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In an unprecedented move for a major Internet economy, the government of Egypt appears to have cut off web access for most of its citizens. It comes as protestors prepare for a big weekend of demonstrations against Hosni Mubarak, who has been the country's president for nearly 30 years. The shut [...]
Parmy Olson Disruptors New Post
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The chairman of one of China's largest financial information companies has formally become the country's newest billionaire after a successful listing at the Shanghai Stock Exchange today. Shares in Shanghai Great Wisdom closed at 25.38 yuan, or about $3.85, up from their IPO price of 23.20 yuan. Chairman Zhang Changhong's 386 million shares in [...]
Russell Flannery China Wealth Posts Recommended
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With the opening of spring training less than three weeks away, the winter of discontent for the New York Yankees is quickly coming to a close and no one is happier to see pitchers and catchers report to camp than Brian Cashman. The Senior Vice President and General Manager’s projected [...]
Wayne McDonnell SportsMoney New Post
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I sat down with one of Africa's most successful businessmen, Nigerian billionaire Aliko Dangote, at the bustling Belevedere hotel in Davos this afternoon to have a one-on-one chat about his business and Africa. He was dressed in a dapper navy suit ready for business; while here he is also meeting his McKinsey [...]
Luisa Kroll Bounty Hunter New Post
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Up-and-coming rock stars, watch Lady Gaga. She'll show you how it's done. The pop star proved once again that she's the queen of social media today when she released the lyrics to her yet-to-be released single Born This Way on Twitter today. Fan have to wait until February 13th to hear [...]
Dorothy Pomerantz Show Me The Money New Post
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If timing is everything, is LinkedIn's filing of its S-1 for an initial public offering due to the rumblings of a Facebook initial public offering? By going to the public markets ahead of Facebook, the professional networking site can take advantage of the implied valuation of its larger peer without getting [...]
Maureen Farrell Scaling Up New Post
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Rupert Murdoch doesn't get on a plane for just anyone. Murdoch's News Corp. has finally set an official, public launch date for The Daily, its iPad-based news publication. Or news service. Or news product. Whatever. Look, the point is that The Daily was originally supposed to debut on Jan. 17 [...]
Jeff Bercovici Mixed Media New Post
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Adobe chief executive Shantanu Narayen is by nature mild-mannered. Yet he was at the center of a fire-storm last spring, when Steve Jobs publicly took on Adobe's media platform (and ubiquitous video player) Flash -- and why he won't allow it on the iPhone and iPad. I sat down with Narayen [...]
Victoria Barret Upside Potential New Post
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Every now and then, situations arise among people in business that make me feel they’ve forgotten what they’re there for: • John is promoted over Jane and an ego battle begins. • Eric is territorial and never shares critical information with others, as he should. • Rebecca comes in extremely late every day [...]
Ken Makovsky My Three Cents New Post
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Claiming to offer “Earth’s biggest selection” of retail goods, Amazon.com posted earnings after the bell on Thursday, beating expectations but disappointing investors on falling margins and slowing growth. The Seattle, Washington-based tech company posted net income of $416 million for the fourth quarter, an 8% gain over the same period a [...]
Agustino Fontevecchia Moral Hazard