Quicken Loans’ billion-dollar gamble pays off

Quicken Loans’ billion-dollar gamble pays off

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Mar. 25, 2014   |  

Quicken and Warren Buffett are offering a Quicken Loans Billion Dollar Bracket with Yahoo Sports for this year’s NCAA perfect bracket. / Quicken Read more of this post

Banks in Chinese city show stacks of cash to reassure depositors

Banks in Chinese city show stacks of cash to reassure depositors

3:33am EDT

By John Ruwitch

YANCHENG, China (Reuters) – Rural banks in China’s eastern city of Yancheng stacked piles of cash in plain view behind teller windows to calm depositors queuing at bank branches for a third straight day on Wednesday following rumors that they had run out of cash. Read more of this post

The Wolves of Wall Street; Jordan Belfort was partly right: people who go into finance should not be too clever

ROBERT SKIDELSKY

Robert Skidelsky, Professor Emeritus of Political Economy at Warwick University and a fellow of the British Academy in history and economics, is a member of the British House of Lords. The author of a three-volume biography of John Maynard Keynes, he began his political career in the Labour party, became the Conservative Party’s spokesman for Treasury affairs in the House of Lords, and was eventually forced out of the Conservative Party for his opposition to NATO’s intervention in Kosovo in 1999. Read more of this post

Buy a Warren Buffett Fathead for $29.99; Proceeds will go to charity

Buy a Warren Buffett Fathead for $29.99

Proceeds will go to charity

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Author: By Chris Isidore

Published On: Mar 25 2014 06:23:35 AM PDT   Updated On: Mar 25 2014 07:50:38 AM PDT

NEW YORK (CNNMoney) – Investors have been known to pay $1 million for the chance to pick Warren Buffett’s brain over lunch. Now they can get his entire head for only $29.99. Read more of this post

Facebook Inc’s purchase of Oculus raises questions

Facebook Inc’s purchase of Oculus raises questions

Jonathan Ratner | March 26, 2014 5:34 AM ET
Facebook Inc.’s US$2-billion acquisition of Oculus VR may look modest when compared to its recent US$19-billion purchase of WhatsApp, but there appears to be a clearer path for monetizing this new asset through game-related software and hardware. Read more of this post

Nitroglycerin, a Staple of Emergency Rooms, Is in Short Supply

Nitroglycerin, a Staple of Emergency Rooms, Is in Short Supply

By KATIE THOMAS and SABRINA TAVERNISEMARCH 25, 2014

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Dr. Frederick Blum, at Ruby Memorial Hospital in West Virginia, says one or two patients might “exhaust our supply pretty quickly.” CreditTy William Wright for The New York Times Read more of this post

Keep It Short: In writing, brevity works not only as a function of space on a page, but the time that an audience is willing to spend with you

MARCH 24, 2014, 9:00 PM  122 Comments

Keep It Short

By DANNY HEITMAN

In my first daily newspaper job some 25 years ago, I learned a few lessons about brevity that I’m still using today. Back then, among other editorial chores, I contributed to a weekly feature called “Books in Brief.” Each review could be no longer than 200 words — less than a fourth the length of a usual article. Imagine a slender column of type slightly taller than your middle finger, and you’ll get some idea of the word limit. Read more of this post

React to the Reality, Not the Image of It; Sometimes things are much better than they appear, but the truth is we don’t know what’s going on with other people’s finances

React to the Reality, Not the Image of It

By CARL RICHARDSMARCH 25, 2014

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Years ago, a friend came home with a new, top-of-the-line road bike. My first thought: How can he afford that? It seemed like such a big purchase based on what I thought I knew. We lived in the same neighborhood, were close to the same age and both had young families. His life looked a lot like mine — at least I thought it did. Read more of this post

Google Flu Trends’ Failure Shows Good Data > Big Data

Google Flu Trends’ Failure Shows Good Data > Big Data

by Kaiser Fung  |   8:00 AM March 25, 2014

In their best-selling 2013 book Big Data: A Revolution That Will Transform How We Live, Work and Think, authors Viktor Mayer-Schönberger and Kenneth Cukier selected Google Flu Trends (GFT) as the lede of chapter one. They explained how Google’s algorithm mined five years of web logs, containing hundreds of billions of searches, and created a predictive model utilizing 45 search terms that “proved to be a more useful and timely indicator [of flu] than government statistics with their natural reporting lags.” Read more of this post

Nike’s Forum Shows the Promise and Peril of Community

Nike’s Forum Shows the Promise and Peril of Community

by Sarah Judd Welch  |   10:00 AM March 25, 2014

A New Year’s Eve tweet announced the launch of the Nike Community Forum. You could be forgiven for not noticing. Today, promotion of the forum has been removed from the site’s navigation bar, and social media conversations regarding the forum are next to none. Yet the Nike Community Forum is one of Nike’s greatest opportunities — a way to bring its Nike+ mobile users to their website (an e-commerce conversion opportunity) and create a truly active and engaging ecosystem of athletes. Read more of this post

