Archive for June, 2010
McDonald’s To Pay Cash For Recalled Shrek Glasses (NYSE: MCD)
Last week the announcement was made by McDonald’s that the company was recalling 12 million drinking glasses sold as part of the Shrek Forever After promotion. Of the 12 million glasses involved in the recall, 7.5 million have already been sold to American consumers at McDonald’s locations across the country. The popularity of the movie [...]
Sprint’s (NYSE:S) HTC EVO 4G Is Virtually Gone
The new HTC EVO 4G from Sprint (NYSE: S), the much anticipated competitor of the Apple (NYSE: APPL) iPhone 4 has hit store shelves and disappeared almost as fast. Sprint’s website is reporting the device is ‘so hot we can’t keep it on our virtual shelves” and tells consumers more ‘are on the way’. The [...]
Bank of America (NYSE: BAC) To Repay Millions in Countrywide Overcharges
Bank of America (NYSE: BAC) is about to pay out about $108 million on behalf of Countrywide Financial according to an announcement by the FTC. The money is being issued as a refund to homeowners who were charged faux fees by Countrywide Financial before Bank of America purchased the company in July 2008. Bank of [...]
Ford (NYSE: F) Announces Venture with Google (NASDAQ: GOOG)
Consumers ready to head out on the road with summer vacation plans will find it easy to get where they are going when driving a Ford. Ford (NYSE: F) announced it plans to add Google (NASDAQ: GOOG) Maps to Ford Sync communication system which is installed in Ford and Lincoln vehicles. The Google Maps addition [...]
Full Q&A With Prosper Marketplace CEO Chris Larsen
We recently did a question and answer session with Prosper Marketplace CEO, Chris Larsen. Here’s the full text: 1) Tell us about your two recent affiliate partnerships with Zero Motorcycles and People Capital. How were these two partnerships made? What sort of lending volume does Prosper Marketplace expect to garner from these two partnerships? Our [...]
Steve Jobs Provides iPad Sales Number Update, Announces iBookStore for iPhone (AAPL)
Apple (NASDAQ: AAPL) CEO Steve Jobs made a number of announcements at his keynote for the World Wide Developer Conference today. As expected, there were no major new announcements about the iPad. Jobs announced that Apple was selling an iPad every three seconds and that the device would be available in 19 countries by the [...]
Prosper Marketplace Regulatory Filing Admits its Loans are High-Risk
Prosper Inc, a peer-to-peer lending company, admitted that it loans are much riskier to investors than its marketing material might lead investors to believe in a new 10-K filing with the Securities and Exchange Commission last week. In the company’s 10-K disclosure, Prosper said that “Our Notes involve a high degree of risk” and that [...]
Current Audible.com Coupons: One Free Audio Book or Half-Off for Three Months
Audible.com has seen significant success in offering audio books to the masses through the internet. Typically a membership runs between $14.95 to $22.95 per month depending upon how many audio books you would like to get per month, but with the right coupons, you can get a free audio book or get half off on [...]
Smoke Screen May Bring Flash to Apple’s iPhone and iPod (AAPL, ADBE)
One of the most prominent criticism of Apple’s (NASDAQ: AAPL) iPhone OS devices including the iPad, iPhone and iPod touch is their inability to properly render websites which makes use of Adobe’s (NASDAQ: ADBE) Flash product. Apple CEO Steve Jobs has offered a number of reasons why Apple has opted not to support flash on [...]
Review: Facebook HD Chat for the Apple iPad (AAPL)
Chat for Facebook HD delivers exactly what it promises, the ability to chat with your Facebook Friends on Apple’s (NASDAQ: AAPL) iPad. In the application, you’ll see a list of your online friends in the left side of the application and your currently active chat on the right side of the screen. The chat functionality [...]
Lending Club Review: Our Review of Lending Club’s Peer-to-Peer Lending Service
Lending Club is currently the largest peer-to-peer lending company in the United States in terms of monthly loan origination in the world. Prosper Marketplace still holds the title of having originated a higher dollar amount in loans, but Lending Club is now generating far more in new loans on a monthly basis than any of [...]
