FaceBook

Alibaba’s not going to say it has zero faith in the Nasdaq following its not so great handling of the Facebook IPO but it’s not not going to say it has zero faith in the Nasdaq following its not so great handling of the Facebook IPO. Read more »

So he or she is buying some protection: $8.3 million worth. Read more »


It’s about lowlives who spread falsehoods about Michael Lewis, with a subplot about the guy’s mom. Read more »

Also, he got a deal on WhatsApp, for which he’s got a 5 year plan. Read more »

Are you Wall Street veteran, bank CEO, or otherwise high-ranking member of the financial services industry? Are you pretty good at the finance-y part of your job but totally lost when it comes to technology, specifically the vast and utterly confusing world of social media? Do you want to shell out $60k to not exactly learn how to navigate sites like LinkedIn, Twitter, Instagram, and the like, but walk away with the ability to produce a crude drawing of Facebook’s homepage? Consider today your lucky day: according to the Journal, there are now numerous scams willing to take your money…

Fearful their companies will fall behind because top bosses don’t have a firm grasp of technology or digital media, senior managers are taking lessons on how the Internet works. Some firms are pairing individual leaders with young mentors, while others are spending hundreds of thousands of dollars to teach the entire c-suite how to use social tools that most of their entry-level employees use without a second thought. The goal isn’t for the CEO to parse the difference between a “like” and “share” on Facebook or take a spin on the company Twitter account, though that is covered, too. Rather, instructors and managers say, a basic understanding of the digital landscape helps leaders make better decisions about what to invest in, as well as how to talk about it. In the past 18 months, teams of senior staffers from companies including American Express Co., NYSE Euronext and PepsiCo Inc. have gone to the Manhattan classrooms of General Assembly, which offers courses in coding and product design, to learn how to analyze data and think like a tech entrepreneur. A two-day program can cost $60,000.

…and in exchange, teach you how to: Read more »

  • 12 Dec 2013 at 3:26 PM

Facebook For Everybody!

Au revoir, Teradyne Inc. and Williams Cos.: The social network has arrived. Read more »

Yesterday afternoon, the SEC and the Department of Justice charged hedge fund manager, YouTube star, and prolific Tweeter Anthony Davian with fraud. Like any good alleged Ponzi schemer, Davian applied the “one pot of money” philosophy to his funds’ assets, and used investor cash to buy himself an Audi Q7 Prestige, build a palace the likes of which Akron, Ohio had never seen, and collect rare pens. As is typical in these kinds of cases, the benefit of hindsight allows those who witnessed the crime unfold in real time (clients, employees, etc) say “Well, of course it was a scam,” even if it wasn’t readily apparent at the time. Although not for a lack of trying on Davian’s part! Behold, the amazing list of red flags he dangled in people’s faces (uncovered by reporter Roddy Boyd), all but begging them to pause and say “Hey wait second, would a hedge fund manager running a legitimate and successful shop…” Read more »