Thursday, May 26, 2016

Wannabe Asteroid Miner Planetary Resources Raises $21.1 Million In Series Alpha Round

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From Next Big Future: Planetary Resources, Inc., the asteroid mining company, announced today that it has secured US$21.1 million in Serie...

For Sale: 1 Gawker Media With Attached Lawsuit Judgement

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From the Wall Street Journal: Gawker Media Looking at Possible Sale of Company Digital media company in the middle of costly legal battle...

"Walgreens Reportedly Struck Theranos Deal Without Verifying the Tech" (WBA)

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Very troubling.  Except to the plaintiffs attorneys. From Fortune:   Walgreens     WBA   -1.13%     reportedly failed to adequately ve...

Ex-Goldman Sachs Structured Products Head Gets A Quarter-Billion Investment From Blackstone

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From Artemis: Hudson Structured secures $250m anchor investment from Blackstone Hudson Structured Capital Management, the insurance, r...

Climateer Line of the Day: 'Au Contraire Young Man' Edition

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A (apparently) young reader commenting at FT Alphaville took Izabella Kaminska to task for the phrase "unviable for private interests....

Momo Mamas Bored With Dollar, Chasing New Scam Dogs

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I'm dating myself. The headline is a take off on the title of the year 2000 book by Wall Street Journalist John Emshwiller. From Mar...

Feeding Behemoth--"Statoil: The Solution or the Problem?"

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Astute reader will note the name of the partially acquired company. It is the cousin of one of the players in the post immediately below . ...

Why the CIA Reads The Financial Times (and you should too) Tesla and Cobalt

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A couple weeks ago we posted a seemingly innocuous piece with a boring headline: " 'Freeport Sinks On Sale of Africa Copper Mine To...
Wednesday, May 25, 2016

"Angry customer files class action suit against Theranos"

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From The Verge: The suit alleges customer fraud The blood-testing startup Theranos has been hit with a consumer fraud class action lawsu...

Gawker 24/7: Judge Denies Gawker Motion, Upholds $140 Million Trial Awards

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Following on this morning's " Adventures In Lawsuit Funding: Mission Destroy Gawker ". From the Hollywood Reporter: The jud...

"Apple explores charging stations for electric vehicles" (AAPL)

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Reuters exclusive: Apple Inc (AAPL.O) is investigating how to charge electric cars, talking to charging station companies and hiring engin...

Adventures In Lawsuit Funding: Mission Destroy Gawker

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From Forbes: This Silicon Valley Billionaire Has Been Secretly Funding Hulk Hogan's Lawsuits Against Gawker One of Silicon Valley’s b...

"Gold Sees Follow-Through Selling, Hits 7-Week Low"

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From Kitco: Gold prices are modestly lower and scored a seven-week low in early U.S. trading Wednesday. Follow-through technical sellin...