It was only a matter of time.
Groupon fired its charismatic CEO Andrew Mason on Thursday after a tumultuous tenure pockmarked by accounting gaffes, sophomoric stunts and a whopping 77% decline in the company’s share price. …
Technology & Media
Revenue Up, Piracy Down: Has the Music Industry Finally Turned a Corner?
Fourteen years after Napster upended the music industry’s financial model, it may finally be time for record labels to start singing a happier tune. Sales are up, piracy is down, and new revenue streams may help the industry
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Memo Read Round the World: Yahoo Says No to Working at Home
New CEO (and new mother) Marissa Mayer says there will be no more working from home at the Internet pioneer. Puff goes two decades of workplace reinvention.
Google Hits ‘Glass’ Pedal as Apple Returns to Earth
The U.S. technology industry is one of the most dynamic in the world, particularly with respect to mobile and Internet-based computing, two areas that are evolving at breakneck speed. Things can happen very quickly in the tech …
What the Library of Congress Plans to Do With All Your Tweets
The Library of Congress is archiving every public tweet ever posted, and it’s now becoming clearer what research opportunities that data might present.
What’s It’s Really Like to Have a Quirky Job Title? The ‘Ambassador of Buzz’ Has His Say
Hey, if nothing else, having an offbeat job title helped the Ambassador of Buzz generate enough buzz to be featured in a Q&A at Time.com.
What’s an Oscar Worth at the Box Office?
Is winning a coveted Academy Award a priceless experience? Come on, this is Hollywood. Movie studios don’t tailor their release schedules around Oscar season and pour money into Oscar-bait films just for that warm, fuzzy …
As FCC Chief’s Term Nears End, Speculation Grows Over Possible Successor
On June 30th, Federal Communications Commission chairman Julius Genachowski’s five-year term will expire, which has led to speculation that Genachowski might soon announce his departure. Although the FCC chair is not a …
How Your Harlem Shake Videos Make Money for the Original Artist
Profits from ad revenue generated from all those Harlem Shake videos you’ve been watching went to the song’s creator thanks to a YouTube system to deal with copyright infringement.
Best Buy Swears Shoppers Don’t Have to Bother Showrooming Anymore
With the launch of a new price-matching guarantee, electronics giant Best Buy promises “the end of showrooming”.
Pay Less for Sporting Event Tickets—After You’ve Already Bought Them
You’ve probably never heard of “Purple Pricing.” But you’ll like that it gives you a chance to snag sports tickets below face value, without resorting to haggling, scalping, or timing the market right.
Movie Ticket Prices Hit All-Time High in 2012: Why That’s Probably Good for Moviegoers
Hollywood had a pretty good 2012. Movie attendance rose by around 6%, and theater revenues and average ticket prices both hit all-time highs.
