That’s a lot of scratch…
A source inside the Obama campaign says the candidate’s web site has seen one of its best hours tonight, raising $525,000 in one hour. A senior aide inside the Obama campaign said the candidate’s site saw its “highest peak” tonight in both online donations and traffic, “bigger than after Iowa, bigger than after New Hampshire.”
Source: blog.washingtonpost.com via mtippett
Tags: campaign | Carolina | Iowa | New Hampshire | Obama | PEAK | Aide | Bigger | CANDIDATE | democrat | donations | Election | fundraising | highest | HILLARY | online | Politics | raising | seen | SENIOR | Site | tonight | Traffic
Shell is calling peak oil will begin in 2015. Will the days of cheap, easy motoring be over so soon or will we just go nuclear? Neither scenario bodes well for a world that seems unable to stop consuming.
World demand for oil and gas will outstrip supply within seven years, according to Royal Dutch Shell.
The oil multinational is predicting that conventional supplies will not keep pace with soaring population growth and the rapid pace of economic development.
Jeroen van der Veer, Shell’s chief executive, said in an e-mail to the company’s staff this week that output of conventional oil and gas was close to peaking. He wrote: “Shell estimates that after 2015 supplies of easy-to-access oil and gas will no longer keep up with demand.”
Source: gristmill.grist.org via mtippett
Tags: energy | become | Environment | motoring | Peak Oil | roads | SHELL
Will we see the resurgence of the pink-slip parties of the late 90′s?
The exact number of jobs cuts being planned was not given. The reports, citing unnamed sources, said the reductions could number “hundreds of workers.” Yahoo currently has about 14,000 employees.
A representative for the company could not be immediately reached for comment.
Shares of Yahoo were trading down 2% after Tuesday’s opening bell following a sharp selloff across the tech sector. Google shares were down 2.7%.
Source: marketwatch.com via mtippett
Tags: economy | Employees | Money & Stuff | pink-slip party | Technology | Yahoo
Jim Kunstler, creator of clusterfucknation and prophet of peak oil driven doom is at SFU tonight. If you can, you should give him a listen. Here is a sampling of his latest blog entry:
George W. Bush, tried to appease the beast by offering each American adult the dollar equivalent of half a month’s mortgage payment — with the exhortation to drive forthwith to the nearest WalMart and blow it on salad shooters and plasma TV’s — but Hooverzilla just laughed at the offering and pounded the equity markets further into the dust of loss, while the “bank-like” guardians of wealth lay in the drainage ditches bleeding from their ears and eyes.
My favorite moment was seeing Treasury Secretary Paulson and one of his fellow shaved-head deputies at a press conference rostrum frantically trying to calm the news media rabble like a couple of extraplanetary high priests from a Star Trek episode — the batteries having run down in their laser wands, and their incantations (“liquidity! liquidity!) veering into mystifying glossolalia.
I resort to such admitted extreme hyperbole because it may be the only language that an infotainment-drunk society can still process in the face of an epochal calamity that will transform the lush terms of everyday life as we’ve known it into something like a bleak surrealist landscape in the manner of Tanguy. That crashing sound out there is the armature of confidence needed to support an economy based on faith that borrowed money will be paid back. It’s as simple as that. (Doesn’t seem so exciting now, does it?)
Tags: USA | Bush | Vancouver | Clusterfuck | Ears | economics | Hooverzilla | Jim Kunstler | Markets | Money & Stuff | mortgage payment | offering | Peak Oil | Treasury Secretary Paulson | WalMart
A user on HowardForums was able to capture some pictures of Verizon’s HTC Touch variant and leaked them out onto the net. Just posted yesterday are some pictures of the unannounced White HTC Touch for Verizon Wireless. As stated by an HTC representative, it is due out in March under the Verizon Wireless Brand as the XV6900. Details are sparse if any but we can guess that it’s not going to be that much different from Sprint’s HTC Touch variant.
For more pictures click on link below.
HowardForums Original Post
Tags: America | Brand | going | march | capture | Details | heading | HowardForums | HTC | informed | leaked | Phone | photos | pictures | Representative | sparse | stated | Technology | unannounced | variant | verizon | wireless
Rudy is gettiing desperate. Check out his latest move:
Rudy has a new ad out. And this time he’s gone so far as to use actual 9/11 footage.
As you can imagine, at this point Rudy’s campaign has descended to become a sort of desperate 9/11 primal scream.
