Mashable, Business Insider Get New Funding
Wall Street Journal – 6 hours ago
Both Mashable and Business Insider are expected to announce significant venture capital investments Thursday, building on a recent trend of hefty cash infusions and valuations for the sector’s biggest players.
@mathewi: And the WSJ says Business Insider has raised a $25M round led by German giant Axel Springer: [link]
@bySamRo: Mashable, Business Insider get more cash [link] via @WSJ
@johngapper: Lot of venture money in new media these days. Hooray for hacks. [link]
@nichcarlson: Business Insider raised $25 million. It’s on! [link]
@mattbish: RT @johngapper: Lot of venture money in new media these days. Hooray for hacks. [link]
@TonyTassell: Mashable and Business Insider get more funding - Mashable from Time Warner, BI from group inc Axel Springer/ Bezos [link]
@hblodget: Excited to have Axel Springer join the @businessinsider team. Amazing company [link]
A Note To My Readers
andrewsullivan.com – 17 hours ago
One of the things I’ve always tried to do at the Dish is to be up-front with readers. This sometimes means grotesque over-sharing; sometimes it means I write imprudent arguments I have to withdraw;...
@nancefinance: The Dish signs off. @sullydish is moving on from the blogosphere. [link] via @DishFeed
@rcwhalen: RT @MattGoldstein26: A Note To My Readers: [link] via @DishFeed
@tylercowen: RT @mattyglesias: Whoa. A deeply sad day for fans of the classic blogosphere. [link]
@johnpmcdermott: "I am saturated in digital life and I want to return to the actual world again." [link]
@markgongloff: End of an era: Andrew Sullivan quits blogging [link]
@mathewi: RT @jkottke: Cheers to Andrew Sullivan for kicking a nasty addiction [link]
@AntDeRosa: . @sullydish says he’s going to stop blogging indefinitely [link]
@tcarmody: “Sullivan quits blogging”… where is it, I bet it’s here somewhere… “I want to write a book”—Aha, he’s got a book deal [link]
@johngapper: RT @TheFix: . @sullydish is retiring from blogging. Wow. [link]
@ryanchittum: RT @brianstelter: Andrew Sullivan: "I am saturated in digital life and I want to return to the actual world again." [link]
@robenfarzad: RT @brianstelter: Andrew Sullivan: "I am saturated in digital life and I want to return to the actual world again." [link]
@davidmwessel: Why Andrew Sullivan is quitting his blog: [link] via @DishFeed
@StKonrath: ’A note to my readers’ - @sullydish: How do I say goodbye? [link]
@MattGoldstein26: A Note To My Readers: [link] via @DishFeed
@BuzzFeedBen: Sad to see maybe the last of the great blogs — & also one of the first — go, but there’s a time to every purpose etc [link]
@Richard_Florida: Wishing @sullydish they very, very best in his next act. [link]
@crampell: After 15 years, Andrew Sullivan has decided to stop blogging. [link]
@ezraklein: Wow. Andrew Sullivan is leaving blogging: [link]
@michaelsderby: Uber-blogger Andrew Sullivan is packing it in. [link]
@davewiner: Andrew Sullivan is quitting his blog. [link]
@kairyssdal: RT @brianstelter: Andrew Sullivan: "I am saturated in digital life and I want to return to the actual world again." [link]
@ObsoleteDogma: Wow, Andrew Sullivan is retiring from blogging [link]
@morningmoneyben: Sure do identify with a lot in this @sullydish essay. [link]
@newsycombinator: A Note to My Readers [link]
ECB: Interview with Corriere della Sera
European Union – 4 hours ago
Interview with Corriere della Sera
@TheStalwart: "But was it necessary to humiliate the Bundesbank?" [link]
@ecb: Interview Benoît Cœuré with Corriere della Sera [link]
@FGoria: RT @ecb: Interview Benoît Cœuré with Corriere della Sera [link]
@NickMalkoutzis: #ECB’s Coeure suggests lenders may accept "different reforms from ones expected" in #Greece. The way in for #SYRIZA? [link]
German Unemployment Hits Lowest Level Since Reunification
Wall Street Journal – 1 hour ago
German unemployment fell to its lowest rate since reunification in 1990, suggesting Europe’s largest economy is well placed to benefit from lower oil prices and reduced interest rates.
A question of respect (or lack thereof)... - the Greek veto over Russia that never was
Yanis Varoufakis – 5 hours ago
On the first day in our ministries, the power of the media to distort hit me again. The world’s press was full of reports on how the SYRIZA government’s first foreign policy ’move’ was to veto fres...
Business Insider: Greece’s New Finance Minister Insists That The Government Hasn’t Tried To Veto Russia Sanctions
@TheStalwart: .@yanisvaroufakis wrote a blog post about the whole Russia-EU-Greece flap [link] (via @barnejek)
@SonyKapoor: U heard that #Greece vetoed #Russia sanctions? Here is what actually happened... “@yanisvaroufakis: [link]”
@BrunoBrussels: Painful. @yanisvaroufakis is finding that EU, & media camp followers, have no ’respect for our national sovereignty’[link]
Thinking About the New Greek Crisis
New York Times – 21 hours ago
Notes on the precipice.
