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The Next Financial Crisis Will Be Hellish And It’s On Its Way–Forbes

June 8, 2011

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Great Speculations from Forbes notes: “There is definitely going to be another financial crisis around the corner,” says hedge fund legend Mark Mobius, “because we haven’t solved any of the things that caused the previous crisis.” We’re raising our alert status for the next financial crisis. We already raised it last week after spreads on […]

Can’t Invest In Twitter Or Facebook? Take A Look At Sina Weibo–Forbes

June 8, 2011

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 The headlines throwing around huge valuations for Twitter and Facebook are just a tease for most investors, who can only watch as elite funds buy and sell closely held shares in these private companies. But one of China’s leading social networks is publicly traded in the U.S., on Nasdaq: Sina Corp., with its popular microblog […]

Groupon Plans I.P.O. With $30 Billion Valuation–New York Times

June 6, 2011

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As Groupon would say, the deal is on. The social buying site on Thursday filed to go public, a hotly anticipated debut that could raise $3 billion, according to two people close to the company who were not authorized to speak publicly. At that level, the company would be worth roughly $30 billion, surpassing the […]

Pandora’s Sales More Than Double as IPO Looms–Bloomberg Businessweek

June 2, 2011

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Bloomberg Businessweek reports: First-quarter revenues at Pandora rose 136 percent year-over-year as the Internet music company said it expects to complete a $100 million initial public offering by the end of June. Pandora Media Inc., the Internet-music company preparing for an initial public offering, said revenue more than doubled last quarter and its user base […]

Greenlight’s Einhorn Says Microsoft Should Replace Ballmer–Bloomberg Businessweek

May 26, 2011

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Greenlight Capital Inc. President David Einhorn called for Microsoft Corp.’s board to replace Chief Executive Officer Steve Ballmer, saying the software maker suffers from “Charlie Brown management.” Ballmer is weighing on the company’s share price, Einhorn said yesterday at the Ira Sohn Investment Conference in New York. Even so, he recommended Microsoft shares because the […]

The Problem with Nomadic Megabanks–Fortune

May 26, 2011

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Behold an exciting new feature of the post-bailout era: the megabank that wanders the globe with the weapons of financial mass destruction strapped to its chest. UBS (UBS), the giant Swiss bank that took $59 billion in bailout funds three years ago in addition to billions of dollars in conveniently cheap Fed loans, is chafing […]

Facebook To Launch Music Service With Spotify–Forbes

May 25, 2011

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  Facebook has partnered with Spotify on a music-streaming service that could be launched in as little as two weeks, sources close to the deal have told Forbes.   The integrated service is currently going through testing, but when launched, Facebook users will see a Spotify icon appear on the left side of their newsfeed, […]