Articles
Luxury Items in Short Supply
Posted Thursday, November 19, 2009 - 5:58am
Luxury retailers that have cut their inventories this season are already selling out of hot items, the New York Times reports. High-end stores, like Neiman Marcus and Saks (SKS), are treading carefully this holiday season, aware that consumer spending hasn’t yet bounced back entirely.
TAP Tagline:Luxury stores purposefully not selling as much as they could.
Norah Jones and Hulu Unintentionally Create Good Idea Having Nothing To Do With Norah Jones
Posted Wednesday, November 18, 2009 - 4:30pmNorah Jones is not really an actress. Yes, she was in that Wong Kar Wai movie My Blueberry Nights, but her career path does not exactly fit itself into Hulu’s wheelhouse. And yet today was her big debut; she now has an entire page dedicated to her on the streaming video site. Why?
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By Paul SmaleraPosted Wednesday, November 18, 2009 - 4:09pmIn October 2006, Reddit co-founders Steve Huffman and Alexis Ohanian decided it was finally time to sell. A year earlier, their Digg-like social-news Web site had attracted an offer from Google, but the founders wanted to keep developing the fledgling company in-house. This time, though, the buyer that came calling was not the 800-pound gorilla of search engines. It was the 800-pound gorilla of magazine publishing, the one wearing Gucci loafers and a Patek Philippe watch: It was Condé Nast.
TAP Tagline:Why Condé Nast Execs Don't Even Say Reddit Anymore.
Illustration by Jenny Livengood. Is Google Plotting a Super-Phone?
Posted Wednesday, November 18, 2009 - 2:53pmWe're used to Google (GOOG) doing something unexpected, or diving into a business no one could have foreseen. But the latest rumors are so completely counterintuitive that we have a really hard time believing them: Google is building its own smartphone. Not an operating system or software platform to hand out to handset manufacturers. Its own phone.
Can Anyone Swallow Cadbury Debt?
By Dan MitchellPosted Wednesday, November 18, 2009 - 1:54pmBloomberg News reports that Hershey and Italy's Ferrero are both "evaluating their options" for whether and how much to bid for Cadbury, the British confectioner for which Kraft Foods has made a hostile bid.
Toshiba's Floating Furniture
By Bernhard Warner and Matthew YeomansPosted Wednesday, November 18, 2009 - 12:01pmSurely you’ve heard about the Balloon Boy. Well, now there’s the Balloon Chair. In this ad designed to get everyone talking about Toshiba’s new flat-screen television, the views get cooler and cooler as a chair floats up to space. And, even better, this footage isn’t a fake-out!
Title: Space Chair Project
TAP Tagline:Toshiba Thinks Sending a Chair Into Space Will Make You Buy a TV
The Boss From Hell
By Jennifer Prediger and Win RosenfeldPosted Wednesday, November 18, 2009 - 9:23am
Goldman's Mea Culpa
Has the holiday spirit hit Goldman Sachs?
Latin TV Comes to YouTube
Well, it's finally here. Google (GOOG) and the Authors Guild finally unveiled their second attempt at setting up a settlement to the class action stemming from Google's Book Search project to digitally archive all human knowledge. And wouldn't you know it? It's not very interesting. Under the new agreement, an independent "fiduciary" would be set up to oversee and license the sale of orphan works, or books that are still under copyright but whose owners can't be found.
Why Cadbury is Like California
According to the Italian business newspaper Il Sole 24, Ferrero, the family-owned maker of Nutella spread and Kinder chocolates, might try to buy Cadbury (CBY) out from under Kraft Foods (KFT), which has mounted a hostile bid for the British confectioner.