The Wall Street Journal observed that although the website traffic has risen exponentially over the past couple of months, the start-up is yet to implement monetization strategies. Silbermann, according to report, is believed to be following Mark Zuckerberg's and Jack Dorsey's approach, both of whom didn't have a business model to begin their companies with.
Lindsay Lohan has supposedly been cleaning up her act. But she is in the news yet again for allegedly hitting a hookah lounge manager with her car.
Things are heating up before the trade deadline.
U.S. securities regulators brought charges Wednesday against an online trading platform and two private funds that were offering Facebook shares, the first major actions from a yearlong probe into lightly regulated trading in private company shares.
Interplay game developers are attempting to raise the money through crowd-funding website Kickstarter.com in order to develop a sequel to the role playing game (PRG) classic, Wasteland (1988) which told the story of a small party of ex-US soldiers travelling across a post-nuclear apocalyptic American southwest. According to lead developer Brian Fargo, this may be their best (and last) hope at resurrecting the iconic computer game.
Did Dwight Howard tell his teammates that he won't opt-out of his contract?
Mike D'Antoni has resigned from the New York Knicks, so here's a rundown of the top 5 replacement coach options.
Greg Smith did not choose the subtle approach for his exit from Goldman Sachs, where he had worked for 12 years. Instead, Greg Smith decided to post his resignation letter in The New York Times for the entire world to read. The resignation letter, entitled "Why I am Leaving Goldman Sachs," included scathing commentary on the "toxic" environment at the bank, its lack of "moral fiber" and the "muppets" who work there.
Just five months after launching Oink, San Francisco-based start-up lab Milk, run by Digg founder Kevin Rose, has decided to shutter the app after an unsuccessful outing.
Rumors have been swirling for months that Jennifer Lopez and boyfriend backup dancer Casper Smart have plans to get married, though her rep has denied the claims. However, JLo's designer friend Roberto Cavalli spilled the beans on Sunday when he announced his hand the upcoming nuptials on Twitter: designing the wedding dress.
Ashley Judd is the talk of Hollywood and the Internet for being seen with a puffy face during a recent appearance, sparking rumors about plastic surgery, which her rep denied. On Monday, 43-year-old Judd appeared on a Canadian television show to promote her new television series, Missing, and was almost recognizable with a swollen face though she maintained her svelte figure.
Actress Jennie Garth of 90210 fame and actor Peter Facinelli from the Twilight saga and TV's Nurse Jackie will divorce after 11 years of marriage. The reason behind the divorce is not yet known, although one source believes that Facinelli had cheated on Garth on the set of Twilight: Breaking Dawn in Vancouver.
A funeral and a wedding? While it sounds like a bad movie, it's possible that it is a reality for Whitney Houston's 19-year-old daughter, Bobbi Kristina Brown. Reports only just emerged romantically linking Houston's only child to her unofficial adopted brother, Nick Gordon. Radar Online is now coming forward saying that the somewhat incestuous pair is secretly engaged. A family friend told Star magazine that the proposal happened on Mar. 10, and that Bobbi Kristina said 'yes.'
Jon Hamm didn't mean it personally when he called Kim Kardashian a f---ing idiot.
This morning The New York Times published a brutally honest account from former Goldman Sach’s employee Greg Smith, who quit the established firm today. Smith criticized the company for its loss of culture, deeming it as an environment that is “as toxic and destructive as I have ever seen it.”
Anonymous hackers broke into the DigitalPlayground.com server this week (the third porn website the hacktivist collective has targeted in the past few weeks) and emerged with 72,000 passwords and email addresses (82 of which had a .gov or .mil domain), as well as 40,000 credit card numbers. The cyber-attack was carried out by a hacker group calling itself Th3 Consortium, who claim close affiliation with both Anonymous and LulzSec.
The Twitter-verse was abuzz with the New York Times op-ed in which a Goldman Sachs employee vents about his company and reasons for leaving.
Game Director of “Mass Effect 3” Casey Hudson has finally spoken about the controversial ending that has fans in an uproar. The director revealed insight about the role of fan feedback in development, and seems satisfied with the franchises’ provocative conclusion.
A powerful 6.8-magnitude earthquake that hit Japan's northeastern region on Wednesday, prompted fear among Twitter users who began to offer up prayers for Japan tweets as some say the recent quake is much too soon for a reminder of last year's triple disaster.
Parts of Boston were plunged into darkness Tuesday evening when a three-alarm fire broke out in a major electrical transformer causing power outages which disrupted public transit and raised alarm over the potential spread of toxic fumes.
The battle between HTC and Apple will be intensified in the coming days, predict smartphone lovers.
Is Kim Kardashian Hollywood's Public Enemy No. 1? Celebrities from Jon Hamm to Ray J to Daniel Craig have all voiced their detestation of the 31-year-old. As more and more legitimately talented Hollywood stars do the same, it is unlikely that her reputation can be salvaged.
