Zuckie has done it again! With Facebook’s latest crazy acquisition—$2 billion in cash and stock for a virtual-reality goggles startup that has neither revenue nor even customers—it is now official: There isn’t a stock-market bubble, but Facebook itself is a bubble. Mark Zuckerberg’s buying binge looks like a disjointed food-fight strategy funded by Monopoly money: […]
This cartoon by Bruce Eric Kaplan in the January 20, 2014 issue of The New Yorker says it all. Never before in the history of mankind and communication have so many little people been granted so large a platform to air and share their views. The Internet revolution should have spawned a Renaissance of insight […]
Senator Dianne Feinstein of California must be suffering from whiplash. For months she has defended the NSA’s mass surveillance of billions of phone calls, e-mails, video chats and more, saying it safeguards the nation. “What keeps me up at night, candidly, is another attack against the United States. And I see enough of the threat […]
Hello guys. Today starts Week 5 of my first-ever stint in the ranks of The Unemployed. So this pretty much makes me an expert, right? Journos are like that. A month of furious outreach has yielded a passel of no’s and a foreboding sense that this could take longer than expected.
Oh now isn’t this rich: The SEC, stung by its failures in the biggest scam of all time (the Bernard Madoff Ponzi scheme), is hellbent on a search-and-destroy mission to mete out and vanquish all insider trading. Now a new report shows SEC staffers themselves are extremely effective insider traders. Researchers looked at 56 enforcement […]
A lot more is at stake than mere money in Comcast’s bold $45 billion bear hug of Time Warner Cable. It is a bid to amass the largest collection of cable systems in the world; a battle for clout against the broadcast networks and other content-makers; and a test of efforts to restrict cable with […]
Let’s admit it: No one reads “all” of anything anymore, nor wants to do so. It isn’t that we don’t have the time, it’s that we don’t make the time. So here are a few fast, quick thoughts on Comcast’s $45B bid for Time Warner Cable, one of the biggest media deals in years. In fewer than 600 words.
Sounding off on the minimum-wage debate. view
Markmonitor chief marketing officer Frederick Felman on how to avoid online scammers selling fake goods. view
Earnings HQ: Dennis breaks down DIS’s first-quarter earnings report. view