@TheStalwart: Krugman’s comments about the Greek market panic are worthwhile. [link]
Marginal Revolution: Assorted links
@John_Hempton: RT @NGruen1: Krugman at his pathologically clearheaded devastating bestThinking About the New Greek Crisis [link]
@Noahpinion: Finally, an analysis of Greece/Germany that ignores morality and just talks about incentives. Thank you, Krugman! [link]
@interfluidity: “But that would be a betrayal of European principles.” Sometimes @NYTimeskrugman is adorable. [link]
@ObsoleteDogma: Very good, very clear breakdown of the new Greek crisis, slightly different from the old Greek crisis [link]
@MarkThoma: Thinking About the New Greek Crisis - Paul Krugman [link]
@wonkmonk_: RT @NYTimeskrugman: Thinking About the New Greek Crisis [link]
Hasenstab Sees $3 Billion Vanish in Ukraine as One Big Bet Sours
Bloomberg – 3 hours ago
@TonyTassell: So Michael Hasenstab’s $7bn bet on Ukraine bonds is down $3bn says @bloomberg h/t @barnejek @lebullmarche [link]
Business Insider: One Of The World’s Best Bond Managers Has Lost $3 Billion In A Huge Gamble On Ukraine’s Future
@jsphctrl: “[Hasenstab] does take bets... And so far this Ukraine bet hasn’t played out.” I admire the optimism of the ’so far’. [link]
European Union – 3 hours ago
In Japan, ‘Marriage Hunting’ May Require the Right Lair, and a Stripper Pole
Wall Street Journal – 12 hours ago
A Tokyo real-estate company has a plan to solve the woes of Japan’s lonely singles with konkatsu or “marriage hunting” apartments.
@ObsoleteDogma: The long shadow of Japan’s lost decade [link] [link]
@volatilitysmile: RT @NickTimiraos: Tokyo real-estate firm builds "marriage-hunting" apts [link] “You can’t ignore sex and make a house” http…
@Noahpinion: Japan could encourage marriage with a different type of housing. Co-housing and roommates. Not this crap: [link]
@AlephBlog: In Japan, ‘Marriage Hunting’ Homes Come With Stripper Poles [link] Desperate try in Japan to improve demographics $$ $EWJ
Nomura Profit Unexpectedly Surges on Investment Banking
Bloomberg – 56 minutes ago
Greek debt crisis: Who has most to lose?
CNNMoney – 15 hours ago
Greece and its international lenders have embarked on a battle over the country’s staggering debt. Other European countries have most to lose.
@OpenEurope: RT @cnni: Greek debt crisis rears its ugly head: Who has the most to lose? [link] [link]
@pdacosta: RT @markthompsoncnn: Who stands to lose most from a new Greek debt crisis? @IvanaKottasova via @CNNMoney [link] http://t.c…
@wonkmonk_: RT @cnni: Greek debt crisis rears its ugly head: Who has the most to lose? [link] [link]
ECB’ Coeure tells Greece: stick to ’rules of game’ - paper
Reuters – 3 hours ago
FRANKFURT, Jan 29 (Reuters) - The Greek government mustcontinue to respect its commitments, a senior policy maker atthe European Central Bank told an Italian newspaper on Thursday.Responding to a question
Rebellion at Standard Chartered as Senior Staff Push for New Leadership
Wall Street Journal – 3 hours ago
Standard Chartered’s two largest shareholders are privately pushing for new leadership, say people familiar with the matter, and customers and regulators are increasingly anxious about the bank’s problems.
If Apple were a country…
Financial Times – 15 hours ago
Apple just reported the biggest quarter of net income earned by any public company ever, at least in nominal terms. It remains the world’s most valuable publicly traded company by a large margin. So naturally there are people who want to pu...
@felixsalmon: RT @TheStalwart: .@m_c_klein has written the first ever good post comparing Apple (and its cash) to a country. [link]?
@TheStalwart: .@m_c_klein has written the first ever good post comparing Apple (and its cash) to a country. [link]?
@FGoria: If Apple were a country… [link]
@michaelsderby: RT @M_C_Klein: Apple’s economic output is about 0.11% of the world’s: [link] and other fun facts! [link]
TPG Sues Ex-Spokesman for Allegedly Taking Documents From Buyout Firm
Wall Street Journal – 14 hours ago
TPG sued its former spokesman, claiming he took confidential documents from the private-equity firm and in some cases disseminated them to news outlets after he was denied a promotion.
