Sohu.com Inc. (NASDAQ: SOHU) is completing the first partial spin-off initial public offering of its Changyou.com (NASDAQ: CYOU). This IPO will trade today and we are still awaiting the time stamp from NASDAQ. We…
According to Reuters, the G-20 began the work of addressing the economic crisis. Reuters reports that US auto sales may have bottomed. Reuters reports that the House backed new laws for pay curbs at…
The business of having online sites with content created by amateurs to be viewed by other amateurs never had a reasonable chance of making money. The fact that at one point Facebook had a…
According to Reuters, Obama demanded that the G-20 find solutions to the global financial crisis. Reuters reports that a bankruptcy for GM (GM) and Chrysler could be a long, drawn-out process. Reuters writes that…
Walt Disney Co. (NYSE: DIS) is joining forces with Google Inc.’s (NASDAQ: GOOG) YouTube video-sharing site. Under the terms of the deal, YouTube will offer clips from Disney’s ESPN and ABC networks. The ESPN…
According to Reuters, government talk of auto company bankruptcy may cause creditors and the UAW to renew talks with GM (GM) and Chrysler. Reuters reports that Obama is talking a hefty agenda with him…
According to Reuters, the Administration has forced GM (GM) CEO Rick Wagoner out of his job. Reuters reports that in an FT interview Obama said the G-20 nations should send a strong message of…
FriendFinder Networks, Inc. is still in the hunt for an initial public offering. This is not a run-of-the-mill IPO, as FriendFinder is the parent company of AdultFriendFinder, a site for people looking for casual…
The New York Times (NYT) and Washington Post (WPO) both said that they would have to cut jobs and salaries. The falling revenue in the print advertising business is overtaking them and they have…
According to Reuters, the Obama financial reforms face a bumpy road. Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts. Reuters reports that Obama’s financial remedies may…
Apple’s (AAPL) position in the digital music business is so strong that it may decide to raise it pricing in the middle of a recession. According to the LA Times, “The world’s largest music store,…
Nintendo already has a significant lead in the game console business. Its Wii routinely outsells the Microsoft (MSFT) Xbox 360 and Sony (SNE) PS3. The Japanese company seems to think its advantage is not…
According to Reuters, Obama may be stretched to thin. Reuters reports that AIG (AIG) executives in Europe are resisting returning bonuses. Reuters reports that Obama will begin to tighten the screws on Wall St.…
We may actually get an IPO as soon as early next week. This recent filing from Sohu.com Inc. (NASDAQ: SOHU) for the proposed spin-off of Changyou.com is supposed to trade under the ticker of…
There was a reverse merger yesterday which is essentially a reverse IPO as well. A special purpose acquisition company, or SPAC, called Victory Acquisition Corp. (AMEX: VRY) announced that it was acquiring an operating…