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16 Jul 2009 20:03

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Biz: Moonfruit can thank Twitter for its insane rise in popularity

  • You can’t buy a campaign like that. It would have cost us millions.
  • Internet entrepreneur Wendy Tan-White • On the success of Moonfruit’s creative, Twitter-powered marketing campaign. The web hosting company gave away ten Macbook Pro laptops to people who used “#moonfruit” in their tweets, which pushed the hashtag to the top of the trending list. Since then, their website has seen a 200% rise in visits from the UK and an astounding 1,000% rise in visits from the US.  • source

16 Jul 2009 14:32

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Biz: JP Morgan follows the Goldman Sachs route to post-bailout profits

  • $2.7 billion JP Morgan’s profit this quarter, up 36% from a year ago and 27% from the last quarter; as you might guess, investors are giving each other high-fives right now source

16 Jul 2009 12:26

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Biz: In case you have any spare change … CIT Group could use it

  • $2 billion is needed in 24 hours or they’re going bankrupt, kids source

16 Jul 2009 10:39

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Biz, U.S.: Initial jobless claims dipped, but it was a deceptive dip

  • 522,000 the number of initial jobless claims last week, the lowest level since January, although that number’s deceptive source

15 Jul 2009 20:55

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Biz, Tech: The stock market is totally in love with Intel right now

  • Late Tuesday, Intel announced that they had estimated current quarter sales of $8.5 billion, which totally blew analysts’ numbers out of the water. Even better, their previous-quarter sales managed to top analysts’ numbers, too. Good to see someone’s doing really well.
  • cause
  • effect

14 Jul 2009 19:49

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Biz, U.S.: Ex-GM CEO Rick Wagoner says “ka-ching!” during a bankruptcy

  • $10 million retirement package, while his old company restructures source

14 Jul 2009 13:12

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Biz, U.S.: Here’s how Bernard Madoff shall henceforth be known

  • 61727-054 his prisoner number source
 

13 Jul 2009 22:24

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Biz, U.S.: Like scary numbers? ‘Course you do. Here’s a really scary one

  • $94 billion U.S. budget deficit in June; that’s a lot of change source

13 Jul 2009 15:47

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Biz, Music: Music in a nutshell: We’re getting it online, in hoards

  • 41.5% increase in digital sales last year. Conversely, physical sales dropped 43.5% in the same time span source

13 Jul 2009 14:14

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Biz: Oh, the neverending love affair between advertisers and social media

  • How can it be wrong if it feels so good? Marketing companies are realizing more and more that when it comes to selling products, a blogger’s seal of approval can go a long way. The devil is in the details though. How exactly do they get their hands on the product in the first place? The Federal Trade Commission wants to know, and might make it mandatory for online media publishing testimonials and reviews to disclose how they got the goods. source