Kiva: A Microfinance Story for the Digital Age (Our Kiva Review)
Although Microfinance initiatives have been around for some time, they did not gain significant notoriety until Matt Flannery and Jessica Flannery (Jessica Jackley) founded the organization we know as Kiva in October of 2005. Nearly five years after the organization’s founding, donors have loaned more than $117 million to entrepreneurs worldwide. Here’s our Review of [...]
Prosper Inc Executives Take Pay Cut
Top executives at Prosper Inc, a peer-to-peer lending company, have taken significant cuts in pay in 2009 compared to their 2008 compensation levels, according to a new regulatory filing that th company made with the Securities and Exchange Commission. Prosper Chief Executive Chris Larsen earned a 2009 salary of $125,673, down from his $150,000 salary [...]
Ford Announces Improvements to SYNC 911 Assist (NYSE: F)
In a June 3, 2010 press release from Ford, the auto maker announces improvements to the SYNC 911 Assist application available in many of its models. This announcement is timely in that the National Emergency Number Association (NENA) Conference for 2010 is being held from June 5- June 10 in Indianapolis, where thousands of emergency [...]
McDonald’s (NYSE:MCD) Recalls Risky Drinking Glasses
McDonald’s (NYSE: MCD) has announced it is recalling 12 million drinking glasses that are being sold by the franchise in support of the new Shrek movie, ‘Shrek Forever After 3D’. The glasses pose health risks to consumers, in particular can be hazardous for young children. In cooperation with the Consumer Product Safety Commission, McDonald’s has [...]
Citibank (NYSE: C) Helps Small Businesses Use Social Media
“Clearly, many small business owners do not yet see the benefits of social media to improving and growing their business. At Citibank, we’re committed to helping small business owners reach their goals and dreams – and that commitment includes ensuring they are aware of all the resources available to them,” said Raj Seshadri, the head [...]
Microsoft (NASDAQ: MSFT) CEO Says that the Apple (NASDAQ: AAPL) iPad is Just Another PC
Microsoft (NASDAQ: MSFT) CEO Steve Balmer says that he sees the world of personal computing changing shape, but that he still sees Microsoft at the center of it. When speaking at the All Things Digital show Thursday, Ballmer was asked by a reporter if Apple’s (NASDAQ: AAPL) iPad will change the in computing. “I think [...]
AT&T To Change Wireless Data Plans (NYSE: T)
On June 2nd, AT&T announced it will be offering new wireless data plans to consumers, making it more affordable to utilize mobile Internet features. The new data plans will go into effect for any new customers signing on to AT&T after June 6th, with existing customers reserving the right to either continue with the unlimited [...]
Will Apple (NASDAQ: AAPL) Drive PCs into Extinction?
At the Wall Street Journal’s “All Things Digital” conference held Tuesday night, Apple (NASDAQ: AAPL) CEO Steve Jobs was interviewed by Walter Mossberg and Kara Swisher. He talked about working on the iPad before the iPhone was developed, in the early 2000s. He said when he was shown a multi-touch interface Apple engineers had created, [...]
10,000 Bank of America (NYSE: BAC) Borrowers Contacted About Mortgage Forgiveness Program
Under a plan officially announced in March, Bank of America (NYSE: BAC) announced principal reduction would be the first step for helping their most troubled mortgage borrowers through the Home Affordable Modification Program (HAMP). On Wednesday, June 2nd, Bank of America Corporation announced it contacted 10,000 borrowers about the new loan forgiveness program which will [...]
Hands-Free Awareness Campaign Launched by Motorola (NYSE: MOT)
Spring is giving way to summer and as the seasons change so does our need to pay attention to summer safety. June is National Drive Safe month triggering many helpful reminders and resources to help keep you and your family safe during the summer season and throughout the year. Motorola is recognizing the importance of [...]



