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14 Pikks

Friendster gets another $20M and new CEO

The funding brings their total to about $45M. The new CEO is from Google. Friendster sort of invented social networking but failed to execute. Now, theyr'e focusing on Asia and will attempt to regain some market share in the U.S. How will they do ultimately?
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9 Pikks

Robin Williams hitting the road with a new routine

When the going gets tough, Robin Williams gets going. This fall, the Oscar-winning actor and famously animated funnyman is hitting the road for his first stand-up comedy tour in six years.
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5 Pikks

Salons welcome grade-school customers for facials, Massage etc

you can read the article but the general idea is children (as young as 7) receiving facials, full body massage, pedicures, etc.
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50 Pikks

WePlay- brings parents, kids, coaches together for local sports

WePlay launched in March and has $13M funding to date. The site is a social network for little league and school sports. From the article: "The site features personal pages from about a dozen professional athletes, who offer kids playing tips as well as see footage from their high-school days and earlier. WePlay’s traffic is off to a decent s"tart, but it is still modest, with about 200,000 U.S. unique visitors in June, according to comScore."
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9 Pikks

Obama: Open up the oil reserves to provide relief for gas prices

Obama called for the opening up of the strategic oil reserves, calling today's gas prices a "genuine emergency." He cites the nearly 20% drop in gas prices when Bill Clinton did the same in 2000. From the article: "Obama emphasized on Monday that using reserves is a temporary fix and that drilling is not "a particularly meaningful short-term or long-term solution." McCain has said that drilling would have a "psychological" benefit for consumers; his proposal to suspend the 18-cent-a-gallon federal gas tax was ignored by lawmakers on Capitol Hill and criticized by economists, who said it would not lead to a noticeable change in prices. "
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139 Pikks

ChaCha - Human powered search

If you don't know, ChaCha is a website where you type in your search request, and thousands of human beings, being paid by the answer. They have $16M in funding. Yesterday, they overhauled their pay scale in response to poor quality. From the article: "Under the new program, “Top Guides” will receive 20 cents per question, which has been the standard rate for experienced guides for some time. Everyone else gets 10 cents per question - half of what they would have gotten under the old system. To become a Top Guide, users must do the following: * >95% Quality Measurement. * 95% and above completion of answers to questions: * Minimum 300 Searches a week."
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NOT

8 Pikks

Canada #1 in global image. US in bottom 3 out of 12

28,000 people around the world were asked if they felt positive or negative about 12 countries. From the article: "Israel, Iran and the United States were the countries with the most negative image."
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7 Pikks

267 pound murderer claims too fat to execute - bonus: bad veins

Richard Cooey raped and killed two young women in 1986. He's scheduled to be put to death and claims he's too fat for the drugs to work and that he has bad veins. In his defense, from the article: "Last year, [another inmate]cited the obesity of condemned inmate Christopher Newton as one of the reasons prison officials had difficulty accessing his veins before his execution. Newton was 6 feet tall and weighed 265 pounds."
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SAD

9 Pikks

After 10 years managing worst stock fund, manager calls it quits

Garett Van Wagoner has managed the the worst performing fun for the past 10 years. Any way you want to parse that winds up being true. The Van Wagoner Emerging Growth Fund has averaged an annualized 10.2% loss for the past 10 years. Here's a wonderful quote from the article: "Mr. Van Wagoner is a vociferous fellow who started Van Wagoner Capital Management in 1995 and regularly appeared on CNBC during the technology-stock bubble. He makes himself available to investors by posting his email address on his Web site. He says he manages the stress of running the funds with regular exercise."
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30 Pikks

Bill Clinton is not a racist - do you agree?

For some odd reason, Bill Clinton felt compelled to declare himself not a racist. Is that even an issue? There have been dozens of writeups on his comment since he made it yesterday. From this article, "
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