HOUSE OF THE DAY: Buy A Stunning Glass Cube On Lake Tahoe For $43 Million

A home in Crystal Bay, Nevada with sheer glass walls is on the market for $43 million.

The home offers beautiful views of the mountains and Lake Tahoe, and each of the four bedrooms has the sunrise as an alarm clock.

This architectural gem even has a glass elevator in the middle.

Also inside the house is a gym, a spa, 4.5 bathrooms, and an intercom system.

The house sits on a 21,387 square foot lot, which just big enough to keep the neighbors from peeping through the glass walls.

Please follow The Life on Twitter and Facebook.
Follow Meredith Galante on Twitter.

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

This Roy Lichtenstein Painting Could Fetch A Record Breaking $45 Million At Auction

  x You have successfully emailed the post.

Image: via Christie's

Pop artist Roy Lichtenstein's I Can See the Whole Room!...and There's Nobody in It! is expected to sell for a whopping $35 to $45 million at a Christie's auction in New York next month.

The painting, a comic book-style work that depicts a man looking through a peephole, first set a record when it sold at a 1988 Christie's sale for $2.09 million. It was expected to go for between $800,000 and $1.2 million.

The 1961 work is also poised to break the current record for the most expensive Lichtenstein work ever sold at auction. The current titleholder is “Ohhh ... Alright ...,” which sold for $42.6 million at last year's pop art sale.

I Can See the Whole Room!...is the highlight of Christie’s Post-War and Contemporary sale, scheduled for November 8.

Please follow The Life on Twitter and Facebook.
Follow Julie Zeveloff on Twitter.
Ask Julie A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Snapette, The App That Leads Women To Pretty Shoes In Nearby Stores, Just Raised $1.3 Million

  x You have successfully emailed the post.

Snapette, a fashion-focused product search tool, has raised a $1.3 million seed round of financing.

Brian Lee, cofounder of ShoeDazzle, is an investor.

A few weeks ago, we wrote that Snappette was one of the best new companies in the recent cycle of 500 Startups.

It brings pictures to local search.  Instead of searching for businesses that might have what a shopper is looking for, users can search for products and Snapette's results will tell them where the product can be found.

Snapette is like Food Spotting but it focuses on fashion, in particular women's bags and shoes. If a woman is in New York for an interview and needs a pair of shoes, she can scroll through trending products nearby, decide which store she'd like to visit, and walk in knowing exactly what she wants.

Former Harvard students Jinhee Ahn Kim and Sarah Paiji (pictured above) cofounded Snapette. The money will be used to grow the management team and launch mobile apps on the iPad, Android and Windows Phones.

Please follow SAI on Twitter and Facebook.
Follow Alyson Shontell on Twitter.
Ask Alyson A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

This Is Why Spotify Was Desperate To Get Into The US: It Lost $42 Million Last Year

Spotify's financial report for 2010 just came out, and it shows that the company's approach of getting to massive scale before its competitors just might work.

Revenues increased more than five times, from $18 million (11.3 million pounds) to $99 million. The key statistic, though, is cost of goods -- that's what Spotify pays in licensing fees to the record labels and publishers. Those costs went from $30 million to $102 million. (Music Ally has the full report.)

In other words, in 2009 Spotify was bleeding from licensing fees -- it was spending far more for content than it was getting paid. In 2010, it came much closer to breaking even on cost of gods. That's because it's got more listeners and -- critically -- more paying customers.

That's apparent from its subscription revenues, which grew from $11 million to $71 million. Ad revenues, meanwhile, grew much more slowly -- from $7 million to $28 million.

In general, subscription music services have to pay much higher rates than online radio services like Pandora, where users can't pick their tunes (probably between 3x and 5x, although the deals vary). Those higher rates apply even to free sample songs. Advertising rates are still too low to cover those costs, so the only way for subscription services to cover their costs is to get paying customers.

Spotify's net loss still increased from $26 million in 2009 to $42 million in 2010, but most of that cost increase was due to administrative expenses, not licensing costs.

These numbers are now 10 months old. Since then, Spotify has entered the United States with a big splash, and now has more than 2 million paying subscribers.

Here's the basic chart from Music Ally. Numbers here are in British pounds.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

HOUSE OF THE DAY: Buy Ryan Reynolds' House On The Sunset Strip For $1.6 Million

  x You have successfully emailed the post.