Creating Product Addicts

Creating Product Addicts

by Ian Gordon | Mar 26, 2014

Corporate attempts to boost customer loyalty, or move customers to go to great lengths to repeat purchase behaviour, can be seen as creating a form of addiction without a pejorative connotation

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Mobile commerce is the name of the game for DMI, the quiet giant that is carefully building an enterprise mobility empire

DMI acquires KnowledgePath for $22 million

By Andrew Nusca March 25, 2014: 1:22 PM ET

Exclusive: Mobile commerce is the name of the game for DMI, the quiet giant that is carefully building an enterprise mobility empire.

DMI’s chief executive, Jay Sunny Bajaj, wants his company to be “the world’s largest pure-play integrated mobile enterprise solutions company.” Read more of this post

Getting Emerging Markets’ Goats; The goats are forced to rely on foreign-money inflows to fill their current-account holes; The goats include the fragile five of Brazil, India, Indonesia, South Africa and Turkey, Argentina

Getting Emerging Markets’ Goats

By A. Gary Shilling on 06:27 pm Mar 25, 2014

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(JG Graphics/Josep Tri Ronggo Laksono)

Since the US Federal Reserve began talking about tapering its bond purchases last year, investors have been forced to separate the emerging-market sheep — those with well-managed economies — from the goats, with their poorly run economies. Read more of this post

Best Bets Among Apple Suppliers; IPhone demand is improving but not all parts makers are created equal

MONDAY, MARCH 24, 2014

Best Bets Among Apple Suppliers

IPhone demand is improving but not all parts makers are created equal.

Pacific Crest Securities

Supply-chain conversations indicate improving demand trends for the iPhone, which is positive for Apple component suppliers. Read more of this post

Economics and the foundations of Artificial Intelligence

Economics and the foundations of Artificial Intelligence

by Colin Lewis , March 19, 2014

For the longest time, people thought that humans could not run a mile in less than four minutes. Then, in 1954, Sir Roger Bannisterbeat that perception, and shortly thereafter, once he showed it was possible, many other runners were able to achieve this also. Read more of this post

Hong Kong listed stock darling Magnum Entertainment night clubs with iconic gold toilets issued a profit warning

A message from Mr Yip Mow Lum…

Paul Murphy

| Mar 25 10:30 | 2 comments Share

He’s the chairman of just-and-so Hong Kong listed Magnum Entertainment and here’s the news:

PROFIT WARNING

…The board of directors of the Company (the “Board”) wishes to inform shareholders of the Company (the “Shareholders”) and potential investors that, based on a preliminary review of the unaudited management accounts of the Group for the eleven months ended 28 February 2014, the Group recorded a substantial decrease in profit for the eleven months ended 28 February 2014 and it is expected to record a loss for the year ending 31 March 2014… Read more of this post

Turquoise – still the colour of money in Mongolia?

Turquoise — still the colour of money in Mongolia?

Dan McCrum | Mar 25 13:25 | 2 comments Share

Decision time approaches for Mongolia, Rio Tinto and Turquoise Hill on Oyu Tolgoi, the enormous copper mining project that could one day represent about a third of the landlocked nation’s economy. Read more of this post

As Brics Economies Grow Up, 10 Upstarts Emerge: Report

As Brics Economies Grow Up, 10 Upstarts Emerge: Report

By Agence France-Presse on 01:20 pm Mar 26, 2014

  1.  Indonesia, Bangladesh and Ethiopia are among 10 countries set to take over as emerging economies from the powerful Brics nations as they struggle with growing pains, a French credit body said on Tuesday.

Read more of this post

This Is Google CEO Larry Page’s Grand Vision For Changing The World

This Is Google CEO Larry Page’s Grand Vision For Changing The World

MEGAN ROSE DICKEY TECH  MAR. 25, 2014, 12:08 AM

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Google CEO Larry Page is one of the smartest, most powerful people in the world. As CEO of Google, his job is to imagine the future. This month, Page gave a talk at TED to discuss how Google plans to change the world. It’s a great insight into where Google is going.  Read more of this post

Chart Shows The Most Successful Startups Ever Founded By People Who Apparently Skipped Their Midlife Crisis

Chart Shows The Most Successful Startups Ever Founded By People Who Apparently Skipped Their Midlife Crisis

ROB WILE STRATEGY  MAR. 25, 2014, 4:48 AM

Venture capitalist Fred Wilson has posted a nifty chart showing six mega-companies that were founded by folks who evidently sailed through any notion of a mid-life crisis. Read more of this post

Likeable Leadership: A Collection of 65+ Inspirational Stories on Marketing, Your Career, Social Media & More

