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26 Apr 2010 23:05

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Biz: Craigslist’s “Adult Services” controversial, makes lots of money

  • $122
    million     expected revenues for the no-frills classified site in 2010 alone; at least 70 percent of that is pure profit (and mostly from employment ads)
  • $39
    million     in revenue will come from
    the controversial for-pay “Adult Services” section, made in the wake of the Craigslist Killer source
  • » Printing their own money: The site has a small staff for what it is, but despite that, it’s a total gold mine. For every employee Craigslist has (around 30), the company makes $4 million in revenue and at least $2.9 million in profit, a level so high you simply won’t find it anywhere else in the industry. We wish we made $3 million in profits per employee.
Posted by Ernie Smith • 0 Comments • Permalink

26 Apr 2010 22:33

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World: Manuel Noriega still in custody, but pretty well-traveled

  • Panama Noriega became de facto ruler in 1983 and, while in power was accused
    of election rigging and drug trafficking.
  • Miami After he was captured
    by the U.S., where he was convicted for drug trafficking, he was jailed for over 20 years.
  • Paris In 1999, Noriega was convicted in absentia on money laundering charges. He just got extradited today. source
Posted by Ernie Smith • 0 Comments • Permalink

26 Apr 2010 22:20

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Politics: Ultra-liberal major city to boycott ultra-conservative major state

  • We want to send a message. There are consequences when you target a whole people.
  • San Francisco City Supervisor David Campos • In calling for a boycott of the state of Arizona, along with companies based there, due to their newly passed immigration law – which critics say permits racial profiling. Which is a big freaking deal, kids. While the city is still unsure of the boycott’s economic impact, “We do know that we won’t be sending any city employees to conferences in Arizona,” according to Campos. The resolution will go in front of the city’s board on Tuesday. source
Posted by Ernie Smith • 2 Comments • Permalink

26 Apr 2010 21:57

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Culture: Hugh Hefner helps save the “Hollywood” sign, ’cause he’s awesome

The Playboy publisher donated the last $900,000 needed to help conserve the Tinseltown landmark. He calls the sign “Hollywood’s Eiffel Tower.” source
Posted by Ernie Smith • 0 Comments • Permalink

26 Apr 2010 21:38

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U.S.: We’re relying on robots to stop a huge oil leak in the Gulf of Mexico

  • 42k number of gallons of oil the leak is spewing out each freaking day
  • 5,000 number of feet underwater robots are working to fix the leak
  • three number of days from now the oil slick will hit the Louisiana shore source
Posted by Ernie Smith • 0 Comments • Permalink

26 Apr 2010 21:16

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Biz, U.S.: Our latest AOL News article tackles the SEC’s strange porn habit

  • Did some SEC employees have too much time on their hands? Last week, a lot of the buzz on the ‘net was around revelations that SEC staffers were caught looking at porn. But it’s not as bad as it looks. According to a study we found, 28 percent of people at your average cubicle farm (like this one) look at porn at work (we know, right?!). An internal investigation by the Securities and Exchange Commission nailed around one percent of their employees. And we think we know why they were so bored. Read our latest AOL News article for some insight. source
Posted by Ernie Smith • 0 Comments • Permalink

26 Apr 2010 20:57

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Biz: Wal-Mart’s bracing for a huge sex-discrimination lawsuit

  • one
    million     number of women that could
    sue Wal-Mart in a class action
    trial over unfair pay
  • nine
    years     amount of time this case
    has been winding through the
    federal courts source
  • » Oh, just an FYI: This court case is weeding its way through the Ninth Circuit Federal Appeals Court. Wal-Mart plans to appeal the case. If you remember our article from yesterday, this doesn’t bode well for the result.
Posted by Ernie Smith • 0 Comments • Permalink
 

26 Apr 2010 20:48

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Tech: Three things you should know about the Apple/Gizmodo investigation

Posted by Ernie Smith • 0 Comments • Permalink

26 Apr 2010 11:12

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Tech: Sony finally putting the floppy disk out of its misery

A sad, depressing, but ultimately necessary move. The floppy disk will, in some minds, always be like the vinyl record. Except square. source
Posted by Ernie Smith • 2 Comments • Permalink

26 Apr 2010 11:06

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Biz: The car rental business just got a little more consolidated

  • $1.2 billion for Hertz to buy, not rent Dollar-Thrifty source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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