Hunky Ryan Reynolds is usually in the tabloids for breaking up with women, from Alanis Morissette to Scarlett Johansson.

Now he's parting ways with his Sunset Strip home on Carman Crest Drive, which he's listing for $1,599,000, according to the Real Estalker.

That's a relative steal; Reynolds paid just over $1.7 million for the home in 2007.

The pad has two bedrooms and 2.5 bathroom,s and spans 1,789 square feet.

There's a breathtaking patio with canyon vistas and--bonus! A view of ex-wife Scarlett Johansson's former home.

Please follow The Life on Twitter and Facebook.
Follow Meredith Galante on Twitter.

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Yieldex Raises $10 Million Series C Round From Hearst

  x You have successfully emailed the post. Digital advertising and analytics company Yieldex has raised a $10 million Series C round led by Hearst and others.

Previous investors include Amazon, First Round Capital and Sequel Venture Partners.

It has also snagged some big partnerships with major publications, including NYTimes.com.

Please follow SAI on Twitter and Facebook.
Follow Alyson Shontell on Twitter.
Ask Alyson A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

There Probably Won't Be Any $100 Million MLB Contracts In The Near Future

  x You have successfully emailed the post. In Major League Baseball history, teams have handed out 27 contracts worth at least $100 million. But two of the most recent signees will leave teams thinking twice before they hand out another $100 million contract for a player that doesn't have a history of carrying their team.

This past off-season, the two biggest free agents were Carl Crawford and Jayson Werth. Crawford signed a seven-year, $142 million contract with the Red Sox. And Werth signed with the Nationals for seven years and $126 million.

Together, those players made $32 million this season in salary and signing bonuses. They also hit .243 with 31 home runs and 37 stolen bases...combined. According to Fangraphs.com, Crawford was worth just 0.4 Wins above a replacement-level player (read: borderline minor leaguer) which translates to a dollar value of $1.6 million. Werth was worth a little more at 2.6 Wins or about $11.8 million.

While both Crawford and Werth have both been very good players for a very long time, neither player has ever being among the best in the game. They are all-stars, not Hall-of-Famers. And as a result, teams will likely be more hesitant to hand out big checks to that tier of very good players just below the superstars.

In the end, the greats, like Albert Pujols, will still get their big paydays. But it might be a while before we see another good-but-not-great player crack nine digits with their next contract.

Please follow Sports Page on Twitter and Facebook.
Follow Cork Gaines on Twitter.
Ask Cork A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

HOUSE OF THE DAY: 'Moneyball' Star Jonah Hill Buys Himself A $2.2 Million Home In The Valley

  x You have successfully emailed the post.

Image: Remax

Hollywood funnyman (and "Moneyball" star) Jonah Hill just bought himself a $2.75 million five-bedroom home in Tarzana, Calif. (the Real Estalker via Curbed).

The 4,650 square-foot house features 5.5 bathrooms, Carrera marble counter tops in the kitchen and sits on about an acre of land.

The formal dining room features a bay window, and the living room has a wood-burning fireplace.

The property listing describes it as straight out of the Hamptons

Please follow The Life on Twitter and Facebook.
Follow Meredith Galante on Twitter.

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

HOUSE OF THE DAY: A Really Nice North Carolina Farm For $4 Million

  x You have successfully emailed the post.

Live in a beautiful home that looks like a log cabin in the Forrest, set upon a mountain top.

Caledonia Farm, in Highlands, N.C., is listed at $3,999,000 by Christie's. The home has four bedrooms and 3.5 baths.

There are multiple decks and porches for outdoor living. On the property there is a guest cottage, a caretaker's cottage, a business suite, two barns, and horse back riding trails.

The property is 38 acres and has two wells and three springs.

Please follow The Life on Twitter and Facebook.
Follow Meredith Galante on Twitter.

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

15 Startups With $100 Million+ Valuations That Hardly Existed Last Year

  x You have successfully emailed the post.

Many of the world's most valuable startups haven't been around for very long.

Some companies with $100 million+ valuaitons were founded just this year. Others have been around, but didn't receive any traction until a few months ago.

We compared this year's Digital 100 list to last year's and found the most valuable new additions.