@jennablan: RT @LaurenLaCapra: TPG sues ex-spokesman for allegedly taking documents from buyout firm [link] via @WSJ
@danprimack: So TPG thinks it has figured out who leaked all of us those documents last month... [link]
@spignal: TPG accuses its ex-spokesman of leaking confidential info after it denied him a promotion [link]
@LaurenLaCapra: TPG sues ex-spokesman for allegedly taking documents from buyout firm [link] via @WSJ
@morningmoneyben: Crazy story about TPG suing its former spokesman, Adam Levine, who was a deputy press sec under George W. Bush. [link]
@AmyResnick: RT @danprimack: So TPG thinks it has figured out who leaked all of us those documents last month... [link]
Greece’s fight against "fiscal waterboarding" will halt economic recovery
Sober Look – 9 hours ago
Builder quietly cancels Toronto condo complex
thestar.com – 16 hours ago
Kingsclub becomes second condo project in last few weeks to suddenly convert to rental apartments, leaving more than 100 preconstruction buyers out in the cold.
@volatilitysmile: RT @NickTimiraos: Miami 2007, meet Toronto 2015: Builder quietly cancels condo complex [link] ht @sobata416 [link]…
@edwardnh: Builder quietly cancels condo complex | Toronto Star [link] conversion to rentals sounds like market top stuff
@NickTimiraos: Miami 2007, meet Toronto 2015: Builder quietly cancels condo complex [link] ht @sobata416 [link]
@HardcoreValue: Builder quietly cancels condo complex. @Urban_Toronto [link] I wonder if @FortressRDI @FortressRC is facing a slowdown too?
@BobBrinker: RT @NickTimiraos: Miami 2007, meet Toronto 2015: Builder quietly cancels condo complex [link] ht @sobata416 [link]…
Russia considers creation of ‘bad bank’ to aid financial sector
Financial Times – 23 hours ago
Russia will consider creating a “bad bank” for troubled assets as part of a package of measures worth at least Rbs2.3tn ($35bn) to combat the country’s looming economic crisis. The announcement was part of a package of 60 measures unveiled ...
@ObsoleteDogma: Russia’s bank bailout is now up to $35 billion. And just wait until you see how big it is in a few more weeks… [link]
@GTCost: RT @GusFarrow: Russia considers creation of “bad bank” [link] $EURUSD #Europe FT
@OpenEurope: Russia considers creation of ‘bad bank’ to aid financial sector - [link] [link] via @FT
Business Insider: 10 Things You Need To Know Before European Markets Open
@davidgaffen: All those years later, "The Entity" returneth: Russia considers creation of ‘bad bank’- [link] [link] @FT
Marginal product, & incomes
Stumbling and Mumbling – 17 hours ago
How do you convert ability into income? This is a question promoted by Ann Bauer’s claim that novelists often need subsidies from their family. Her point broadens. Many artists struggle to get by: I suspect Jolie Holland speaks for many...
@interfluidity: “Bankers go home with big money for the same reason zookeepers go home with shit on their boots” @CJFDillow [link]
@MarkThoma: Marginal product, & incomes - Stumbling and Mumbling [link]
@Frances_Coppola: RT @MarkThoma: Marginal product, & incomes - Stumbling and Mumbling [link]
Federal Reserve issues FOMC statement--January 28, 2015
Federal Reserve – 17 hours ago
The Federal Reserve Board of Governors in Washington DC.
@EconBrothers: Federal Reserve issues FOMC statement [link] #Fed
@BCAppelbaum: This is the Fed’s most upbeat econ assessment since Great Recession. "Solid" economic growth; "strong" job growth. [link]
@GTCost: RT @LorcanRK: Fed Statement [link]
reddit/Economics: Shocker of the Day: Fed to remain "patient" on raising rates.
@StockTwits: RT @BobBrinker: $FED FOMC monetary policy statement Jan 28 2015 --> [link]
@ObsoleteDogma: FOMCzzz [link]
@MarkThoma: Press Release--FOMC statement - FRB [link]
@LorcanRK: Fed Statement [link]
Calculated Risk: FOMC Statement: "Economic activity has been expanding at a solid pace", "Patient" on Policy
Business Insider: The Two Words That Made The Fed’s Statement Dovish
@davidmwessel: The FOMC remains patient [link]
@BobBrinker: $FED FOMC monetary policy statement Jan 28 2015 --> [link]
Uber, a Rising Business Model
New York Times – 17 hours ago
New technologies have the potential to divide a variety of traditional jobs into tasks that can be assigned to people just when they’re needed.
@volatilitysmile: RT @nytimes: The Uberization of work may soon be coming to your chosen profession [link]
@kevinroose: RT @fmanjoo: The future of labor is on-demand. Your job will be Uberized. You may hate it. Me @nytimes. [link] http://t.co/…
@mims: RT @fmanjoo: The future of labor is on-demand. Your job will be Uberized. You may hate it. Me @nytimes. [link] http://t.co/…
@robenfarzad: Uberization of the workforce? [link] @fmanjoo cc: @rondel305
@EmanuelDerman: Nice for other people, not for you. MT @nytimes: The Uberization of your work may be coming to your chosen profession [link]