Can anyone explain to me what they’re doing here?
“Is venture capital a sexist industry?” -David Kirkpatrick, moderating the all-male investing panel at TechCrunch Disrupt
The Supreme Court agreed on Monday to hear an Obama administration appeal arguing that attorneys, journalists and human rights groups have no right to sue over a law making it easier for U.S. intelligence agencies to eavesdrop on foreign communications.
This is why it’s not at all surprising to see Booker going to bat for private equity. The allies he’s cultivated on Wall Street and in the financial industry (think, for instance, of his chummy relationship with Michael Bloomberg) have made Booker a prolific fundraiser, and when he ventured into the ultra-expensive statewide game, he’ll need them more than ever. Many of them have turned fiercely against Obama over the past few years, convinced that he’s unfairly targeted them. Booker’s words on “Meet the Press” may have enraged the average Obama supporter, but to the Wall Street class they were probably close to heroic – finally, a big-name Democrat with the cojones to call out Obama on his class warfare!
The Booker calculation, in other words, is probably that the average Democratic voter’s memory of his outburst will fade long before 2014 – but that the average Wall Street donor’s won’t.
GUYS!! What is THIS? What is this ATOLL of FUN?!
Where can we find one? And when are WE ALL going? Tumblr Field Trip!
Have you seen anything more amazing?!
Everyone pack your Chevron Kate Spade swimsuits, and find a shade of Essie that matches your stack, we’re going on vacation!
stop the presses because I just saw this nonsensical atoll of fun. leaving work now. TOODLES.
I’ll totally trade in that +Pool thing to have one of the Kickstarter-ed and put into the East River
That’s actually Peter Thiel’s floating tech incubator
You’re at a Parisian café, and you’re reading your Sartre book and you’re reading Le Monde and you’re thinking of the big issues of the world and you see there’s a dog under the table next to you and you pet the dog. You don’t suddenly become stupid when you pet the dog.
They don’t care if you call it racist. “In Obama’s America, the white kids now get beat up with the black kids cheering,” says Limbaugh.
It seemed the perfect combination. Social phenomenon Facebook taken public by white shoe firm Morgan Stanley on the tech-heavy Nasdaq. Instead, it turned into an embarrassment. Here's a blow-by-blow account of the fumbled IPO. (May 25, 2012)
Nasdaq's Facebook blunder may not be a knockout blow, but could cause the next wave of IPOs to list on other exchanges, according to Thomas Caldwell, CEO of Caldwell Asset Management.
JP Morgan sold about $25 billion dollars of valuable securities in order to cover a $2 billion trading loss. That, according to Reuters Alwyn Scott, only adds to the bank's woes. (May 25, 2012)
May 25 -- A new space age begins as the first privately owned vessel reaches the International Space Station. Space Exploration Technologies, or SpaceX, docked its Dragon cargo ship one week after an aborted rocket launch. Rough Cut (no reporter narration).
Felix Salmon says newspapers should charge for early access to breaking news. But will his idea corrupt journalism? GigaOm's Mathew Ingram takes his proposal to task. (May 25, 2012)
Investors may not have a clue what they're paying their money managers or they type of service they're getting, or, whether they can actually negotiate lower fees. Lauren Young gives us a white board lesson in this episode of Money Clip. May 25th, 2012
Investors in venture capital fair poorly while the firms make out like bandits, according to a major study by the Kauffman Foundation. Felix Salmon has a frank conversation with Diane Mulcahy, Director of Private Equity for the Kauffman Foundation. (May 24, 2012)
Democrats and Republicans have grown more extreme in their positions, but the GOP has truly become radicalized in its efforts to undo legislative accomplishments dating back nearly a century, say authors Norman Ornstein and Thomas Mann in this episode of Fast Forward. (May 25, 2012)
The Democratic party wants to preserve the legislative accomplishments of the last 100 years, while GOP radicals want to upend conventions dating back to Theodore Roosevelt, say authors Norman Ornstein and Thomas Mann in this episode of Fast Forward. (May 25, 2012)
Republican opposition to nearly every one of President Obama's programs is not based on ideology but instead is aimed at ensuring the administration's failure, say authors Norman Ornstein and Thomas Mann in this episode of Fast Forward. (May 25, 2012)
Hollywood is taking high-stakes movie-making to a new level. It has produced five summer films with production budgets of $200 million or more, including this weekend's "Men in Black 3." That means they need to make $2.5 billion just to break even. Reuters Media Editor Peter Lauria explores Hollywood's expensive gamble. (May 24, 2012)
Extreme couponers put hours a day into figuring out how to spend just a few bucks for a shopping cart full of goods. The phenomenon has seeped so far into American culture that couponers have even become reality TV stars. Hitha Prabhakar spends a day with a couponing master who put her expertise to the test at a supermarket. (May 24, 2012)
Facebook's initial public offering will go down in the annals of Wall Street infamy. But what exactly happened? Columbia Business School Professor Charles Jones has the answers. (May 23, 2012)
When it comes to judging a company's worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook's shares are worth less than $10. Thomson Reuters analyst Jharonne Martis breaks down the math in this episode of Investing 201. (May 23, 2012)
Notorious for their brutality, the Zetas are now the most powerful drug cartel in Mexico. Reuters senior correspondent Ioan Grillo says Mexican authorities now fear the Zetas' model of organized crime may become the new norm. (May 23, 2012)
Pakistan threatens to become one of the largest foreign policy failures of Obama's presidency, argues Reuters columnist David Rohde. (May 23, 2012)
Facebook shares plummeted further on day two when the stock dove more than 10 percent to a new low of $33.00. (May 22, 2012)
Police and anti-NATO demonstrators sparred on Chicago's streets and military veterans tossed their medals in protest, while NATO representatives huddled in Chicago's McCormick Place to plan the withdrawal of troops from Afghanistan. (May 21, 2012)
Reuters' Andy Sullivan and Sam Jacobs break down how President Obama or Mitt Romney can piece together an electoral win in November. (May 21, 2012)
After trailing President Barack Obama badly on the money front for most of the campaign, Mitt Romney posted an impressive surge in April, nearly matching Obama's $43 million haul for the month. Meanwhile, super PACs supporting Romney continue to outpace the pro-Obama super PAC, Priorities USA, in donations. (May 21, 2012)
Facebook shares, which opened at 11 percent, closed at $38.23 after a nail-biting last half hour of trading when the shares dipped to their $38 IPO price. (May 21, 2012)
Reuters Social Media Editor Anthony de Rosa leads a discussion about Facebook's debut on the Nasdaq Stock Market. He talks with Wired's John Abell, Reuters' Lucy Marcus and NYU professor of finance Aswath Damodaran. (May 18, 2012)
A 19-year study shows that the shares of companies such as Facebook that choose a dual-class stock structure actually outperform their single-class peers. (May 21, 2012)
Facebook's IPO: Has Mark Zuckerberg reinvented life as we know it, or is he more important than that? (MaY 18, 2012)
May 18 - At the launch ceremony of Facebook's IPO, CEO Mark Zuckerberg tells employees and supporters to stay focused as the company enters a new phase as a publicly traded company. Rough Cut (no reporter narration).