Please follow SAI on Twitter and Facebook.
Follow Alyson Shontell on Twitter.
Ask Alyson A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

FOR SALE: A $35 Million Estate In California That's Perfect For Horse Lovers

FOR SALE: A $35 Million Estate In California That's Perfect For Horse Lovers Login With Facebook | Login With Twitter | Login | Register The Life Contributors Home Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics EuropeData Misc. Your Money Video Latest Your News The Life Home Destinations Toys Real Estate Culture Travel The Life 50 HiveTapePRContributors Follow us on Facebook and get updates from The Life Contributors posted directly to your news feed  FOR SALE: A $35 Million Estate In California That's Perfect For Horse Lovers   1/10         Tags: Real Estate, Features, California | Get Alerts for these topics » Short URL Share: Twitter Facebook Buzz Digg StumbleUpon Reddit LinkedIn Email More about embedding posts »Embed More about Alerts » Alerts Newsletter See Also: A LOOK BACK IN TIME: 6 Listings That Revisit Architectural Styles Of The PastCheck Out The Other Models On Display At The 2011 Frankfurt Auto ShowIf Your Diamonds Came From One Of These Countries, They Probably Helped Fund A War
Advertisement

Enter you email address and zip code to set up customized email alerts.

Email Zip FOR SALE: A $35 Million Estate In California That's Perfect For Horse LoversJared Paul Stern, JustLuxe | Sep. 26, 2011, 8:30 PM | 1,002 | A A A   xEmail Article From To Email Sent!You have successfully emailed the post.

Image: via JustLuxe

Jared Paul Stern URL Jared Paul Stern is the editor of UrbanDaddy's DRIVEN and The Country Gentleman as well as a regular contributor to A Continuous Lean.

Recent PostsA Montana Tycoon Bought His Own Canadian Shipyard To Overhaul His...Beyoncé And Jay-Z Are Celebrating Parenthood Aboard A Yacht In...Drink The World's Most Expensive Whisky At A Hotel Lounge In... Jaguar Cars Partner with Luxury Brands for Platinum Access Gun Cabinet by Viscount David Linley Priced at $46,000 Merryvale Vineyards of St. Helena, California | Historic Napa Valley Winery El Campeon Farms in Hidden Valley, California, considered by many to be the premier equestrian property on the west coast, has been listed for sale at $35 million via Hilton & Hyland, an affiliate of Christie’s International Real Estate.

Situated on 158 acres of pristine, sustainable land, the El Campeon is known for hosting movie productions and serving as a training ground for Olympic athletes.

Residential elements include a main house with three en suite bedrooms and two offices, cottages, a ranch manager's house, ranch office and staff apartments, totaling nine bedrooms and 15 baths in all.

The world-class equestrian facilities include indoor and outdoor riding rings with Klinkert footing systems, a 200,000-square-foot Grand Prix grass arena, a 200-ton hay barn, solar power systems, a European horse exerciser, sand and grass paddocks, a complete set of jumps, a state-of-the-art 40-stall horse barn with veterinary facilities, and a tractor barn and machinery shops.

The picturesque acreage features a pond with a stream, a bridge, waterfall, dock and water wheel, wildflower meadow and riding trails. Hidden Valley is a peaceful enclave located between Santa Barbara and Los Angeles. Visit HiltonHyland.com to learn more.

Click here to tour the equestrian estate >View As One PagePlease follow The Life on Twitter and Facebook.

Tags: Real Estate, Features, California | Get Alerts for these topics » Advertisement: Short URL Share: Twitter Facebook Buzz Digg StumbleUpon Reddit LinkedIn Email More about embedding posts »Embed More about Alerts » Alerts Newsletter x

To embed this post, copy the code below and paste into your website or blog.

