Archives: 2007November

Mel Karmazin: The Sirius head may soon get the present he has been hoping for. The tie-up between Sirius and XM Satellite Radio, which seemed dead on arrival when it was announced back in February, seems increasingly likely to win approval from the Federal Communications Commission and Justice Department, according to this WSJ article. The […]

Happy Thanksgiving!
It was almost a year ago exactly that Steve Gillmor left Podshow and the technology focused Gillmor Gang podcast shut down (the last show was recorded the day before Thanksgiving).
Steve recently brought the group back together, and we’ve recorded four or five shows so far. He’s created a Facebook group to host the podcast […]

Hale Stewart, who writes the Bonddad column, lays out his argument that stocks are headed into a bear market. “The Russell 2000 and Transportation average are cause for serious concern. So is the lack of market breadth during the NASDAQ’s latest rally and the Treasury market rally,” he writes. “If only one of the preceding […]

In one area at least, subprime mortgages are still thriving.
Footnoted.org searched for mentions of “subprime” in one form or another in the latest crop of quarterly 10-Q filings with the SEC, and discovered 1,227 instances. That is more than four times the volume of the same period in 2006, and almost double the frequency just […]

Reports of strange behavior in people taking anti-flu drugs have long been a concern in Japan. Now those concerns seem to be spreading to the U.S.
In this memo, posted online today, an FDA review team recommends adding “precautionary wording” to the labels of Roche’s Tamiflu and GlaxoSmithKline’s Relenza to alert doctors and patients to case […]

News Corp. is said to be talks to buy business social networking service LinkedIn, according to TechCrunch UK. If the deal were to happen, it would bring MySpace and LinkedIn under the same corporate roof. Full story here.
Mountain View based LinkedIn has approx. 12 million users and has taken $27.5 million over 3 rounds from […]

When news of massive losses on structured paper started to hit the market a bit more than a month ago, banks started floating the idea of a superconduit, a gigantic fund sponsored by several financial-services firms to eat up this unwanted paper and make all of the problems disappear magically.
Now it’s nearly December, and “The […]

* The fallout continues from the British government’s data breach. Earlier this week, the U.K government announced it had lost computer disks containing personal data on nearly half of its population. Now, British papers are writing stories on the impact of the loss. A few things we learned: 1) Sixty percent of data breaches are […]

Online broker, trade thyself.
That is what E*Trade shareholders seem to be telling the company, whose stock has lost 80% of its value this year amid the deepening mortgage crisis. The stock has risen 22% today, helped along by a CNBC report that the online broker is in talks to sell part or all of itself. […]

Mothers who get less than five hours of shut-eye a night have more trouble shedding pregnancy weight after childbirth than mothers who sleep for more than seven hours, according to a study published in the American Journal of Epidemiology.
The survey of 940 mothers found that the short-sleeping ones were three times as likely to keep […]