Genealogy website Ancestry.com has agreed to an acquisition deal by European private equity firm Permira in a cash deal worth $1.6 billion, or $32 per share. Ancestry.com described the buyout as a “definitive merger agreement”. “This is a successful outcome for our public stockholders, and a great day for Ancestry.com employees and subscribers around the world,” said […]
MONEY.
Lena ‘Girls’ Dunham Inks Mega Book Deal!
HBO’s ‘Girls’ creator, Lena Dunham has sold a collection of essays to be titled Not That Kind of Girl: A Young Woman Tells You What She’s Learned. The book, which Random House snatched up (the final advance has not been confirmed, but publishers said the bidding exceeded $3.5 million), states […]
Got an old iPhone 4 Laying Around? Use Eco ATM
With the recent release of the iPhone 5 sales surging through the roof, people have been stuck with a dilemma – What should I do with my old iPhone? Now there is a cool innovative solution with EcoATMs, now appearing in more than 165 malls and grocery stores nationwide. Consumers can choose cash or […]
Forbes Covers ‘Titans of Philanthropy’
Forbes photographer Michael Prince has very well may have captured the “Richest Photo in History” with left to right: Warren Buffett, Oprah Winfrey, Bill Gates, Melinda Gates, Peter Peterson, Leon Black, Jon Bon Jovi, Marc Benioff, David Rubenstein, Steve Case, Laura Arrillaga-Andreessen, Marc Andreessen. All respective billionaires in their own field. The occasion of the […]
Steve Wynn(s) Over Joe Francis
Casino owner Steve Wynn has won a $20 million jury verdict in the slander lawsuit in which he claimed the creator of “Girls Gone Wild” Joe Francis, spread rumors that Wynn had made death threats against him, the Associated Press is tweeting. Francis had previously claimed that Wynn threatened to […]
Shame on You American Airlines!!!
The Vanderhorst family was trying to fly from New Jersey to Los Angeles, when they were kicked off an American Airlines flight because they believe the airline was prejudiced against their 16-year old son who has Down syndrome. The Vanderhorst’s state that their son Bede was singled out for his […]
“Godmother” of Medellin Cartel, Dead @ 69
Griselda Blanco, known as the “Godmother” of the cocaine racket, was gunned down at the age of 69, at the Cardiso butcher shop on 29th Street in a Medellin neighborhood, after a life of drugs and solicited murder. Blanco, the former cocaine madrina, who made a name for herself by […]
Heir to Red Bull Arrested
Vorayuth Yoovidhya, 27, an heir to the Red Bull energy drink fortune was arrested after he struck and killled a Bangkok police officer and dragged his dead body down a street in an early-morning hit-and-run, police said earlier today. Police took Vorayuth in for questioning after tracking oil streaks from […]
Paypals And Discover Join Forces.
Paypal has announced its new partnership with Discover to begin processing Paypal transactions in 2013. Paypal began testing its new payment method in Home Depot in January of this year. The platforms allow customers to enter their mobile phone number and PIN to pay for their goods as a new […]
Americans Spent $43.2 Billion Online Shopping!
In the U.S., e-commerce sales reached $43.2 billion in the second quarter — up 15 percent compared to the year-ago period, according to comScore. Online shopping has surged dramatically, while brick and mortar stores have taken a decline in sales. Best Buy reported a 5.3% loss compared to their quarter last year. […]
FAUX SOCIETY MARKETPLACE [EXPANSION NEWS.]
Faux Society is expanding and with this growth will be the addition of our impeding marketplace. Faux Society is reaching out to hip innovative, & fresh designers that would like to market their goods on our site. This is a big deal, and spaces in the market are filing up […]
Time to Dump Facebook Stock?
Facebook’s post-IPO existence has been totally unpredictable, and beginning Thursday, it will face one of the roughest times ever for a freshly traded company, and that being the very first day that some insiders will be legally allowed to dump the stock. With quite a few initial public offerings, Facebook’s […]