600px wide (preview)400px wide (preview) 300px wide (preview) Join the discussion with Business Insider
Login With FacebookLogin With TwitterName (Required)Email Address (Required but never displayed)URLComments (You may use HTML tags for style)Join the discussion with your Facebook Login Send Us A Tip!Remember Erin Burnett?Erin Burnett Reveals New CNN Show: News For Young PeopleCOURSE CORRECTION: Roger Ailes Is Taking Fox News To The CenterGet Business Insider Emails & Alerts Learn More »Customized instant email alerts(sample)More:Business Insider Select(sample)SAI Select(sample)The Wire Select(sample)Clusterstock Select(sample)Money Game Select(sample)War Room Select(sample)Sports Page Select(sample)Politix Select(sample)The Life Select(sample)Tools Select(sample)Europe Select(sample)Your Money Select(sample)SAI Chart Of The Day(sample)Money Game Chart Of The Day(sample)Sports Page Chart Of The Day(sample)10 Things In Tech You Need To Know(sample)10 Things Before the Opening Bell(sample)Politics in 60 Seconds(sample)Instant MBA(sample)Marketing Mondays(sample)Apple Investor(sample)Google Investor(sample)Microsoft Investor(sample)Breaking News Alerts(sample) Advertisement Your Money NASDAQ Composite 2,483 +33.46 (+1.347%) S&P 500 1,136 +26.52 (+2.334%) NYSE Composite 6,771 +170.08 (+2.512%)

Active Users on BI right now...
Click for more live stats »

Startup Document Center Templates To Jump Start Your Business Business Plan Exec Summary Sample
By-Laws Financial
Model See All » Become a ContributorRead MeTara-Nicholle Nelson

|6 Insider Secrets for Open House Prep

You’ve heard the same old tips for getting your place ready for an open house a million times...

Jared Paul Stern

|Drink The World's Most Expensive Whisky At A Hotel Lounge In Beverly Hills 4

Motor Authority

|Fisker Surf Concept Preview: Plug-In Hybrid Shooting Brake

Luxpresso

|Why Indian Luxury Residences Don't Match Up To Global Standards

Adel Zakout

|Check Out These Norwegian Architectural Gems 1

Eric Barker

|5 Things You Probably Didn't Know About Love

Motor Authority

|TEST DRIVE: The 2012 Mini Cooper Coupe

CheapOair

|This Is Where You'll Find The Best Street Food In London

Ariel Adams

|Reasonably Priced Custom Art Watches From Dedegumo Japan

Ariel Adams

|Nerd Meet Watch: Click Timepieces Come In Circuit Boards

Eric Barker

|10 Fascinating Facts About Sexual Attraction

Ariel Adams

|Porsche Design's Modern New Dashboard Watch

More »Most Read Read  Commented  Recommended 

15 Startups With $100 Million+ Valuations That Hardly Existed Last Year 265,998 Views

The 15 Most BIZARRE Economic Indicators 157,648 Views

BEFORE THEY WERE FAMOUS: Tech Executives Before You Knew Who They Were 155,814 Views

23 Hilarious Unfortunately-Placed Ads 135,624 Views

The 10 Richest Countries In The World 123,506 Views

Occupy Wall Street Is Getting Ugly 117 Comments

The Occupy Wall Street Protestors Are Starting To Get Foul 96 Comments

Is The Economy Getting Better Or Worse? Please Tell Us What You Have Observed In Your Neighborhood 92 Comments

Jamie Dimon Explodes During Private Meeting At The IMF Conference, Says Anti-American Regulations Will Kill Recovery 78 Comments

HOLY CRAP: Apple Just Cut iPad Orders By 25%* 76 Comments

Loading, please wait... powered by See more » AdvertisementThanks to our partners A-Z Index Companies Authors Tags Site MapLatestContributorsVideo Tools Job Listings Lists & Rankings Digital 100 Silicon Alley 100 Silicon Valley 100 Clusterstock 50The Life 50 America's Best Colleges Best Business Schools Sexiest CEOsMore Your Account Register Change Your Email Preferences About BI About Jobs at BI Masthead Contact Advertise Mobile Follow BI Email Newsletters Alerts RSS Twitter LinkedIn Facebook Verticals Tech Entertainment Wall Street Markets StrategySportsLifestyleToolsPoliticsEuropeData CenterMisc.Your MoneyVideoLatestPR

* Copyright © 2011 Business Insider, Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Serviceand Privacy Policy.| Disclaimer

Powered by MongoDB | Hosted by Datapipe | Web analytics by Empirical Path

var _comscore = _comscore || [];_comscore.push({ c1: "2", c2: "9900186" });(function() {var s = document.createElement("script"), el = document.getElementsByTagName("script")[0]; s.async = true;s.src = (document.location.protocol == "https:" ? "https://sb" : "http://b") + ".scorecardresearch.com/beacon.js";el.parentNode.insertBefore(s, el);})();

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Morgan Stanley Hit With $9.3 Million Lawsuit Over Sino-Forest Options

Hong Kong-based hedge fund Oasis Management is suing Morgan Stanley for $9.3 million over options bought in Sino-Forest, Bloomberg reports.

