10 Updates

Best Of FORBES: Carl Icahn Attacks Ebay, Sochi Olympics Wrapup

Feb 24 2014, 3:57pm CST | by

On March 26-28 Forbes will host its first Reinventing America Summit in Chicago, Illinois (click for attendance details ), a congress of more than 300 innovators, business leaders, growth-focused...

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22 weeks ago

Best Of FORBES: Carl Icahn Attacks Ebay, Sochi Olympics Wrapup

Feb 24 2014, 3:57pm CST | by

On March 26-28 Forbes will host its first Reinventing America Summit in Chicago, Illinois (click for attendance details ), a congress of more than 300 innovators, business leaders, growth-focused policy makers and academics who are helping usher in the next industrial revolution.

“Before billionaire H. Ty Warner got off with probation and community service for evading taxes on $25 million of income from secret Swiss bank accounts, lawyers for the 69-year-old Beanie Babies creator made much of the fact that he had tried to “rectify his mistake” by applying to the Internal Revenue Service’s voluntary disclosure/criminal amnesty program in September 2009 and had been rejected. What hasn’t been previously reported, however, is that Warner later fought handing over records of his foreign bank accounts to a grand jury in a battle that went all the way up to the U.S. Supreme Court” — Janet Novack. Read Beanie Babies Billionaire Ty Warner Secretly Fought Giving Bank Records To Grand Jury

Carl Icahn has fired another shot in his battle to force eBay to spin off its fast growing PayPal division. In an open letter to shareholders, Icahn accuses eBay’s board, namely VC Marc Andreessen and billionaire Scott Cook, of placing their interests ahead of shareholders, and competing directly against eBay” — Steven Bertoni. Read Carl Icahn Attacks Ebay, Marc Andreessen And Scott Cook In Shareholder Letter

“If Mark Zuckerberg was willing to pay $19 billion for WhatsApp — valuing it at around a tenth the size of Facebook itself — he must have a pretty good plan for recouping the cost of all that capital in fairly short order, right? Nope” — Jeff Bercovici. Read Mark Zuckerberg: WhatsApp Was Worth Even More, Doesn’t Need To Make Money

“Vladimir Putin’s $51 billion, two-and-a-half week party is over. The Sochi games are history, and in the scheme of things, pretty much a disappointment. Breakout stars were few. Attention focused on the eye woes of NBC’s Bob Costas as much as it did on any of the athletes” — Tom Van Riper. Read Sochi Wrapup: Breakout Marketing Stars Few And Far Between

Dale Earnhardt Jr. won the Daytona 500 Sunday night after the Great American Race was delayed for six hours and 22 minutes because of rain. It marked Earnhardt’s second Daytona 500 win and comes after three runner-up finishes in the last four years. Earnhardt was one of the betting favorites going into Sunday’s race and he delivered a win that could jumpstart Nascar, which has dealt with sagging TV ratings and attendance in recent years” — Kurt Badenhausen. Read Dale Earnhardt’s Daytona 500 Win Lifts All Of Nascar

FORBES news:

“Every business has its highs and lows. In digital publishing, the swings can be violent. One minute, your site is humming. Seconds later, it’s spiraling to scary places. One minute, the flow of news is routine. Suddenly, it’s anything but that. On Feb. 14, the Syrian Electronic Army did its damage, as it’s done to many others. Seven days later, out of nowhere, came a journalistic coup — our exclusive rags-to-riches tale of Jan Koum” — Lewis DVorkin. Read Inside Forbes: A Tale of Two Very Different Coups — And What’s Next in This Revolution

Source: Forbes Business

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken into by robb ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by the Dewan Rakyat toda ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Mini ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern states last ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 million in compensa ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mustapa Mohamed ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of R ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Sch ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damans ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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