Revenue Service Building

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Silicon Valley's Perverse Disincentives To Make Money

$1,1 billion. That's how much your company is worth if it's long on users and short on paying customers. Just ask Tumblr. Or Instagram. Each yanked down billion-dollar acquisitions despite making virtually no revenue. 


Some seem to think so.

The Republican wolves are out for Obama but they are yet to draw blood Gary Younge

Beset by scandal at home and abroad, Obama's only luck has been in his opponents' tin ear for the public mood

The thing people often forget about the story of the boy who cried wolf was that, at the end of the day, there was a wolf.

Dell reports 79 percent drop in profits as PC sales fall

Computer giant Dell has seen its net profits fall by 79 percent to $130 million in the first quarter of this fiscal year. This highlights the shift in consumer demand away from traditional PCs towards tablets.