Here's what Oasis claims. [via Bloomberg]

Morgan Stanley failed to settle the options contracts in an effort to “limit its liability,” Oasis said in a lawsuit filed in London in July.

What supposedly happened was Oasis bought options to sell Sino-Forest for C$19 on May 12. 

Then about three weeks later, Sino-Forest's stock price plummeted after short seller Carson Block's research firm Muddy Waters said in a report that Sino-Forest had overstated its timberland holdings. Shares of the Hong Kong- and Mississauga, Ontario-based timberland company have dived 74% since June 1 -- the day before the report was released.

In order to settle the suit, Morgan Stanley would have to pay Oasis C$7.5 million, Bloomberg reports, citing the hedge fund's court filing. 

The filing also said that the put options are valued at C$9.5 million compared with C$2 million for the equivalent shares, the report said.  Back in May, Oasis claimed it paid Morgan Stanley a premium of C$770,000 for the options.

Oasis also alleges that Morgan Stanley claimed that the options were terminated because trading in Sino-Forest's shares was suspended.

Canadian regulators halted trading in shares of Sino-Forest on August 26, saying the Hong Kong- and Mississauga, Ontario-based timberland company may have engaged in fraud.

Oasis also said Morgan Stanley offered C$3.8 million to cancel the deal. 

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

HOUSE OF THE DAY: An Insane Chateau On Central Park Is Listed At $12.5 Million

  x You have successfully emailed the post.

A former 19th century chapel-turned-cancer hospital-turned-nursing home-turned-apartment is back on the market for $12.5 million (via Curbed).

The apartment is being billed as an investment opportunity. Someone (a renter) is currently living there, but will move out if he has to.

Sitting on Central Park West, the apartment features neo-French Renaissance Chateauesque style Prewar design, five bedrooms, five bathrooms, spanning 5,000 square feet.

The home has an interior private elevator, a chapel great room with vaulted ceilings and peaked chapel windows.

There's a library and balcony sitting room, as well as stone columns, an arched gallery, paneled rooms, antique French stone floors, gold-leafed, plaster walls, gas and wood-burning fireplaces.

Please follow The Life on Twitter and Facebook.
Follow Meredith Galante on Twitter.

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Confirmed (Again): Turntable.fm Finally Admits It Raised $7 Million

Earlier this summer we reported that Turntable.fm raised between $7 and $7.5 million dollars.

A lot of people didn't believe us. But, we were right.

On stage today at TechCrunch Disrupt, the group music listening company is announcing that it raised a $7 million round led by Union Square Ventures.

Turntable.fm was a pivot from a failed startup, Stickybits. Stickybits' original investors, First Round Capital, Polaris Venture Partners, and Lowercase Ventures, also participated in the round.

In addition, a number of entertainment and Internet industry executives invested. Some declined to be named (we speculate Kanye West and Lady Gaga). Other investors include Lady Gaga's manager, Troy Carter, MTV's Courtney Holt, former Facebook executive Tim Kendall, The Roots, and Madonna's manager, Guy Oseary.

Union Square Ventures' Fred Wilson will be joining Turntable.fm's board. 

The founders had a relationship with Fred Wilson that goes back 15 years. They've pitched him before, and Wilson has turned them down before. While west coast investors wanted in on the deal, the founders say that, because they're a New York company, they wanted to choose nearby investors.

Turntable.fm has been used by 600,000 people (40% are active users), and 1 million songs are streamed on the music site per day.  Turntable.fm was founded in May, 2011 by Billy Chasen and Seth Goldstein.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

HOUSE OF THE DAY: A $40 Million Château In The Chicago Suburbs Is About To Hit The Auction Block

  x You have successfully emailed the post.

Le Grand Rêve, a mansion in the  Chicago is about to hit the auction block.

This  27,000-square-foot palace sits on two acres and reportedly cost $40 million to build (via Curbed). 

The lake-front property was previously listed at $32 million, but was on the market for two years and the owners chopped the price to $23 million. With no prospective buyers in sight, the house is now up for auction.

