INVESTMENT

Facebook Project Spartan: revolutionary or laughable?

Facebook Project Spartan: revolutionary or laughable?

Facebook's announcement of an Apple iPad 2 app launch stirred excitement among both sides along with signaling an end to some disagreements the two companies experienced in the past. That was the case until rumors of a secret Facebook project codenamed Spartan emerged with details on how the social network giant will utilize HTML 5 web platform standards onto mobile apps currently stationed on Apple's app store and Safari browsers.
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Line drawn in stocks' battle

The S&P 500's 200-day moving average is the line in the sand as the bulls and the bears fight over the U.S. stock market's direction. It will face one of its stiffest tests next week with Greece's debt crisis appearing to reach a climax.
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Oaktree Capital Group files for $100 million IPO

Distressed debt and real estate investor Oaktree Capital Group filed with U.S. regulators to raise up to $100 million in an initial public offering of its class A units, the latest financial firm to seek a public listing.
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Wall Street Week Ahead: Line drawn in stocks' battle

The S&P 500's 200-day moving average is the line in the sand as the bulls and the bears fight over the U.S. stock market's direction. It will face one of its stiffest tests next week with Greece's debt crisis appearing to reach a climax.
Traders work on the floor of the New York Stock Exchange, June 7, 2011.

Depression? No. Depressed? Yes!

Yesterday, a highly valued client of ours posed this question to us: ”Do you think that we are headed towards a depression?” It is not clear to me what event triggered the question, but my answer was a resounding “No”.
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Wealthy are less bullish than their advisers

Millionaires are less optimistic about the U.S. economy than their financial advisers and are taking a more cautious approach in their investments, Fidelity Investments said on Thursday.
Visitors watch a presentation about cloud computing at an IBM booth

Nearly 28 pct American firms using cloud computing

Illinois based computer hardware and software supplier, in a poll conducted last month, confirmed that nearly 28 percent of all US organizations are using cloud computing and another 73 percent reported that their first access to cloud was through a single cloud application
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Blackstone sued over 2007 Extended Stay buyout

Blackstone Group LP was sued for allegedly siphoning $2.1 billion from Extended Stay America Inc when it sold the hotel chain in a leveraged buyout that preceded its bankruptcy, according to court documents.
The Benevolent Dictator

5 Common sense must-have tips for your business

There's still no app for good old-fashioned common sense, that is something no one in business can afford to be without, says Michael Feuer, cofounder and former CEO of OfficeMax and author of the new book The Benevolent Dictator: Empower Your Employees, Build Your Business, and Outwit the Competition.

The IPO bubble

An Initial Public Offering (or IPO) is for most early-stage Venture Capital investors the most crucial and last stop on their path to producing a healthy multiple in return for the early support of the vision of a single company.

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