The box office competition finally overwhelmed “The Hunger Games” as the romantic comedy “Think Like a Man” beat expectations with a chart-topping $33.0 million in U.S. and Canadian ticket sales over the weekend.
A Kickstarter project for a device you wear on your wrist, but that needs a smartphone to do anything really interesting, has raised more than $5.3 million in eight days. This is this far and away the most anyone has ever raised on Kickstarter, and it’s happening – with a gadget in a category that has a pretty dismal track record – at a sales pace that would make even Apple sit up and take notice.
from Paul Smalera:
Forget Instagram’s billion-dollar payday. Forget IPOs, past and future, from Facebook, Groupon, LinkedIn and the like. And ignore, please, the online ramblings of attention-hungry venture capitalists and narcissistic Silicon Valley journalists with the off-putting habit of making their inside-baseball sound like the World Series. Their stories, to paraphrase Shakespeare, are tales told by idiots, full of sound and fury, but signifying very little about the impact of technology on most of our lives. (Sure, some of their tales are about great fortunes, but those are only for a select few; to summon the Oracle of Omaha rather than the Bard of Avon, only a fool ever equated price with value.) Their one-in-a-million windfalls are just flashes in the pan. Or, actually, they are solitary data points, meaningless when devoid of context.
What does a Central Bank governor do after leaving office? Many return to the private sector in some sort of consultancy role. Others, especially when they’re as outspoken as Nigeria’s banking chief Lamido Sanusi, tend to turn to politics. But Sanusi told Reuters in a recent interview he has no interest in politics and sees himself instead as something of a “public intellectual”. “I can do more good outside of government.”
For a handful of years now, several newspaper companies have attempted to re-brand themselves into something — anything! — that doesn’t associate them with newspapers. Gannett is one of the latest examples trying to put some distance between itself and the industry despite the fact that it is still the largest newspaper chain by circulation in the U.S., it still derives the heft of its revenue from ink on paper, and it still is a bellwether for other companies that count big iron as an asset.
If the low ratings at Oprah Winfrey’s OWN weren’t evidence enough of viewer disinterest in programming that inspires, then perhaps the massive ratings growth at Investigation Discovery, a network whose shows are almost exclusively populated by murderers and stalkers, can provide convincing.
The Department of Justice, as anticipated, filed suit Wednesday against Apple and five of the Big Six publishers over alleged price-fixing. Three of those publishers have entered into a proposed settlement with the DOJ, but Apple is still on the hook.