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Monthly Archives: May 2011

Google Gets into the Debt Game

Big deal here today: Google has closed it’s very very first Corporate Debt offering ever.  This cash-rich company has been on a stampede buying up companies like adMob and slide and YouTube.  Even Android came from an acquisition.  So it makes sense that given its healthy businesses and its their huge cash reserves, Google ought to take advantage of credit markets.

Despite the stock’s flat performance over the past year investors apparently are piqued as decent demand has Google getting money for nearly as cheap as the government does.  Wall Street Journal describes the deal, “The three-year piece was sold with a risk premium of 33 basis points over Treasurys to yield 1.258%; the five-year at 43 basis points, yielding 2.241%; and the 10-year was priced with a spread of 58 basis points over Treasurys, yielding 3.374%”

Orders came in at over 10 billion for this 3 billion offering, with such apparent voraciousness that Google is now swimming in free money.  So the question is: What are they going to buy next?

 
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Posted by on May 17, 2011 in Uncategorized

 

Last Shuttle Launch Begets Twitter Phenom #trendingtopics

Wow.  The last shuttle launch.  The end of an era in spaceflight.  As the government switches over to an era of comercial spaceflight, an unlikely star is born.  Palm-Beach-bound New Yorker Stefanie Gordon snapped this photo of the Endeavour:

This 1800 Twitter-follower saw a 1000 follower increase in a few hours plus fielded calls from ABC, CNBC and the BBC.

This out-of-work event planner was quick to capitalize on her new-found social media capital and plugged her LinkedIn account.

CBS is currently monetizing the video with a pretty large 30-second ad spot.  That’s twice the length of the actual video which I think is one of the craziest ad-to-TV margins I’ve ever seen.  Check it out below and tell me in the comments what was your commercial?  Mine features Manny Pacquio’s.

 
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Posted by on May 17, 2011 in Uncategorized

 

Too Many Buttons!?!?!?!?

Fresh off of the news of Google’s search-enhancing, social-media-enabling ‘+1’ button, we’re getting news that Tumblr is now adding their on Tumblr Share button to be embedded in the bottom of essays, blogs, news posts and photos.

I wonder though if we’re hitting social media sharing widget overload.  The Wall Street Journal, not even the most ambitious of the sharing-botton-bonanza throws a Facebook, Twitter, Linkedin, StumbleUpon, Viadeo, Orkut, Fark, Reddit, del.icio.us and MySpace sharing buttons.

 
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Posted by on May 10, 2011 in Uncategorized

 

Microsoft Buys Skype

Microsoft has been on the defensive for some time now batting back Apple and to a lesser extent Google for their prized Operating System business-line and Google and to a lesser extent Apple in their office-productivity business-line.

Not all is lost of course.  Bing has made some inroads in search market share and the Kinect was the greatest selling consumer electronics device in history during its first 60 days.  Sadly though, these successes have not been accretive to Microsoft’s stock, which has been roughly flat since the dotcom bust.

Microsoft is looking to keep Apple and Google on their FaceTime and GoogleVoice empires.  Microsoft has just purchased Skype for $8.5 billion.  Skype, the popular voice and text messaging service has 170 million users, or more than the population of Mexico.

 
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Posted by on May 10, 2011 in Uncategorized

 

The Intel Empire Strikes Back

Intel, long trumped by newcomer Arm Holdings in the market for mobile computing has struck back in a major way with their new 20 nanometer manufacturing process.  Intel, long known for their virtual monopoly in the x86 market (the processors behind our PCs) has struggled to break into the low-power SoC (System on a Chip) market that powers the smartphones in tablets behind the new mobile and social web revolutions.

Immediately following the announcement shares of Arm Holdings slipped as much as 5.5 percent in midday trading while Intel had a temporary 1.5 percent bump.

 
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Posted by on May 5, 2011 in Uncategorized

 

Playstation Network Massive Hack

Playstation users beware, while you were busy playing Mortal Kombat a massive user data theft was in the works in which 77 to 100 million names, addresses and possibly credit card numbers were stolen.

Many blame Anonymous, the group behind the Wikileaks retaliation a few weeks.  Anonymous denies all involvement with the scandal.  MIcrosoft’s xBox team has implied that this was an inevitable after Sony’s Playstation team cracked down on people hacking their PS3 systems.

Hacking game systems has become increasingly popular now that kinetic live-action censors are in vogue.

 
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Posted by on May 5, 2011 in Uncategorized