Internet sharing and discussion website 4chan, widely noted for it’s uncensored content which is often considered offensive to various groups, is going broke and is exploring ways to keep going. Among the possible solutions: closing some boards, limiting image sizes, using slower servers, more pop-up or even “malicious” ads, and having more paying users. Another solution … Read more
A female could make up to $52,000 for walking in a top show, but a male? Only $13,000. The highest paid female model made almost $44 million in the last year for which there is available data, while the top male made just $1.5 million. “The top 10 female models all make millions. Only the … Read more
“There is a valuable idea inside Twitter. But Twitter won’t be the company that realizes it,” Paul Graham tweeted last month. Twitter top brass has now stated that they are in a strong position to sell, and are considering “the right options” for moving forward. Twitter’s sales are slowing down, it’s not attracting new users, and … Read more
UBS, Deutsche Bank, Santander, and BNY Mellon are working on a new blockchain-based digital currency. Currently, the new currency is being referred to by the banks simply as “utility settlement coin.” The four banks involved belong to the R3 consortium of 50 institutions looking into improving distributed ledger tech. “You need a form of digital cash … Read more
The Saudi Arabian Oil Co., or Aramco, with an estimated value of over $2 trillion, is going public. The exact value of the nationally-owned company has never been officially provided by Saudi Arabia, but because of the upcoming partial privatization — a move to prepare the country for a post-oil era — the book value might … Read more
https://www.youtube.com/watch?v=huUnAC9_jjk&feature=youtu.be German shoe company Birkenstock is the first major brand ever to pull out of Amazon’s U.S. online store. The business relationship will end in January. Birkenstock said it also will forbid all it’s third-party sellers from using Amazon to sell their shoes. The problem, according to Birkenstock, is Amazon does not provide sufficient assistance in combating … Read more
This money tip was pioneered by Norbert Schlenka of Libra Investment Management on Salt Spring Island, B.C., and it’s called “Norbert’s gambit.” The process is a 1-2 of buying stocks in one currency and selling them in another. How it works: A person buys an inter-listed Canadian stock in Canada, then transfers the stocks over to … Read more
Focusing on the recent success of the Bank of North Dakota, talkshow host Thom Hartmann has raised the question of whether state-owned banks are something every state should have. Hartmann came out in favor of state-owned banks in his opinion blog, calling them a “win-win for all.” “You need to know this,” wrote Hartmann. “In 2014, … Read more
The average price of retail diesel has dropped to a record low — under $2 a gallon for the first time in 12 years, and gas is currently around $1.72 a gallon. The prices are tied to a huge supply of diesel and a warmer winter, according to the Energy Information Administration analysit Sean Hill. … Read more
Many PayPal account holders have been unable to access their PayPal accounts for the past five days. Attempts to access their accounts results in a redirect loop fatal error. Pages of comments about the ongoing issue with PayPal have been filed on the website downdetector.com. Reports of the “too many redirects” error message began to … Read more
On Monday, August 25, the Italian stock market (Piazza Affari) plumbed down roughly 6 percent following the rapid decrease of the Chinese stock market of about 8.5 percent. Despite its geographic distance, China is progressively closer to Europe. The fluctuation of the stock market is just one of the many phenomenons resulting from the increase of relationship intensity between … Read more
As part of Google’s stated ambition to “do more,” co-founders Larry Page and Sergei Brin have announced they will be restructuring under the umbrella of Alphabet, Inc., a new parent company that will encompass Google and all other Page and Brin projects. Current Google CEO Page wrote in a blog Monday that in addition to … Read more