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Report: Groupon is Actively Seeking a Buyer
Groupon's decade-long roller coaster ride that has taken it from a highly buzzed startup to a middling company struggling to recapture that early momentum could be ending with an acquisition, Recode reports. Recode's sources tell the news site that Groupon executives and bankers representing the Chicago-based company "have contacted several public companies," becoming "especially aggressive last month in attempting to
Infographic: 5 Fun Facts About Netflix
Founded in 1997 by Reed Hastings and Marc Randolph, Netflix, Inc. (NASDAQ: NFLX) has evolved over time and adopted with changes in technology and consumers' desire to watch what they want, when they want and how they want. What Happened Here are five fun facts about Netflix's evolution over time, courtesy of Statista. Netflix had only 39 employees and offered
Why Should Investors Consider Alternatives?
Explaining the basics of alternative strategies Alternative investments (alts) were first embraced by institutions, and some people still view them as a complex solution for complex needs. However, a growing number of alternative strategies are now available via mutual funds. This allows alts to be used by everyday investors to help meet three of their most common investment objectives: building
Top 5 Things to Be Aware of Before Investing in a New Cryptocurrency
FinTech
With the continuing volatility of bitcoin and other cryptocurrencies, and millions of dollars’ worth of cryptocurrencies stolen by hackers in recent months, what should investors be aware of before pouring their hard-earned money into digital assets? Please find a listicle below which looks at the top five things investors need to be aware of before investing in a new cryptocurrency, written by Gianluca
Say Hello to Honu, the Uber-Rare CryptoKitty That’ll Help Save Our Oceans
FinTech
The world’s most dominant blockchain game may be known more for its cute and quirky digital felines, but as Forbes points out, the CryptoKitties team is actually “heavily focused” on the blockchain for global good movement, too. As such, the game maker recently partnered with ACTAI Global and Ocean Elders to create Honu, a half-turtle and half-kitten CryptoKitty, which they
Reports: Twitter Purges Fake Accounts and Watches its Stock Plunge
Twitter has undertaken its most aggressive purge of "fake and suspicious accounts," which includes suspending more than 1 million a day over the past several months, according to a Washington Post investigation into the platform's data that was later confirmed by an unnamed source. However, Twitter's efforts to clean its platform of the controversial fake accounts has left investors concerned
Sergey Brin Admits Google Missed the Boat to Be an Early Adopter of Blockchain Technology
FinTech
Alth0ugh Google has transformed our lives so thoroughly through its technological innovations that its company name is now a verb roughly translated to mean search, the Mountain View, Calif. company has been a lot less transformative when it comes to some of the most recent waves in innovation, especially blockchain technology. Google's slow-footed move into blockchain is not lost on
Wireless Speaker Company Sonos Files For IPO: What You Need to Know
High-end speaker maker Sonos filed for an IPO on Friday. The company plans to list in the Nasdaq under the ticker “SONO,” and proposed an initial offering of $100 million worth of shares. The Details Sonos reported a net loss of $14.2 million on $992.5 million in revenue in fiscal 2017, a significant improvement over 2016’s $38.2 million net loss
Three Ways to Give Internationally: Lessons on High-Impact Philanthropy
Lessons on high-impact philanthropy from the Stanford Philanthropy Innovation Summit I was honored to attend the 2017 Philanthropy Innovation Summit at the Stanford Center on Philanthropy and Civil Society. The intensive day-long program gathers thought leaders in Palo Alto to discuss research, best practices, and new strategies that can increase philanthropic impact. I heard inspiring stories about charities around the
Third Point Accuses Nestle of 'Falling Irreparably Behind'
Hedge Funds
Regardless of whether a Brexit deal is cut or football finally comes home, Europe looks set for a summer of activism. Q2 hedge fund letters, conference, scoops etc See page for author [Public domain], via Wikimedia Commons So far this year, two contradictory trends have played out across the Atlantic, with the number of companies targeted falling slightly in comparison