Here’s why $1 billion for Instagram makes perfect sense. But if you’re still not convinced how a company with no clear business model can be worth that much to Facebook, tech start-up maven Jason Kirk breaks it all down for you.
“Looking to romance that special someone? Forget about spa treatments!” LivingSocial’s Cleveland Steamers Carpet Cleaners promotion is 100% real — but come on, this HAS to be a prank. Someone’s trolling. Groupon, perhaps?
If pepper spray is a “food product, essentially,” perhaps a woman at a San Fernando Valley, California Walmart should be commended for handing out free samples to her fellow shoppers. That leads the list of incidents on this Black Friday.
Mall-staple Abercrombie & Fitch has implored Mike “The Situation” Sorrentino to stop wearing their clothes. A&F even offered to pay him to make it happen. Now THAT’S a sponsorship deal we can all get behind.
You can all but pencil in football for Sundays this fall as both sides in the NFL labor disagreement have struck a deal for the next ten years. The players still need to ratify it, but that’s expected to happen sometime later today.
There’s no deal in place yet to end the NFL labor dispute, but sources confirm to ESPN that a vote could happen later today. As it stands, the owners are meeting in Atlanta and the player representatives are in Washington examining the final deal.
Hulu is close to reaching an agreement to extend their content licensing deals with ABC, Fox, and NBC. The deal is expected to be announced within a week and details are currently hush hush. Users will probably notice very little change to the service.