Posts tagged Economic Downturn
Glam raises $50M at whopping value of $750M, prepares IPO
Feb 2nd
Glam Media, the fast-growing online media company catering to mostly women, has raised another $50 million from investors — to help it expand before going public over sometime in the next one to three years. More impressively, the company is now valued at $750 million by its investors.
I spoke to chief executive Samir Arora earlier [...]
GM to churn out first Chevy Volt battery packs as car’s launch date nears
Jan 5th
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Before the holidays, VentureBeat caught wind that General Motors would be making a big announcement about its highly-anticipated plug-in vehicle, the Chevy Volt, on Jan. 7. Today, it looks like that news will be that the automaker is rolling its first specially-built lithium-ion battery packs for the Volt off the assembly line — bringing the [...]
Game maker Take-Two Interactive says December sales are slow, discloses Icahn stake
Dec 18th
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Take-Two Interactive Software reported an expected fourth quarter loss that was consistent with its earlier warning that game sales were slow.
Meanwhile, investor Carl Icahn disclosed that he had purchased a stake in the New York-based video game publisher. Take-Two went through a takeover battle last year, when Electronic Arts made a run at [...]
Intel readies launch of speedy, low-power new microprocessors
Dec 17th
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Intel said it is on schedule to deliver new chips for a wave of new desktop and laptop computers coming in time for announcements at the Consumer Electronics Show in January.
The announcement shows that the economic downturn hasn’t slowed Intel’s push to make cheaper, faster, and more power efficient chips. Consumers are likely [...]
the next clean energy baron? (via postie)
Nov 30th
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Texas oilman T. Boone Pickens and master currency speculator George Soros have both gone green in the last several years. Now it could be Warren Buffett’s turn to crank up his participation in the cleantech sector. Already with four related investments in the space, he’s well positioned to lead private investors’ charge toward [...]
