This afternoon Facebook wrote that the company had opened an office in France. This announcement coincides with Le Web which started today in Paris, France. Also related to Facebook’s international growth, the site is now available in over 30 languages in contrast to the 22 which were available at the end of October. The numerous languages available are clearly contributing to the company’s rapid international expansion. France has been rising in popularity for the company with over 6 million active users in the country, which is a whopping 50 percent growth in a little over a month. It’s no wonder...
The New York Times’ Claire Miller attended a Churchill Club function to fete Twitter co-founder Evan Williams. In an onstage interview, Williams talked about many different aspects of his micro-blogging service, which now has 6 million subscribers. First of all, wow — that is an impressive jump in the number of subscribers. More importantly, Williams talked about why he chose not to sell to Facebook when the Palo Alto-based startup offered to buy it for $500 million in stock. “It definitely made sense — the strategy we talked about with them — but it wasn’t the right time.” Or the...
This weekend, many of us headed to theaters with our families as a break from sitting around awkwardly watching television with our families, and trying to remember where our bed used to be before our bedrooms became mom's sewing room. Innumerable grandmas who hadn't been to the theater since last Thanksgiving weekend were again shuffled out of the house and into a darkened auditorium for two hours, where many slept. Here's what movies they saw, along with the official one-sentence grandma review of each film: 1. Four Christmases - $31.7 million. "There were so many Christmases that I just...
Filed under: Analysis / Opinion, Retail, Rumors, Apple I'm not exactly sure why there's so much excitement centered around the upcoming Greensboro Apple Store (my guess is it's because our friend Ged of the Iconfactory can't wait for it to open), but the excitement is there, and Ed Cone has some insight into how the store's deal got put together. Apparently Greensboro won't see the story by December 25th, as there's apparently some argument with the property's owners over whether Apple is "just another computer store" or deserves a better place in the location. You know our answer on that...
Ilir Ademi is suing a New York Sports Club in Queens for its staff allegedly failing to administer CPR or make use of their defibrillator when his wife suffered a heart arrhythmia and died there last spring. His 25-year-old bride Dari Gracova was already brain dead by the time EMTs arrived at the the gym fifteen minutes after she first collapsed. Ademi claims that as his wife lay convulsing on the floor, club employees "came and moved everyone away from her" and then kept them away, refusing to use the automated external defibrillators that are required by law. NYSC has...
Carl Icahn bought up another 6.8 million shares of Yahoo earlier this week, bringing his total holdings to 75.6 million shares (just shy of 5 percent). He paid just under $10 a share, or about a third of what he paid last May when he started building the bulk of his position. Of course, now he controls three seats on Yahoo’s board, including the one he occupies. So he is personally involved in the search for a new CEO to replace Jerry Yang, and he knows the stock will probably react favorably to the announcement of any new leadership....
Carl Icahn, a hedge fund investor and corporate rabble-rouser, has bought 7 million shares of Yahoo for $67 million. That works out to about $9.92 a share. With that, his stake in Yahoo is now 75.6 million shares, or nearly 5.5 percent of the company, according to the AP. So how should we read into his move? After all, Icahn previously bought 70 million shares for about $25 a share and has lost $900 million on that investment. In other words, his track record thus far hasn’t exactly been awe-inspiring. His investments in Motorola, another company he lobbied to restructure,...
Image by via CrunchBaseUpdate 28/11/08 22:22I have been following the devastating attacks in Mumbai (formerly Bombay) in India and the situation remains extremely volatile. We are reminded again that the fight against international terrorism is a fight to defend the values we hold and the price we have to pay of living in open, democratic, liberal societies.The gunmen sought anyone with British or American passports with the violence widespread throughout the area and many casualities. The minute news broke of the terrorist attacks, social media sites like Twitter, Flickr and blogs proved to be valuable sources of information. Twitter is...