But the words of this ad really take Rudy’s 9/11 megalomania to a new level. Against video of the towers falling, discussing Rudy’s role in the 9/11 drama, the announcer intones …
“And when the world wavered, and history hesitated, he never did.”
Does it even require snark and commentary? The world wavered and only Rudy brought us through? Even history hesitated?
Source: talkingpointsmemo.com via mtippett
Tags: Carolina | drama | falling | Rudy | Washington | West Palm Beach | Actual | Commentary | Desperate | footage | Giuliani | JOHN MCCAIN | megalomania | news | Politics | primal scream | towers | video
A lot of us like to speculate on the state of Venture Capital in Canada; we all have a vested interest in the existence of a healthy and competitive market. For BrightSpark, the truth has been much more obvious.
BrightSpark, with over $100 million under management, raised its first fund in 1999 and its second fund in 2004. Co-Founded by Tony Davis and Mark Skapinker, the fund positioned itself as a “seed and early-stage software venture fund” for the Canadian market with offices in Montreal and Toronto. They have been active even recently with great deals like NowPublic, b5Media and MobiVox, 9 recent investments, and a few more to make in their second fund.
The BrightSpark team, a bunch of experienced entrepreneurs, was (and is) perfectly suited for the job we have been asking VCs to take on here in Canada: early stage financing with heavy duty support capabilities. It should have been a perfect combination, and one would hope that they could have done quite well in the last few years with the resurgent tech bubble.
Source: startupnorth.ca via mtippett
Tags: Canada | Montreal | Toronto | Brightspark | early-stage | ENTREPRENEURS | FINANCING | fund | INVESTMENTS | Management | Mark Skapinker | MobiVox | Money & Stuff | NowPublic | resurgent | software | tech bubble | Tony Davis | venture
The guy who persuaded Fox to pay 500 million for myspace back when everyone thought it was crazy has now put his money behind Broadband Enterprises. The company is said to be, “the largest seller of video advertising online outside of the big portals.”
NEW YORK (AdAge.com) — Since former AOL CEO Jonathan Miller and former Fox Interactive Media chief Ross Levinsohn banded together as partners in Velocity Investment Group, internet watchers have been curious to see where they’d place their bets. Online video — its distribution, content creation and monetization — is an area in which they are particularly bullish.
The group’s first investment is a $10 million stake in Broadband Enterprises. The deal also marks the first round of funding Broadband Enterprises has raised, despite its having been around for two years and having grown its online traffic into something that rivals top media companies and portals.
Mr. Miller, who will join the board of Broadband Enterprises, said Velocity is interested in investing in “online platforms that scale, the content you put through those and [those with] the ability to make money in the space.”
Source: adage.com via mtippett
Tags: Media | New York | bets | Broadband Enterprises | companies | content creation | distribution | Funding | internet | Investing | jonathan miller | monetization | Money & Stuff | online Video | Partners | rivals | Ross Levinsohn | Traffic | VELOCITY
Troubling numbers on the economy today. Hopefully this doesn’t signal stagflation:
WASHINGTON – Higher costs for energy and food last year pushed inflation up by the largest amount in 17 years, even though prices generally remained tame outside of those two areas. Meanwhile, industrial output was flat in December, more evidence of a significant slowdown in the economy.
The worst part about this is that rising gas and fast food costs disproportunately effect the poor.
Tags: economy | Washington | consumer | December | FACTORIES | Federal Reserve | groceries | growth | Higher costs | Inflation rate | MINES | Money & Stuff | OUTPUT | prices | report | shopped | Slowdown | utilities
In January 1973, National Lampoon published what would become one of the most famous magazine covers of all time: A photograph of a cute pup with a gun held to its head, next to the headline “If You Don’t Buy This Magazine, We’ll Kill This Dog.” Turns out that whoever wrote that line was a visionary. Almost exactly 35 years later, someone’s finally adopted a somewhat finessed version of that MO, only it pertains not to the glossy world but to the blogosphere — and it works from the inside out.
It relates to a new compensation scheme, and it goes roughly like this: “If You Don’t Click on This Post, We’ll Kill This Blogger.” Well, OK, not exactly — but the blogger might lose the will to live, because her pay rises and falls in direct proportion to the number of people who click on her blog posts.
Source: adage.com via mtippett
Tags: Magazine | Media | New York | Culture | gawker | Nick Denton | submit