-Cola and Pepsi

Kraft Ends ALEC Membership, Joining Coca-Cola and Pepsi

April 6, 2012 | By | Add a Comment

Kraft Foods Inc. became the third major corporation to end its relationship with the American Legislative Exchange Council (ALEC), a right-wing group that advances voter suppression efforts and other controversial laws to state legislators, the company announced late Thursday night.

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Intuit Is Now The Fourth Company To Drop Voter Suppression Group ALEC

Intuit Is Now The Fourth Company To Drop Voter Suppression Group ALEC

April 6, 2012 | By | Add a Comment

Software company Intuit, the makers of programs such as Turbo Tax and Quicken, announced today that they will join Coca-Cola, PepsiCo and Kraft as the fourth company to end their partnership with the right-wing American Legislative Exchange Council this week.

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Coca-Cola Dumps ALEC

April 5, 2012 | By | Add a Comment

Public interest groups campaigning to convince Coca-Cola to break ties with the American Legislative Exchange Council (ALEC) scored a major victory yesterday when Coke announced it had “elected to discontinue its membership with” ALEC.

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PepsiCo Ends Partnership With Right-Wing Front Group ALEC

April 4, 2012 | By | Add a Comment

PepsiCo, the world’s second largest beverage company, has ended its partnership with ALEC, the controversial right-wing group that lobbies for voter suppression efforts. Pepsi’s move, which actually came in January but was first reported this morning by NPR, may also have had a role in compelling Coca-Cola to drop its support for ALEC.

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The Wild, Off the Mark Arguments Against the Volcker Rule

The Wild, Off the Mark Arguments Against the Volcker Rule

April 3, 2012 | By | 2 Comments

Big banks are formulating a host of arguments — wild, off the mark arguments — aimed at dismantling the Volcker Rule firewall between loan-making, customer-serving banks and high-risk hedge funds.

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James Murdoch Quits As BSkyb Chairman

April 3, 2012 | By | Add a Comment

James Murdoch has finally relented to shareholder pressure and quit as chairman of BSkyB, the satellite broadcaster.

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