A Note to Future Facebook Shareholders Who Don't Know What Instagram Means 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. Read more More
LivingSocial Is Now Offering Cleveland Steamers, and No, This Is Not a Joke “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? Read more More
Black Friday Madness: Pepper Spraying, Waffle Maker Riot & More 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. Read more More
A&F Offers to Pay “The Situation” to Stop Wearing Its Clothes 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. Read more More
Get Ready for Some Football: Owners, Players Sign Deal to End NFL Lockout 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. Read more More
Almost Ready for Some Football: NFL Owners Approve New Labor Deal 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. Read more More
Hulu and Networks Close to Signing a New Deal for Content Licensing 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. Read more More