After tweeting that she hadn't slept for four days straight following the death of fiancée Casey Johnson, the internet's favorite oversexed pocket-celebrity, Tila Tequila, went AWOL for two days, only to return by announcing "I HAVE NO FRIENDS!"
Hey, New Yorkers - not neurotically self-conscious enough these days? Well, congratulations: you're next contestant on Bust Ass In Front Of The Google Street View Car.
It's one of many casually accepted, unchecked assumptions in Silicon Valley: Peter Thiel, the cofounder of PayPal and Facebook investor, is a billionaire, right? Leaked documents from his hedge fund, Clarium Capital, show he's not.
Luckily for you, the wife of the "CEO of one of the biggest TARP recipients" has unwisely chosen to write an anonymous diatribe about the hardships of life as a "TARP wife." Class rage ahead:
Mark Zuckerberg owns 27 percent of Facebook. That's great, right? Except Facebook is not worth $15 billion anymore (if it ever was). That means he's no longer a paper billionaire, says Forbes.
The Bush administration lawyers who formulated and justified the worst abuses and excesses of the administration's war on terror conduct are having trouble finding work!
What's Facebook really worth? The fast-growing social network is adding to its 150 million users effortlessly. But revenues aren't growing as easily. And that has Mark Zuckerberg's company tied up in legal and financial knots.
Peter Thiel, so-called visionary, is working CNBC hard at Davos. Why would that be the case? His hedge fund is $5 billion smaller than it was six months ago.
The first reaction of those who dwell in California's cradle of technology to the recession was blithe indifference — Wall Street's problem, not theirs. How swiftly they learned otherwise. A tipster sends in photographic evidence.
National Review's The Corner is the best blog in America if you enjoy abject despair, self-delusion, denial, desperation, and embittered finger-pointing. As yet more conservatives defect from the McCain camp, Cornerites press on, demanding that the media investigate Obama's birth certificate and calling…
We hear there's some kind of party happening tonight at the Pacific Heights mansionette of Larry Ellison, Oracle's multibillionaire CEO. He's not in town, so it should really be a rager. The occasion: The 10th anniversary of NetSuite's founding. Our invite was lost in the mail, but we're glad to hear Ellison's still…
I like how New York Times reporter Brad Stone ends his doom-and-gloom trend piece in today's paper — with a quote from a man who has more reason to be paranoid and jaded than most, failed Friendster founder Jonathan Abrams. Abrams, who now runs a six-person startup called Socializr, says he's prepared to “hunker down…
Venerable San Francisco financial firm Charles Schwab just took an $85 million hit, writing off some debt it owned in Lehman Brothers and Washington Mutual. On the Old Money quarter-mile, Montgomery Street, a small electronic ticker from Schwab offers a barometer. After yesterday's 777.68 plunge, the year-to-date…
It's the nature of the media business to take profits from the suffering of others, and coverage of the recent financial meltdown is no exception, helping to drive online traffic and (no doubt) newsstand sales. But the Wall Street Journal should be more discreet about its gloating, particularly given the newspaper…
Go figure: There were two Lehman Brothers-related weddings announced in Sunday's Times. The "for poorer" section of the vows must have rung brutally even before the company officially headed for bankruptcy, since the company was clearly in trouble before the weddings took place Saturday.
Everyone's so gentle with Peter Thiel, the fabulously wealthy Facebook investor and hedge-fund manager. Even Bloomberg: The news service recently reported that his $7 billion firm, Clarium Capital Management, saw its funds drop 13 percent in August, thanks to a costly bet against a rallying dollar. We'll do the…
Days after a Facebook plan to let employees sell some of their shares leaked out, Valley stockbroker Laurence Albukerk told BusinessWeek that "he knows of at least nine people who have sold or are trying to sell Facebook shares," and estimates dozens more. But three of them were looking to dump shares at a $5…
Nonsociety lifecaster, "tech blogger" Megan Asha, has damaged her iPhone 3G with a stiletto! Remember, it's wrong to take pleasure in the misfortunes of others. Except when the Jesus Phone is involved! HAHA. [NonSociety]
Wall Street's not the only American institution down on Google today. The Better Business Bureau rates the search giant "unsatisfactory." Why? On its record, 2 out of 331 complaints over the past three years were listed as unresolved. And for this, the BBB deems Google "unsatisfactory"? We can just imagine Googlers'…
There's a new episode of The Battery's Down out today. The internet series, about talented and only mildly irksome young musical theatre folk, managed to snag more stage favorites like Cheyenne Jackson, John Tartaglia, and the always delightful Jackie Hoffman for cameos. It's kinda fun and they even managed to get NY1…
