Category: Business

Business

Carl Icahn and Southeastern Propose Alternative Offer To Michael Dell’s Buyout

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As reported on TechCrunch. by CATHERINE SHU Dell shareholders Carl Icahn and Southeastern Asset Management have teamed up to propose an alternative offer to founder Michael Dell’s $24.4 billion leveraged buyout deal. According to correspondence obtained by the Wall Street Journal, Icahn and Southeastern say they would give Dell shareholders the option to continue holding stock in the company and take an additional $12 a share in cash or stock. Southeastern is Dell’s largest shareholder with a…

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Business Social Networking

Facebook rumored to be buying GPS app Waze for up to $1 billion

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As reported on Engadget. By Daniel Cooper Between buying Instagram and calling Facebook Home the “next version” of his social network, it’s fairly clear Mark Zuckerberg’s obsessed with the prime real estate on your smartphone. Israeli newspaper Calcalist is reporting that Zuckerberg and Co. are eyeing up crowdsourced GPS app Waze, which generates mapping data by pulling it from its users’ devices in real time. The paper says that Facebook entered into discussions around six months ago, with prices in the $800 million to…

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Business Microsoft

TechCrunch: Microsoft offering $1 billion to buy Nook Media

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As reported on Engadget. By Daniel Cooper  Microsoft has put forward an offer to buy complete control of Nook Media LLC, according to internal documents seen by TechCrunch. Redmond’s joint venture withBarnes & Noble was set up last year to handle the Nook e-reader, tablet and college bookstore business. If the documents are accurate, Microsoft will dump the academic retail chain while retaining the digital arm of the partnership for $1 billion. The evidence also suggests that Nook Media will axe…

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Business

New Database Reveals Adjacent Hospitals Charging $200,000 Difference For Same Procedure

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As reported on TechCrunch. by GREGORY FERENSTEIN A new federal database of hospital prices shows a massive disparity in medical costs. “Average inpatient charges for services a hospital may provide in connection with a joint replacement range from a low of $5,300 at a hospital in Ada, Oklahoma, to a high of $223,000 at a hospital in Monterey Park, California. Even within the same geographic area,” said Secretary of Health and Human Services Kathleen Sebelius, who spearheaded a new transparency…

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Business Tablet

Tablet Purchases To Drive Mobile Content Revenues To $65BN In 2016, Up From $40BN+ In 2013, Says Juniper

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As reported on TechCrunch. by NATASHA LOMAS As tablet ownership and usage continues its upward trajectory, little surprise that more people are expected to be paying for more stuff on tablets in the coming years. But analyst Juniper Research has put out a new mobile content revenue forecast predicting that purchases on tablets will be the primary engine for growth — ergo: beating out smartphones — in the mobile content market over the next three years. The analyst expects annual revenue generated from…

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Application Business

Adobe Photoshop and Creative Suite to become subscription-only products

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As reported on The Verge. By Jacob Kastrenakes  Camera shake reduction comes to Photoshop, Adobe upgrades and rebrands entire Creative Suite Adobe is making a major move into the cloud. The company has just announced the next version of its flagship digital editing tools, Creative Suite, and for the first time the new products will only be available through the company’s online subscription service. Adobe previously offered standalone editions of each product, which users could choose to…

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Business Internet

US Senate passes internet sales tax bill, faces a stiff fight in House

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As reported on Engadget. By Jon Fingas The debate over taxing out-of-state online sales in the US has been raging for years, but there are signs that the often messy saga is finally winding to a close… well, maybe. The Senate just voted 69-27 in favor of the Marketplace Fairness Act, a bill that would make internet retailers collect out-of-state sales taxes that Americans are already obligated to pay, but rarely do under a current system that…

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Business

How To Go From $0 To $1,000,000 In Two Years

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As reported on TechCrunch. by JAMES ALTUCHER A few weeks ago I wrote a post about how this was the year you had to quit your job. I gave the reasons why. It wasn’t a gung-ho “you have to be an entrepreneur” article. It was more: bad shit is happening in the corporate world and bit by bit you’re going to feel the urge to quit. Correctly, many people asked, “Well, what’s next? What should I do?”…

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Business Culture Entertainment

Financial Times: YouTube is close to launching paid-subscription channels

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As reported on Engadget. By Mat Smith YouTube has been making its own space on multiple entertainment services for a while, but according to a report from the Financial Times, it’s now on the cusp of revealing its own subscription services for some of its specialist video channels. Rumored for several months, according to the FT‘s unnamed sources it will include up to 50 different channels, with subscription pricing starting at “as little as $1.99 a month.” Google has already followed…

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Application Business Culture

HealthyOut Is Like A Personal Nutritionist For Healthy Food Deliveries

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As reported on TechCrunch. by RYAN LAWLER New York-based startup HealthyOut already has a popular iPhone and Android app for quickly finding nearby restaurants and dishes that users can order and have delivered. Today at Disrupt NY 2013, HealthyOut is unveiling a new service, which will provide users with personalized menus of food delivered to help them lose weight or just eat better overall. Launching first in New York City, HealthyOut’s delivery service is designed to provide users…

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