Business

Tuesday, March 4, 2014

Facebook reportedly buying drone company for $60 million

The social media network with the deep pockets, Facebook,  seems to be on a buying spree. Last month, Facebook bought the mobile messaging service, WhatsApp,for $19 billion. There’s now  a lot of chatter on the Internet about Facebook negotiating to buy New Mexico-based, Titan Aerospace, for $60 million, according to TechCrunch. Titan Aerospace produces solar-powered drones, which can stay up […]
Friday, February 28, 2014

Secret Service investigating possible hacker attack at Sears

Another major U.S. retailers may have been the target of hackers. The U.S. Secret Service is reportedly investigating a possible security breach at Sears, according to Bloomberg. The website quotes an anonymous source “… familiar with the investigation.” The government agency is already looking into major hack attacks on Target and Neiman Marcus. This latest development comes as struggling Sears has […]
Saturday, February 22, 2014

Rewind: Facebook, WhatsApp, and that $19 billion deal

A lot of chatter on the Internet and elsewhere about the amazing deal Facebook put together to buy mobile messaging service, WhatsApp, for $19 billion. The social media network announced its newest acquisition last Wednesday. Immediately,  there were questions about WhatsApp. Oh, and the money deal made plenty of folks utter: “Say what?” Here’s how it works. WhatsApp uses the […]
Wednesday, February 19, 2014

Web Buzz: Wednesday February 19, 2014

Social media giant, Facebook, just announced an amazing deal. It’s buying popular messaging mobile startup, WhatsApp, for $16-19 billion. Yes, that’s billion with a “b.”  More on this huge Internet purchase and the two WhatsApp owners who are now billionaires on Forbes. Jada Pinkett Smith has snagged a major part in the new Fox drama, “Gotham.” Smith will play tough […]
Wednesday, February 19, 2014

Walmart still planning a mega store in Burbank

The Great Indoors site at the Empire Center in Burbank is still vacant and probably will be that way for a while. That doesn’t mean the world’s largest retailer, Walmart, has lost interest in constructing a proposed 143,000 square foot supercenter at 1301 North Victory Place. Not hardly. On November 5, 2013, the Burbank City Council voted 3-2 not to […]
Sunday, February 16, 2014

City Buzz: Burbank Leader and Glendale News-Press controversy

It didn’t take long for readers of the Burbank Leader to react to the ludicrous plan to remove all the paper’s outside news racks from city streets. Glendale News Press readers, who are victims of the same screwball  decision, responded as well.  The uproar prompted a newspaper editorial/weak apology. Here’s the first paragraph. “Some changes went into effect this week […]
Friday, February 14, 2014

Web Buzz: Friday February 14, 2014

   What do bananas have to do with Valentine’s Day? They are on a short list of little known aphrodisiacs along with honey, almonds, watermelon and sushi, according to the Los Angeles Times’ Daily Dish. Instead of telling your guy to eat his Wheaties, this article suggests asparagus. Interesting. Actor Ralph Waite, best known for playing the father on TV […]
Thursday, February 13, 2014

Web Buzz: Thursday February 13, 2014

A lot of chatter today about the surprise (too most of us) announcement that Comcast has struck a deal to buy Time Warner Cable for $45 billion. Wall Street big money guys are thrilled with the deal, but consumers are worried about higher rates and a deep drop in customer service. What’s the impact on Hollywood? Deadline has that. Celebrity […]