Likeable Leadership: A Collection of 65+ Inspirational Stories on Marketing, Your Career, Social Media & More [Kindle Edition]

Dave Kerpen (Author), Jeffrey Hayzlett (Foreword)

Book Description

Publication Date: October 20, 2013

“When it comes to cutting through the clutter and making his voice heard, Dave has always been a thought leader and a truly creative promoter. His new book is an invaluable tool for any business leader who hopes to navigate today’s fast changing social media landscape. Moreover, Dave’s cogent advice and instructive (and humorous!) anecdotes are as likeable as he is!”  Read more of this post

The 16 Differences Between Successful People and Unsuccessful People

The Differences Between Successful People and Unsuccessful People

March 19, 2014

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MARK CUBAN: If I Was Responsible For Box’s Bad Numbers ‘I Would Combust’

MARK CUBAN: If I Was Responsible For Box’s Bad Numbers ‘I Would Combust’

JAY YAROW TECH  MAR. 25, 2014, 9:25 PM

Enterprise-focused online storage company Box filed for an IPO last night.

Box might exist if not for Mark Cuban,according to Box CEO Aaron Levie.

When he was still a student at USC in 2005, Levie emailed Cuban to tell him about his company. Cuban liked the idea and offered to make a $350,000 seed investment. Levie took the money. Read more of this post

Vice Media Is Considering An IPO And Thinks It’s Worth $28.9 Billion Equaling Twitter

Vice Says It’s Weighing IPO Prospects, Considering Buying a TV Network

Never Short of Optimism Anyway, Vice Sees Money ‘Sloshing Around in the System’

Published on March 24, 2014. 0

Vice Media, the company that combines punk culture with online journalism, is poised to double revenue to $1 billion by 2016 and may pursue an initial public offering, co-founder Shane Smith said. Read more of this post

Here Is The Letter Sir Winston Churchill Wrote When He Resigned As Prime Minister

Here Is The Letter Sir Winston Churchill Wrote When He Resigned As Prime Minister

JULIE ZEVELOFF THE LIFE  MAR. 25, 2014, 9:55 PM

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Box’s Two 20-Something Co-Founders Don’t Own Much Of Their Company Anymore After Cashing Out Earlier to VCs

Box’s Two 20-Something Co-Founders Don’t Own Much Of Their Company Anymore

JULIE BORT ENTERPRISE  MAR. 26, 2014, 12:26 AM

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Box co-founders Dylan Smith (left) Aaron Levie

Enterprise cloud storage company Box has filed the paperwork for its long-expected IPO, and the big surprise is how much of the company the co-founders have already sold off. Read more of this post

Game Theory, Pharmacies, And Why CVS Stopped Selling Cigarettes

Game Theory, Pharmacies, And Why CVS Stopped Selling Cigarettes

ESTIMIZE FINANCE  MAR. 26, 2014, 1:31 AM

To sell smokes or not to tell smokes, that is the $2 billion question. In early February CVS Caremark (CVS) became the first national drugstore chain to voluntarily give up selling cigarettes and other tobacco products by October 1st. CVS was the first brick to fall due to mounting pressure coming from 28 state and territory attorney generals. These AGs have not yet threatened any legal action, but the case certainly brings the NYC sugary drinks ban to mind. Read more of this post

25 Fascinating Charts Of Negotiation Styles Around The World

25 Fascinating Charts Of Negotiation Styles Around The World

GUS LUBIN STRATEGY  MAR. 26, 2014, 1:47 AM

Language is only the most obvious part of the global communication gap. Different cultures also have distinct approaches to communication during meetings and negotiations, as described by British linguist Richard D. Lewis, whose best-selling book, “When Cultures Collide,” charts these as well as leadership styles and cultural identities. Read more of this post

Arianna Huffington Explains Why You Need More Than Money And Power To Be Successful; In 2007, she found herself in a pool of blood in her home office. She had collapsed from exhaustion, cutting her eye and breaking her cheekbone in the process

Arianna Huffington Explains Why You Need More Than Money And Power To Be Successful

DRAKE BAER STRATEGY  MAR. 26, 2014, 2:22 AM

Arianna Huffington has met almost every measure of worldly success: She launched and sold the Huffington Post, pocketing $21 million. She lives in a luxury loft in Soho, one of New York’s wealthiest neighborhoods, and is a well-known media personality, followed by millions on Facebook and Twitter. Read more of this post

Marc Andreessen Calls Warren Buffett An Old White Man Crapping On Technology He Doesn’t Understand

Marc Andreessen Calls Warren Buffett An Old White Man Crapping On Technology He Doesn’t Understand

ROB WILE MARKETS  MAR. 26, 2014, 4:05 AM

Berkshire Hathaway Inc’s Warren Buffett (C) walks during a visit of TaeguTec in Daegu, about 300 km (189 miles) southeast of Seoul, October 25, 2007. Read more of this post

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