There’s a long history of boring, location-based company names [qz.com] Yesterday, embattled hedge fund SAC Capital announced that it’s changing its name to Point72 in April, a name based on the address of the company’s headquarters in Connecticut.
The falling yuan explains pretty much everything weird going on in China right now [qz.com] Things are going haywire in China. On top of that, abysmal export data suggested growth was already withering.
Watch out, world: The Americans are coming back [qz.com] If you’ve noticed a dearth of the usual loud-mouthed American tourists in London’s Trafalgar Square, Florence’s Ponte Vecchio, or Tokyo’s Shibuya crossing, you’ve seen the trend.
Is there an inside joke in SAC Capital’s new name that everyone is missing? [qz.com] The decision by Steven Cohen’s SAC Capital to change its name to Point72 seems pretty bland at first glance, referring to the hedge fund’s headquarters at 72 Cummings Point Road.
Google now wants to help you manage your credit score, too [qz.com] Google’s venture capital arm, Google Capital, will plunk roughly $40 million into seven-year-old company, Credit Karma, in a bet that financial firms will pay to advertise to a carefully sifted se…
How Starbucks’ new mobile payments feature gets around the guilt-tipping problem [qz.com] Remarkably, though paying with your mobile phone has been possible for years at Starbucks, tipping with it hasn’t. The change, says Linda Mills, a […]
The maker of Candy Crush could be the most profitable tech company to go public since Facebook [qz.com] King, the Swedish company behind the insanely addictive Candy Crush mobile game, is firming up its IPO plans. But before jumping to conclusions about what this …
Meet the man who gave the world email attachments [qz.com] It was 22 years ago yesterday that Nathaniel Borenstein sent his colleagues the world’s first email attachment: a picture of his barbershop quartet, The Telephone Chords. To the […]
Nearly one in three Americans have no choice when it comes to their internet [qz.com] The above chart comes from a presentation(video) by Softbank CEO Mayoshi Son to the US Chamber of Commerce yesterday. There is no direct mention of T-Mobile […]
Yet another way France is falling behind the rest of Europe: temp workers [qz.com] The numbers: Adecco, the world’s largest staffing agency, reported a strong set of results in the fourth quarter. Quarterly profit quintupled, to €174 million ($241 million).
Bill Ackman hopes China will give his battle against Herbalife more credence than the US [qz.com] Bill Ackman has had mixed success enlisting the US government in his fight against Herbalife. But so far regulators haven’t launched […]
Japan’s top companies are giving workers their first pay raise in years—but it’s not enough [qz.com] Japanese workers at some of the world’s largest manufacturers are getting their first pay raise (paywall) since 2008.
How to fix boring conference panels: Get rid of the moderator [qz.com] It’s peak bad panel season. Hundreds of thought leaders are descending on Austin to sit in horizontally arranged groups of three to five, on a slightly elevated […]
Why Tabasco hot sauce is sold in those tiny 2-ounce bottles [qz.com] Each 2-ounce bottle of Original Red Tabasco red sauce contains exactly 720 drops. While competitors sell their hots in much bigger bottles, Tabasco still sees the smaller one as its trademark.