Archive for the ‘Business News’ Category


Who is Lynn Tilton?

Sunday, July 18th, 2010

Lynn Tilton, a graduate of  B.A. in American Studies from Yale University and an MBA in Finance from Columbia University, serves as CEO and sole primary of Patriarch Partners, LLC and its associated entities (“Patriarch”).

Ms.Tilton’s career bridges 27 years and covers private equity,  financial engineering, loan sales and trading, investment funds, banking, fund raising and senior management. Presently, she serves as the Chairman and CEO of MD Helicopters, Inc., a leading manufacturing business of commercial and armed forces aircraft.

Ms. Tilton established Patriarch Partners to develop advanced financial solutions and to handle and monetize the disquieted portfolios of financial organizations.

Coke Zero

Sunday, July 4th, 2010

Coke Zero Coke Zero or Coca-Cola Zero is a product of the Coca-Cola Company. It is a diet variation of Coca-Cola. It is marketed as having zero sugar, except in the United States, Canada and Taiwan where it is marketed as having zero calories. Coke’s biggest formulation is intended to be a calorie-free alternative to Coca-Cola Classic. Coke Zero was Coca-Cola’s biggest product launch in 22 years. The marketing of the product targets young male adults. The launched commenced in Spain on Wednesday, 21 June 2006.

In the U.S. Coke Zero has been the primary sponsor of the Coke Zero 400, a NASCAR Sprint Cup Series stock car race held every 4th of July weekend at Daytona International Speedway in Daytona, Florida. The event was previously sponsored by Pepsi as the Pepsi 400.

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Google “I/O” 2010 : A Web Developer-Focused Conference

Wednesday, May 19th, 2010

Google is making headlines for all sorts of different reasons. From being a household name, to Wi-Fi data fiasco.  Things are far from slowing down in Google.  Tomorrow May 19, 2010, Google I/O, a conference held annually, will start and crowd of developers will be turned loose on different technical sessions, and various Google product  innovations.  Imagine how much territory Google has covered since Larry and Sergey Brin started their little Backrub search engine.  

Since, many Google products and technologies have spanned over this kind of event.  Android, Chrome, Google Web Toolkit, OpenSocial, Google AJAX APIs, and the newly announced Google Wave. In the upcoming web developer-focused conference, Google announced its plan to acquire global IP Solutions, launch new API for contextual gadgets in Gmail and release updates to Google Apps Script.

Google “I/O”, which may stand for “Innovation in the Open”, or input/output, would mean a big event for us but for Google, it’s just another week, another entry in its ongoing timeline.

Volkswagen, Suzuki partnership deal

Wednesday, December 9th, 2009

Volkswagen Aktiengesellcraft and Suzuki Motor Corporation have reached a common understanding to establish a close term strategic partnership. A framework agreement has been signed by representatives of both companies today.

The tie-up between the two car makers will create challenges to Toyota Motor Corporation, world’s largest automaker in terms of sales, and the deal is likely to trigger further realignment in the global auto industry.

Suzuki intends to rely on Volkswagen to develop eco-friendly vehicles such as gasoline-electric hybrids and electric cars, an area in which the Japanese company is lagging behind rivals, local analyst said.

Under their agreement, Volkswagen will acquire a 19.9 percent stake in the Japanese carmaker. Suzuki will sell its share to Volkswagen for around 222.48 billion yen under a third-party allotment to be carried out from mid-January. The Japanese carmaker is also expected to buy shares in Volkswagen by spending up to half of the money received from the German automaker.

Time Warner Cable NYC

Friday, December 4th, 2009

Time Warner Cable, located in New York with other offices in Cambridge, Massachusetts; Charlotte, North Carolina; and Herndon, Virginia, is an american national cable television company that operates in 27 states and has 31 operating divisions. It is considered as the second largest in the industry, known for it’s tiered pricing of it’s service. The New Tang Dynasty Television was offered to subscribers in November 2009, on channel 589. It is now being available for free to an approximately 1.16 million digital subscriber households. But the deal is about to expire this year, which includes such things as The Weather Channel, F/X, Food Network and HGTV.  On it’s website it was stated “We’re  just one company, but there are millions of you. Together, we just might be able to make a difference in what America pays for it’s favourite entertainment.” Time Warner Cable appeals.

For its first 20 years, Time Warner Cable was controlled by Time Warner. Unfortunately, it had been spun out to shareholders in March 2009. Time Warner Cable in NYC, are appealing for it’s subscribers help. It has released a new ad campaign in which it asks it’s customers for their support in the company while it negotiates with providers of network programming, so as to prevent raises in rates that the company will have to pay in carrier rights.

The New Tang Dynasty Television was offered to subscribers in November 2009, on channel 589. It is now being available for free to an approximately 1.16 million digital subscriber households. But the deal is about to expire this year, which includes such things as The Weather Channel, F/X, Food Network and HGTV.  On it’s website it was stated “We’re  just one company, but there are millions of you. Together, we just might be able to make a difference in what America pays for it’s favourite entertainment.” Time Warner Cable appeals.

New York City’s, Chinese residents reacted with enthusiasm to the news, making a record number of calls to it’s customer service hot line.