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15 Jan 2009 22:35

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Biz, Tech: IBM has more stuff patented than you do

  • 4,186 patents granted to IBM in ’08 – a record source

15 Jan 2009 12:24

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Biz, Tech: Burger King wants you to lose your friends; Facebook says no.

  • Clever or evil? Burger King and their super-awesome advertising company, Crispin Porter + Bogusky, recently launched an app on Facebook called “Whopper Sacrifice” that would earn you a free Whopper if you ditched ten of your friends. source
  • Clever or evil? Burger King and their super-awesome advertising company, Crispin Porter + Bogusky, recently launched an app on Facebook called “Whopper Sacrifice” that would earn you a free Whopper if you ditched ten of your friends.
  • “Privacy issues” killed it While a seemingly smart idea, Facebook didn’t like the precedent it set, so the social networking site shut it down for privacy reasons – they were specifically upset that the program actually informed users they were getting ditched, which feels extra-cruel with a side of fries. source
  • Clever or evil? Burger King and their super-awesome advertising company, Crispin Porter + Bogusky, recently launched an app on Facebook called “Whopper Sacrifice” that would earn you a free Whopper if you ditched ten of your friends.
  • “Privacy issues” killed it While a seemingly smart idea, Facebook didn’t like the precedent it set, so the social networking site shut it down for privacy reasons – they were specifically upset that the program actually informed users they were getting ditched, which feels extra-cruel with a side of fries.
  • Pickle-ditched Despite the shutdown, the service left a definite impact – 233,906 friend-ditches by 82,771 cruel, hungry people who aren’t willing to spare a few bucks for the sake of their friend from French class in high school. That’s right, you’re less important than a burger, Mary. (Sorry, Mary. :( ) source

15 Jan 2009 11:43

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Biz, U.S.: VitaminWater not healthy? A consumer group says yes.

  • Coke markets VitaminWater as a healthful alternative to soda by labeling its several flavors with such health buzz words as ‘defense,’ ‘rescue,’ ‘energy,’ and ‘endurance.’
  • The Center for Science in the Public Interest • in a statement regarding its class-action lawsuit against Coke for making deceptive health claims about the drink that gave 50 Cent a huge payday. • source

15 Jan 2009 11:33

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Biz, U.S.: Breaking down a $825 billion stimulus package

  • $550 billion in initatives designed to create jobs source

15 Jan 2009 11:28

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Biz, U.S.: Another massive economic stimulus package is coming

  • $825 billion is earmarked in the upcoming stimulus bill source

15 Jan 2009 09:31

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Biz: Who says you can’t go home? The bank. Foreclosures are up.

  • 81% increase in forclosures from 2007 to 2008; the number tripled from 2006 to 2008. source

14 Jan 2009 17:26

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Biz, Tech: Steve Jobs on medical leave? SELL! SELL! SELL!

  • -8% loss in Apple’s stock after the announcement source
 

14 Jan 2009 17:22

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Biz, Tech: Steve Jobs tries to stop being the distraction

  • Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well.
  • Steve Jobs • in a letter informing his staff that he’s taking a leave of absence from Apple until June. He also learned that his health problems were more complex than once thought. • source

14 Jan 2009 13:43

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Biz: Gannett employees get unpaid vacation forced upon them

  • 5 days of furlough given to all Gannett employees, leaders on down source

14 Jan 2009 09:31

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Biz: Citi wants to play “good bank, bad bank”

  • The good bank. After years of attempting to be a “financial supermarket,” Citi’s looking to move back to its old ways. On Jan. 22, the corporation plans to shed its current approach and slim up. They will focus primarily on corporate, investment and retail banking. The company recently agreed to merge its Smith Barney brokerage with Morgan Stanley.
  • The good bank. After years of attempting to be a “financial supermarket,” Citi’s looking to move back to its old ways. On Jan. 22, the corporation plans to shed its current approach and slim up. They will focus primarily on corporate, investment and retail banking. The company recently agreed to merge its Smith Barney brokerage with Morgan Stanley.
  • The bad bank. Nearly one-third of Citi’s assets, or $600 billion, would be separated from the rest of the company, to eventually be sold off. By segregating the bad assets, the company could find itself on stronger ground in the long run, some analysts say. Citi was one of the recipients of some federal bailout money. They got $25 billion in October and another $20 billion in November.