Feb 6 2014, 4:30pm CST | by Forbes
Thursday marked the first day of New York City’s Fashion Week. Read So Far So Good: The Men Layer It On At New York Fashion Week and check out the slideshow:
“Mathew Martoma was not the only person who worked at Cohen’s SAC Capital Advisors hedge fund firm who has fainted when facing federal insider trading charges. Michael Steinberg, a former fund manager at SAC Capital, also fainted moments before a federal jury delivered a verdict in the criminal insider trading case the government made against him. Now, both Martoma and Steinberg have been convicted of insider trading charges” — Nathan Vardi. Read Mathew Martoma’s High-Risk Bet Against The Feds Results In Guilty Verdict
“Typically when a deep-pocketed rival enters a space previously dominated by a smaller player it spells trouble. But in the soft drink game there may be reason to believe that Coca-Cola’s deal for brew-at-home soda with Keurig-maker Green Mountain Coffee is actually good news for SodaStream International” — Steve Schaefer. Read Is Green Mountain’s Coke Deal Great News For SodaStream?
“Russian billionaire Oleg Deripaska is proving that every dog can indeed have its day. A charity financed by Deripaska has stepped in to try to save the stray dogs around the Sochi Olympic site that have been systematically exterminated in the past few months” — Abram Brown. Read Sochi Olympics: A Russian Billionaire Is Trying To Save The Stray Dogs
“At the Black Hat Asia security conference in Singapore next month, Spanish security researchers Javier Vazquez-Vidal and Alberto Garcia Illera plan to present a small gadget they built for less than $20 that can be physically connected to a car’s internal network to inject malicious commands affecting everything from its windows and headlights to its steering and brakes” — Andy Greenberg. Read This iPhone-Sized Device Can Hack A Car, Researchers Plan To Demonstrate
“How do you get yourself off the Forbes “Most Miserable Sports Cities” list? Well, winning the Super Bowl will do it. Pete Carroll’s Seattle Seahawks didn’t merely brush aside the annoying dishonor built up through many years of sports misery in the Emerald City. They slammed it away by dominating the Denver Broncos in front of the largest television audience ever, in the nation’s biggest city” — Tom Van Riper. Read Thanks to The Seahawks, Seattle Says Goodbye To Forbes ‘Most Miserable Sports Cities’ List
“Once upon a time, Disney was the only animated game in town. But animated movies can offer a great return on investment.So it’s not surprise that studios like Fox , Sony and Universal have gotten into the game. Now it looks like Warner Bros. is poised to become another player in the animation game” — Dorothy Pomerantz. Read ‘The Lego Movie’ Ups The Competition For Animated Movies
“So, what’s a veteran journalist looking for relevance, or a college grad seeking a way in, to do? Possessing a reporter’s tenacity and an editor’s savvy are givens. Today, it takes far more. It’s no longer simply identifying a cherished news brand like I did 40 years ago; or falling blindly in love with startup brands in waiting run by bold-faced media names; or even getting caught up in the romance of it all at the expense of clear-eyed thinking. Planning or extending a journalism career means coming to grips with the unthinkable: news is a business, certainly no longer a public trust, if it ever was. Here are seven critical business areas media hopefuls and stalwarts need to grasp” — Lewis DVorkin. Read Inside Forbes: 7 Need-to-Knows for Journalists About the News Business (‘New’ and ‘Old’)
Source: Forbes Auto
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