Yahoo's $1.1 billion purchase of Tumblr could be considered a bargain compared with its other big-dollar bets. The company's history is dotted with pricey purchases of once-hot Web properties that had more promise than eventual purpose. A look back:
When movie stars become unbankable, they're no longer a slam dunk at the box office. When investments become unbankable, they're relegated to the Wall Street's junk pile. For ordinary Americans deemed unbankable — those who don't have a traditional checking or savings account — it can be hard to simply pay bills.
And that absence of a bank account is about to become a big problem for those who also lack health coverage — and for the health insurance companies trying to sell them coverage. After all, how do you sell a product to a customer who has no easy way to pay you?
Iranians choose a new president next month, and one thing Iran's leaders are intent on avoiding is a repeat of the massive street protests that followed Mahmoud Ahmadinejad's controversial re-election in 2009.
The sponsors of those protests, known as the Green Movement, have been effectively silenced inside Iran, but not online. The heroine of a graphic novel about the violent suppression of dissent in 2009 is now launching a virtual campaign of her own.
William von Schneidau, an intrepid butcher in Seattle, is giving a whole new meaning to "potbelly pig." Lately, he's been feeding marijuana refuse to the pigs he turns into prosciutto for BB Ranch, his butcher shop in the city's famous Pike Place Marke
For years, one of the pieces of advice we've been ignoring is that we should really cut back on our salt intake. Now, a panel of experts convened by the Institute of Medicine says limiting salt below a certain amount may not really do us any good. Around here, we take this to mean: Eat as much salt as you can or you'll die.
Beijing has long been about the closest thing to an ally that Pyongyang enjoys, but the seizure of a Chinese fishing boat by unidentified North Koreans has threatened to put an already tenuous relationship on even shakier ground.
Chinese Foreign Ministry spokesman Hong Lei was quoted by The New York Timesas making it fairly clear that his government was not happy about the development.
Over the 60 years that Mel Brooks has been in the entertainment business, his name has become synonymous with comedy. He is the man who broke Broadway records for most Tony Award wins with The Producers (an adaptation of his own movie); who satirized Westerns and racism in Blazing Saddles; and who poked fun at monster movies with Young Frankenstein.
After uproar over some lesson plans some conservatives deemed un-American, a Texas company has decided scrap a curriculum system used by 877 school districts that were too small or too poor to produce their own.