Angry Birds Worth Billions
Angry Birds is no longer just an addictive smartphone video game. It’s a bona fide cottage industry. And now its parent company Rovio is set to play with the big boys by floating on the stock market for as much as $9 BILLION . It’s a surprise to be sure, but not a complete shock. Especially since the game now boasts 200 million users a month.
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Extremely Tanned Model Featured On H&M Ad Criticized
H&M has formally apologized after stirring up some serious controversy with its latest set of ads. The Swedish Cancer Society has strongly condemned the ads, which feature Brazilian model Isabeli Fontana and her very dark sun-kissed skin. Critics say that Fontana’s extremely-tanned complexion promotes a dangerously unhealthy lifestyle.
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Angry Birds Worth Billions
Angry Birds is no longer just an addictive smartphone video game. It’s a bona fide cottage industry. And now its parent company Rovio is set to play with the big boys by floating on the stock market for as much as $9 BILLION . It’s a surprise to be sure, but not a complete shock. Especially since the game now boasts 200 million users a month.
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JPMorgan Chase Chief Investment Officer Quits
JPMorgan Chase’s chief investment officer Ina Drew has stepped down in the wake of the firm’s shocking announcement that it had lost 2 BILLION dollars since April. After news of the losses broke last week, Drew had reportedly offered to resign numerous times, but her offer was rejected by CEO Jamie Dimon, until NOW that is.
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Rebekah Brooks Charged
London’s Metropolitan Police have charged Former News International chief executive Rebekah Brooks and her husband Charlie with perverting the course of justice. Four others have also been charged. The former head of Rupert Murdoch’s newspaper empire is accused of concealing evidence from police, including computer and other electronic data. The six accused are the first to face formal charges since the police investigations began last year.
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Yahoo CEO Resigns Over Resume Claims
The CEO of Yahoo has resigned due to a SCANDALOUS discovery. Scott Thompson stepped down over the weekend after it was discovered that he lied on his resume! Thompson had claimed that he possessed degrees in both accounting and computer science. However, a shareholder discovered that Thompson had LIED about the computer science degree.
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Angry Birds Worth Billions
Angry Birds is no longer just an addictive smartphone video game. It’s a bona fide cottage industry. And now its parent company Rovio is set to play with the big boys by floating on the stock market for as much as $9 BILLION . It’s a surprise to be sure, but not a complete shock. Especially since the game now boasts 200 million users a month.
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Solar Powered Yacht
A one-hundred foot long, fifty foot wide yacht has sailed around the world powered by nothing but sunlight! The $16 million MS Turanor PlanetSolar was built by a German engineering team and is covered with over 57-hundred square feet of solar panels. The Turanor made its 37,000 mile trip over a period of 19 months.
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JPMorgan Chase Loses Two Billion In Trading
JPMorgan Chase has shocked the financial world by announcing the company’s London unit has suffered trading losses of $2 billion since the start of April. CEO Jamie Dimon says that depending on market conditions going forward, the investment bank could lose even more in the near future, possible up to THREE billion. The trades were all made with risky derivative products.
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Sony In For Hard Times
So far, 2012 has been a year to forget for Sony. The company’s stock value has just hit a 31-year low. And as if that isn’t bad enough, Sony reported an annual loss of 5-point-7 billion dollars just a day earlier. It’s the fourth year in a row the tech giant’s posted a net loss. The company is projecting a return to profit in this current year, but industry experts are skeptical.
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