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Jul31
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With billions in cash sitting around, and with passbook savings rates what they are, Google is always looking for ways to put its money to work, and now it's reportedly considering a formal structure to make sure its bucks are performing productively in the service of the company's greater goals. According to the Wall Street Journal, the search sovereign, following in the steps of a growing number of tech companies, is mulling creation of a venture capital arm. The Journal's sources said David Drummond, Google's senior vice president of corporate development and chief legal officer, would head the investment unit, assisted by a new hire, William Maris, a 33-year-old investor and former entrepreneur. Google has generally preferred straight-up acquisition to investing, though it already does an impressive amount of the latter, some through its philanthropic arm, Google.org. This shit couldn't happen to a nicer bunch of billionaires. .
So, how much is enough?
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Jul30
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If you ever wondered why so many young Americans are spotty, overweight, and just generally a pain in the butt... Listen up... We are to blame. And no, I'm not talking about us as parents (well, maybe to a certain...
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Jul29
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Just to prove that weird things happen when clients decide "Social Networking" is the next big thing they should jump into.. McDonald’s “Big Mac Chant Off,” went looking for the best performance of its “Two all-beef patties” jingle, they soon found...
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Jul28
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Remember Eddie Davidson, the guy who was known as the "Spam King?" Davidson, aided by several subcontractors, sent hundreds of thousands of unsolicited e-mail messages to potential purchasers of worthless stocks throughout the United States and the world touting the...
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Jul27
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Everyone I've ever known and worked with over the many, many years I've been in this totally screwed up business, who now asked me where I live... Get's the answer, Boise, Idaho. To which I usually get the answer... Fuck!......
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Jul26
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According to a mid-July memo AOL is doing a bunch of housekeeping that will see a number of services shot behind the woodshed -- among them media-sharing site Bluestring, Xdrive online storage, the AOL Pictures photo-sharing site, and MyMobile. In...
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Jul24
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Even though Apple has a well deserved reputation for "cool" and great looking products, if somewhat "pricey, they are certainly keeping up their reputation for bad customer service. David Pogue, in today's New York Times, Circuits section, has a well...
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Jul23
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It was announced today that Google is taking the wraps off an Internet encyclopedia designed to give people a chance to show off - and profit from - their expertise on any topic. The service, dubbed "knol" in reference to...
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Jul22
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Interesting to watch Apple stock in the last couple of days. In typical Wall Street fashion the market hammered the stock, even though they reported record profit. The problem for the lame brains who inhabit the market was that Apple...
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Jul20
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Interesting to read in The New York Times that Amazon has begun a limited testing of its new Video on Demand service, which will replace its Unbox store. The big difference between the two is that the new service will...
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Jul18
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Interesting to read in today's AdAge that Johnson & Johnson has kicked off a soup-to-nuts review for its $25 billion pharmaceuticals group. Recently Dell Computer put all its business in a WPP creation by the strange name of Enfatico. As I have...
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Google, the "can-do-no-wrong" company is watching it's stock get h ammered today after it announced pre-tax profits for the second quarter of 2008, which jumped 35% year on year to $1.25bn, but failed to meet analysts' expectations, sending its share...
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Jul16
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Interesting article in Salon about Barack Obama's marketing machine. With over 5 million people on Obama's e-mail list this is just the start of what political strategists say is one of the most sophisticated voter databases ever built. Using a combination of...
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Jul15
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If you've been looking for fake bags, watches and jewelry on EBay, you can carry right on doing it now that the site has won an important battle with luxury jeweller Tiffany, after a US court said that the Internet...
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Jul14
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When you continue to read about the never-ending saga of the Yahoo-Microsoft takeover, buyout, collapse... You have to think about that scene in the movie "Lost in America," where, after his wife has lost their six-figure nest egg in a Las...
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Jul13
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I'm writing this on Sunday night. In about ten hours, the New York Stock Exchange will open. I expect it to be a bloodbath. Not just because the economy has been going down the tubes for months, but because I...
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Jul11
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All the Apple freaks are out today, standing in line to be the first on the block with the new GodPhone 3G. At one Japanese store, hundreds of people were waiting in line to buy the phone yesterday. One California-based...
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Jul 9
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It doesn't matter how depressed and pissed off you are due to the soaring cost of gasoline, airline tickets, bread and drugs, etc, etc. Just be glad you don't live in Belgium. Particularly if you are an Apple Freak! 'Cos, you're just 48...
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Jul 8
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You have to laugh at the news that over in Japan, the so-called "leaders" of the G-8 voiced their "strong concern" about rising commodity prices, especially those of oil and food. In a statement released today, they said that commodity prices "pose a serious challenge...
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Jul 7
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News today that Microsoft is willing to resume negotiations to buy all or part of Yahoo, but only if uber-investor Carl Icahn succeeds in revamping the Sunnyvale Internet company's board. Given the state of Yahoo's current board, which has resisted...
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Interesting to read that more than a decade after it crashed and burned so spectacularly, WiReD - the house magazine for pseudo-tech-geeks - is returning to the UK. Publisher Conde Nast, which acquired WiReD after the first UK version shut down,...
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Jul 5
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News out of Europe that France is about to take a hard line on copyrighted media (movies and music). According to news reports. a new measure approved by the French Cabinet would kill the Internet connection to those caught downloading illegally....
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Jul 3
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A slice of cool, fresh watermelon is a juicy way to top off a Fourth of July cookout and one that researchers say has effects similar to Viagra - but don't necessarily expect it to keep the fireworks all night...
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Jul 2
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Yeah, I know I've gone on about this before... But, isn't it about time someone created a TV spot that essentially owned up to the fact that bringing a man's fantasy to life, by promoting the aphrodisiac qualities of whatever you...
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Jul 1
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Today, all the big three auto companies announced disastrous figure for their last quarters sales. No surprise really when you consider Americans are realizing that driving Hummers when gas is four dollars a gallon - And soon to be five...
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Peddling fake purses and perfume out of the trunk of a beat-up Citroen is bad enough. But the French draw the line when it happens on the Internet. So, a A French court yesterday ordered online auction giant eBay to...
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