Posts Tagged “Business”

Google is investing $100 million in a security company, CrowdStrike

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Security startup Crowdstrike is expected to announce a $100 million investment from Google Capital next week, a person close to the company told Business Insider, although this source did not reveal the valuation. CrowdStrike was founded by two ex-McAfee execs in 2011.  It offers a cloud tool that helps governments and enterprises discover and stop…

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Here’s what happened in e-commerce this week

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Happy Weekend! E-Commerce Weekender is a collection of our favorite e-commerce news of the week from BI Intelligence, Business Insider’s paid research service. DESKTOP COMMERCE DIMINISHES AS MOBILE GAINS POPULARITY:  Mobile devices are quickly gaining popularity as the preferred online shopping method among consumers. In prior years, mobile devices have struggled to gain footing in the e-commerce…

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Exclusive: RBS looking to sell $5 billion Greek shipping loan business

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LONDON/ATHENS Royal Bank of Scotland (RBS.L) is winding down its Greek operation and is putting its $5 billion shipping loans portfolio up for sale as the group scales back non-core activities, finance sources familiar with the plans said on Friday. The move, part of a wider strategy by RBS to shrink parts of its international…

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Selling A Business Organized As A "C" Corporation — When It Is Not A Tax …

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According to some industry surveys, well over 90% of business sales are “asset” sales as opposed to “stock” sales. More times than not, this is driven by specific tax objectives of the buyer. It has major tax implications for the seller that are – more times that not – bad. In a recent series of…

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30 years ago today Coca-Cola fixed a mistake that could have destroyed the …

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Flickr/Mike MozartCoca-Cola is the most successful soda company in the world. The most iconic American soda company once pulled a stunt that infuriated masses and nearly drove its business to the ground. Coca-Cola announced it was replacing its original formula with New Coke in April of 1985. The drink could have saved the company millions by cutting back on…

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‘Glamping” business raising eyebrows

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Members of the non-profit Honolulu Big Brothers Big Sisters were busy setting up camp at Waimanalo Bay Friday. Click here to watch Catherine Cruzs report. Its an annual event with a lot of hands tackling a lot of work, but a new company is advertising to do the work for you. Makai Camping Company was…

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UNSTOPPABLE TRUMP: The Donald is rocketing upward in the polls and …

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Real-estate magnate Donald Trump is on a roll. And three-plus weeks into his presidential campaign, he doesnt seem to be slowing down.  Not even a phone call from the leader of the national Republican Party — reportedly asking the presidential candidate to tone it down when it comes to his crusade against illegal immigration — has had…

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A big leak of hacking tools is ‘causing a bit of mayhem right now’

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A hefty cache of hacking tools were leaked to the masses this week when the controversial surveillance company Hacking Team was breached and 500 GB of its files were released for download on Twitter. The hacking team tools are of a much higher quality and are much more effective than anything hackers have had access…

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The NYSE got off easy

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On Wednesday the NYSE halted trades for three hours as it tried to understand a glitch in its system. Trades were rerouted to dark-pool exchanges, investors didnt lose money, and the NYSE was back online in three hours or so. But according to software experts, the NYSE got lucky. So far this is the worst…

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Radiator business built for the long haul

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BILLINGS, Mont. — Finn Origer was getting out of hamburgers. After supplying ingredients to Hardee’s restaurants for decades, he was ready for a new venture, though not a particular kind. In Origer’s years in business he learned stable demand was more important than personal passion. A business plan had to be water-tight with a steady…

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