It’s never a good sign when the headlines begin widely speculating about a firm’s impending demise. That’s currently the media narrative for MoviePass, which has everyone wondering whether it’s heading for its last curtain call. “Enjoy MoviePass While It Lasts,” the team at Vanity Fair...
Fizzle of the Week: Timing Spring has finally arrived across the United States, and love is in the air. Even on Facebook. The social media giant had lots of things to announce this week at F8: new features, like the “clear history” button; upgrades, like the video...
Amazon was the last to report yesterday, so now the results are all in for the so-called FANG group of stocks — Facebook, Amazon, Netflix And Google. Yes, technically they should be called the FANA stocks since Google officially changed its name to Alphabet three years...
It used to be that when “Goldman Sachs” was mentioned, it was in the context of the storied Wall Street investment banking firm trading and underwriting securities, advising on mergers and acquisitions, taking companies public and brokering deals. Not so much anymore. In recent years,...
The first quarter of 2018 was a record breaker for retailers - but not a good one, as retail set a record for defaults. And that was one of many big fizzles this week - with Facebook founder Mark Zuckerberg getting drilled on the Hill...
Sizzle Of The Week, The Great Bikesharing Boom Bicycles in their modern form became common in the early 20th century, making them a brilliant innovation that had the misfortune of showing up on the scene shortly before a slightly better one rolled out: the automobile....
Geoffrey the Giraffe will soon ride off into the sunset. After a half-century run and millions of children served, Toys ‘R’ Us will soon be Toys ‘R’ No More Us. The news wasn’t a shock, particularly since the retailer first filed for bankruptcy in September 2017...
Who fizzled most this week from the news that a trade war looms, courtesy of the Donald Trump administration? There was the continued drain of the Trumpian brain trust. Gary Cohn, economic adviser at large, former Goldman executive and widely liked by Wall Street, is out...
Bitcoin mining, like its real-world counterpart, uses a lot of power. Exactly how much constitutes “a lot” is a bit of a debate. The most accepted answer comes from cryptocurrency tracking site Digiconomist, which estimates bitcoin mining eats up about 3.4 GW or around 30...
