27 August, 2014 by The TZ Newswire Staff Comments Off on No Bubble At All: Jessica Alba’s Diaper-Delivery Startup Is Valued At $1 Billion, Prepares For IPO
No Bubble At All: Jessica Alba’s Diaper-Delivery Startup Is Valued At $1 Billion, Prepares For IPO
While today even the pundits are aghast at the latest Snapchat valuation round, which according to the WSJ has Kleiner Perkins inject a laughable $20 million into the private-parts photography service, boosting its valuation to a whopping $10 billion in a clear windowdressing mark-up round, up from $800 million a year ago, even as the actual equity invested into the company is a paltry $160 million or under 2% of said valuation, the true indicator of just how bubb
27 August, 2014 by The TZ Newswire Staff Comments Off on Twitter CEO: Snapchat at $10 billion ‘not absurd’
Twitter CEO: Snapchat at $10 billion ‘not absurd’
Twitter CEO Dick Costolo says the reported $10 billion valuation for the instant messaging company Snapchat is “not absurd.”
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27 August, 2014 by The TZ Newswire Staff Comments Off on Amotz Asa-El’s View from Jerusalem: Shekel slammed by Gaza war, weak global demand
Amotz Asa-El’s View from Jerusalem: Shekel slammed by Gaza war, weak global demand
Israeli interest rates hit all-time low as war compounds grim global conditions, pushing the value of the shekel lower, writes Amotz Asa-el.
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27 August, 2014 by The TZ Newswire Staff Comments Off on Get Back To Work Mr. Hollande; French Jobseekers Surge To Record High
Get Back To Work Mr. Hollande; French Jobseekers Surge To Record High
Despite all the ‘promises’ French joblessness has risen every month since April 2011… July’s jump is the 2nd biggest sinmce April 2013 and at 3.424 million is a fresh record high. One can only hope (though good luck with that) that the new cabinet – same as the old cabinet – will turn things around. With 80% of French people believing that Hollande cannot fix the economy, we suspect things get worse before better…
27 August, 2014 by The TZ Newswire Staff Comments Off on Seadrill’s Profits Are Strong but Investors Fret Over Outlook
Seadrill’s Profits Are Strong but Investors Fret Over Outlook
Seadrill may be the best positioned company in offshore drilling, pumping out dividends and profits quarter after quarter, but the announcement that it isn’t buying any new rigs in the near future has investors worried the drilling boom is coming to an end.
27 August, 2014 by The TZ Newswire Staff Comments Off on 3 Ways This Wonder Material Could Change the iPhone Forever
3 Ways This Wonder Material Could Change the iPhone Forever
This wonder material promises to revolutionize smartphones in ways you can hardly imagine, including unbreakable phones and near instant charging batteries.
