| TRENDING STORIES IN BUSINESS & MARKETING | | | | | | | ALL STORIES IN BUSINESS & MARKETING | | |
| Samsung Spends Some of Its Cash on a 10-Percent Stake in Pantech | | Samsung has bought a 10-percent stake in Pantech, a South Korean mobile phone maker known primarily for its huge, feature-packed handsets, Yonhap News reports. The deal is valued at around 53 billion won ($47.6 million). With this move, Samsung will become Pantech's third-largest stake holder, following chip maker Qualcomm, which owns 11.96% of Pantech, and Korea's Development Bank, which owns a 11.81% of the company.
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| Alcohoot Brings Quantified Self to BAC | | Tuesday, May 21, 2013 10:56 PM | Dani Fankhauser |
| The Launchpad is a series that introduces Mashable readers to compelling startups. If you would like to have your startup considered for inclusion, please see the details here. Name: Alcohoot One-Liner Pitch: Alcohoot is a breathalyzer that attaches to your smartphone.
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| Nutella Sends Cease-and-Desist Letter to Its Biggest Fan | | Tuesday, May 21, 2013 7:28 PM | Todd Wasserman |
| Nutella, the chocolate hazelnut spread brand, has soured many of its social media fans by cracking down on a superfan who has helped spread the word in social media for more than seven years. Ferrero SpA, the Italian owner of Nutella, has sent a cease-and-desist letter to Sara Rosso, the creator of the 7-year-old World Nutella Day. On Ferrero's orders, Rosso is pulling the plug on the holiday, which had been celebrated on Feb.
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| Does Your '360 Campaign' Need to Be a Perfect Circle? | | Tuesday, May 21, 2013 2:28 PM | Dani Fankhauser |
| Let's visit a ninth grade math class. You're learning the basics of geometry and discover that a circle has 360 degrees. If you add up the degrees of each angle in a four-sided figure, it's 360 degrees, as well. But on a more thematic level, the number 360 represents a route that might travel near or far but lands in the same place it started. Everything is connected.
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| Report: ESPN Laying Off Hundreds | | Tuesday, May 21, 2013 1:52 PM | Lauren Indvik |
| ESPN is laying off as many as 400 employees Tuesday in an effort to boost profit margins, according to reports. A spokesperson for the Disney-owned network confirmed in an e-mail to Mashable that layoffs were taking place. The spokesperson declined to discuss numbers or details, saying only that the company is "implementing changes...
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| How Marissa Mayer Will Use Tumblr | | Tuesday, May 21, 2013 11:14 AM | Samantha Murphy |
| Yahoo CEO Marissa Mayer said she will use Tumblr to share her experiences with the community, from Yahoo news to pictures of... macaroon art.
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| Fred Wilson: Yahoo Will Put Tumblr on Same Level as Facebook, Twitter | | Tuesday, May 21, 2013 10:35 AM | Todd Wasserman |
| One of Tumblr's earliest investors, venture capitalist Fred Wilson, says the Yahoo deal will lead to an influx of advertising on the platform and bring it to the level of Facebook and Yahoo in advertisers' minds. "Tumblr has been pushing their native advertising system into the marketplace for the past year," Wilson told interviewer John Battelle Tuesday at the CM Summit in New York.
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| Apple Paid No Taxes on $74 Billion in Income, Senate Panel Says | | Tuesday, May 21, 2013 9:48 AM | Todd Wasserman |
| Apple CEO Tim Cook is expected to testify before a Senate subcommittee Tuesday to refute charges the company paid no taxes on tens of billions of dollars in overseas income. The Senate's Permanent Subcommittee on Investigations is expected to release findings Tuesday claiming Apple didn't pay taxes on at least $74 billion in overseas income. In response, Apple has released a statement explaining that the U.S.
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