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The Looney News – Aug 19, 2016
Aug 19th, 2016 by LOONEYEXECUTIVE

A few fun and interesting, though not necessarily “breaking”, news items from the business headlines

 

 

VW And The Price of Cheating

$15 Bil. That’s the amount of the settlement that Volkswagen agreed to with the U.S. government for “intentionally” cheating on emissions tests for its vehicles. I’m not clear how someone could “unintentionally” cheat. But apparently it is possible.

 

 

 

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Gawker Sells For $135 Mil

After being slammed to the mat and held to a three count by Hulk Hogan via a court decision, the online gossip site was sold for $135 Mil. Hogan’s favorable court decision of $140 Mil pushed Gawker to file bankruptcy. Yes – you can buy a company out of bankruptcy.

 

 

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A True Dog of A Tale

A couple of twenty something dudes. The U.S. government. A $300 Mil contract. Guns. Plenty of marijuana. It’s real life script tailor-made for the cinema. Need I say more. Sometimes the movie practically itself. Read on my friends. Read on. Oh yea, the movie is called “War Dogs”.

 

 

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$72 Mil to Leave Your Job

It’s not fun to get fired. I know. I’ve been there. However, as firings go, stuffing $72 Mil dollars into a duffel bag as you exit is slightly better than simply a swift steel-toed boot to the rear. As this article shows, the Shakespearean drama/tragedy known as Viacom seems near an end with current CEO Philippe Dauman headed to the unemployment line. If you see Mr. Dauman standing along the road with a tin cup and home-made sign, please toss him a couple of dollars to buy supper.

 

 

 

Blake Glenn shares his looney perspectives, stories, and mis-adventures in The Looney Executive blog. He has interviewed hundreds (or at least tens) of people via  The Looney Executive Podcasts and former TV show. He’s the founder of a tech group called IgniteTech, and claims to be a direct descendant of the original Looney Executive – Because there must be SOME explanation … right?

 

If you dare, I can be reached the old school way … blake@LooneyExecutive.com

 

 

The Looney News: Thursday Aug 4, 2016
Aug 4th, 2016 by LOONEYEXECUTIVE

A few fun and interesting, though not necessarily “breaking”, items from the business headlines

 

The Telephone Eats The Internet

Another one bites the dust!

Another Internet 1.0 pioneer has bitten the dust, at least in a sense. After years of buyout and merger rumors, Yahoo has finally been acquired by telephone company Verizon – itself a product of a series of mergers. It seems Verizon has embarked on a multi-course meal with plans to combine Yahoo with another recent meal – AOL. Here’s hoping that Verizon doesn’t get a case of severe indigestion from these two declining Internet dishes.

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The Yahoo Timeline

Launched in 1994, Yahoo was a mega-hit for a few years. This timeline shows an interesting history, including the deal that made Mark Cuban rich!

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Whatever Happened To The Internet Brands From the Web 1.0 Era?

Remember Altavista, Compuserve, and Netscape? A look at this list brings back so many memories. Ah, the good old days of Internet 1.0!

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Palace Intrigue … Redstone vs Redstone

There’s nothing more exciting than a good ole knock-down drag-out corporate battle. This tale of palace intrigue includes so many interesting items – a 90-something year old media mogul that refuses to relinquish power at Viacom; The mogul’s daughter making moves to assert her own power over the empire; A Viacom chief executive fighting back against the mogul AND the daughter; At least one much younger former mogul girlfriend that wants her piece of the pie … Whew!

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Man Claims iPhone Invention … in 1992

Will Apple have to fork over billions for infringing on an existing iPhone patent? Maybe. Maybe not. One word of advice though: If you want to secure a patent … always pay your patent fees!

 

 

Blake Glenn shares his looney perspectives, stories, and mis-adventures in The Looney Executive blog. He has interviewed hundreds (or at least tens) of people via  The Looney Executive Podcasts and former TV show. He’s the founder of a tech group called IgniteTech, and claims to be a direct descendant of the original Looney Executive – Because there must be SOME explanation … right?

 

If you dare, I can be reached the old school way … blake@LooneyExecutive.com

 

P.S.  I’m actively recruiting test contestants for my business game show experiment. Interested? Please contact me so I can add you to the player pool!

 

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