The decadent estate has six bedrooms, five full bathrooms and three half baths.

Concierge Auctions is putting the house on the auction block Oct. 29.

Please follow The Life on Twitter and Facebook.
Follow Meredith Galante on Twitter.

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

The Real Reason Dave Morin Turned Down A $100 Million Offer For His 3-Month-Old Startup

  x You have successfully emailed the post.

Dave Morin was a former Facebook employee who set out to create a smaller social network, Path.

He launched it in November, 2010. Three months later, Morin turned down a $100 million buyout offer plus a $25 million earn out over four years from Google.

The move shocked a lot of people. How could a young founder walk away from so much money after only spending three months on the product?

There was a rumor that Dustin Moskovitz, Facebook's cofounder and one of Path's investors, had something to do with the decision.

At TechCrunch Disrupt, Moskovitz admitted his role in Morin's decision to decline Google's offer.

"I can't take full credit," he says, "but we happened to be on vacation together. It was me, him and Brian Singerman of Founders Fund.  It just was really clear from Dave's body language and what he was saying that he didn't want to do the deal. He was feeling pressured to do it. People were telling him, 'Take the deal, don't risk it all.'  The lesson learned is [founders should] set expectations higher [for themselves and their companies]."

Please follow SAI on Twitter and Facebook.
Follow Alyson Shontell on Twitter.
Ask Alyson A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

At $125 Million, Zagat Would Be Google's 10th Biggest Buy Ever (GOOG)

  x You have successfully emailed the post.

Google paid $125 million to buy restaurant guide company Zagat, says the Wall Street Journal.

That's exactly how much the company said it was worth about 11 years ago -- and quite a lot less than the $200 million it was trying to shop itself around for in 2008.

But it's still a pretty big bite for Google. In fact, it would be the company's 10th largest acquisition ever, right after On2 for $133 million, and social-gaming company Slide, which cost $179 million a year ago and was just shut down.

And it's way more than the $50 million Google reportedly spent for Android -- probably its best buy ever.

Here's the full list: Google's 15 Biggest Acquisitions (Before Motorola)

Please follow SAI on Twitter and Facebook.
Follow Matt Rosoff on Twitter.
Ask Matt A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

HOUSE OF THE DAY: A Housing Tycoon Is Selling His West Village Townhouse For $21 Million

  x You have successfully emailed the post.

A glamorous townhouse on West 12th Street owned by Ara Hovnanian, the owner of one of the biggest homebuilders in the country, is on the market for $21 million (via Mogulite).

The home spans 8,100 square feet and has two wood burning fireplaces, a garden, a study and home office, two maids rooms that share a bath, and a laundry room on the first floor.

It also has five bedrooms, each with its own bathroom.

Hovnanian paid $15.35 million for the home just a year and a half ago, so he could make some serious dough if the sale price is anywhere near the asking price.

Please follow The Life on Twitter and Facebook.
Follow Meredith Galante on Twitter.

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Coke Cancels $24 Million French Investment After Soda Tax Announced

  x You have successfully emailed the post.

Coca-Cola announced today that it will be putting a €17 million ($24 million) investment in a French factory on hold because of the French plan for a tax on sugary sodas, reports the AP.

The French government had hoped that the tax would not only help fight obesity but also help raise €120 million ($168 million).

However, Coca-Cola responded by saying arguing that the tax was unfair as the soda is “not harmful to health.”

On Coca Cola's French website, it says “[obesity] is not linked to the consumption of a particular product, but depends on the global nutritional balance."

Read more at France24 >

Please follow Europe on Twitter and Facebook.
Follow Adam Taylor on Twitter.
Ask Adam A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Meet The Stunning Cast Of Baz Luhrmann's $150 Million "Great Gatsby" Epic

  x You have successfully emailed the post.

Production has kicked off on whimsical director Baz Luhrmann's long-awaited adaptation of The Great Gatsby.

And casting was no small part of the holdup. (After all, it won't be easy to top the Robert Redford and Mia Farrow original, right.)

Luhrmann had table read after table read until he felt he had the perfect fit for each glamourous, legendary character.

Please follow The Wire on Twitter and Facebook.
Follow Megan Angelo on Twitter.
Ask Megan A Question >

x

To embed this post, copy the code below and paste into your website or blog.

View the original article here

This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.