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You Won’t Believe What The IPO For Candy Crush Is

Posted on February 18, 2014

King, the maker of the popular mobile game Candy Crush, just filed to raise $500 million in an IPO. Here’s the F-1 filing. Their growth numbers are insane. Here are the key numbers. Note the revenue chart. In Q4 2012, total revenue was $71 million. A year later, that jumped to $632 million. And the […]

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Can Electric Cars Be Charged Wirelessly?

Posted on February 18, 2014


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Toyota has announced that it will begin actual verification testing of its new wireless battery-charging system for electric vehicles, one that charges the battery of a plug-in hybrid or a pure-electric car by having the car park on top of it. Toyota’s charging system uses magnetic-resonance technology. This method transmits electricity by using magnetic resonance […]

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Union Vote in Chattanooga Doesn’t Go As Expected

Posted on February 15, 2014


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Workers at a Volkswagen factory in Tennessee have voted against union representation, a devastating loss that derails the United Auto Workers union’s effort to organize Southern factories. The 712-626 vote released late Friday stunned many labor experts who expected a UAW win because Volkswagen tacitly endorsed the union and even allowed organizers into the Chattanooga […]

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Is Amazon Raising Prime Price?

Posted on February 15, 2014

Amazon’s recent statement that it’s contemplating raising the price of its free-two-day-shipping membership program by $20 to $40 from its current $79 annual rate has ignited a firestorm of sorts and led to a UBS stock downgrade on Wednesday that cited concern that a significant percentage of existing Prime members won’t renew at a higher […]

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What Do Obamacare and Sochi Olympics Have In Common?

Posted on February 14, 2014


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I know what you’re thinking when you read the headline to this post: “How in the world can Obamacare and the Sochi Olympics have anything in common?” Well, from a practical standpoint, they don’t. However, when you look at them as ego-driven political maneuvers that have cost billions and backfired somewhat spectacularly, we start to […]

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Gun Control Activist Acts Like A Hypocrite

Posted on February 14, 2014

Gun

The word hypocrite comes to mind when describing the actions of Buffalo resident Dwayne Ferguson. The Tea Party News Network reports on the anti-gun activist, violating the “gun-free” zone on a school campus. Long time, anti-gun, community activist Dwayne Ferguson was arrested at a Buffalo, NY elementary school for carrying a gun on school premises. […]

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Unemployment Applications Rising Again

Posted on February 13, 2014

Applications for jobless benefits increased by 8,000 for the week ending Feb. 8, bringing the total to 339,000, up from last week’s revised figure of 331,000, the Labor Department announced Thursday. The four-week moving average, a “less volatile” figure, increased by 3,500, bringing the total to 336,750, down from the previous unrevised average of 333,250. […]

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Obamacare Enrollments Not Picking Up Speed

Posted on February 12, 2014


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The White House and its Congressional allies have been pumping greatly exaggerated Obamacare enrollment statistics in the media, which we helped debunk earlier in the week. How are they going to dress up an apparent sharp downward trend in sign-ups (or “plan selections”) in late January and early February, with the March 31 enrollment deadline […]

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