| TRENDING STORIES IN BUSINESS & MARKETING | | | | | | | ALL STORIES IN BUSINESS & MARKETING | | |
| Google Chairman to Sell $2.5 Billion in Stock | | Friday, February 08, 2013 6:47 PM | Chris Taylor |
| Eric Schmidt is cashing in on his massive pile of Google shares — to the tune of more than $2.5 billion. The chairman and former CEO has filed the necessary paperwork with the SEC that will let him sell roughly 42% of his stake in the search giant over the next year, Google announced Friday after the markets closed. Over his decade at the company, Schmidt has netted 7.3 million Google shares, representing nearly 3% of the company.
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| The Vine Effect: How Twitter's App Is Impacting Social Video Startups | | Friday, February 08, 2013 2:59 PM | Seth Fiegerman |
| If you ask Twitter's CEO Dick Costolo why the company decided to buy Vine, an app for creating and sharing six-second videos, the answer is simple: It's the next big thing. "When Facebook bought Instagram, I said we’re not going do what those other guys did. We’re looking for the next thing," Costolo told The Wall Street Journal in a recent interview.
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| Brewery Generates Energy From Its Beer | | Friday, February 08, 2013 12:35 PM | PSFK |
| As of December 2012, there are more than 2,700 breweries operating in the United States — more than at any other time since Prohibition. In 2011 alone, 174 new microbreweries opened their doors in the U.S. The explosion of breweries in the past two decades would seem to suggest that this is an easy growth, cash cow market, but it’s much more difficult to annually turn a profit than these figures might suggest.
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| Vine Gives Twitter a Front-Row Seat at Fashion Week | | Friday, February 08, 2013 12:19 PM | Lauren Indvik |
| Reporters and other attendees of New York Fashion Week are continuing to explore new methods for live reporting. After embracing Instagram a year ago, and Viddy and other forms of mobile video in September, Twitter's newly released video app, Vine, has emerged as the recording (and sharing) platform of choice this season. Vine has proved uniquely suited to NYFW coverage so far.
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| Microsoft SkyDrive Now Stores Over 1 Billion Documents | | Friday, February 08, 2013 11:03 AM | Seth Fiegerman |
| Microsoft announced Friday that SkyDrive has hit a major milestone: there are now more than 1 billion Office documents stored on the cloud service. SkyDrive has been around since 2007, but it really gained traction at the end of 2011 when Microsoft started rolling out SkyDrive apps for iPhone, Android and Windows phones.
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| AOL Revenue Grows in Q4 for First Time in 8 Years | | Friday, February 08, 2013 9:21 AM | Seth Fiegerman |
| For the first time in nearly a decade, AOL's business is actually growing again. AOL reported revenue of $599.5 million in December, a slight 4% increase from the $576.8 million it generated during the same quarter in 2011. Not only did that beat Wall Street's estimates for revenue of $573 million, but it also represented the first year-over-year growth for the company in 8 years.
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| Greenlight Capital Sues Apple And Two Other Stories You Need to Know | | Friday, February 08, 2013 8:51 AM | Stan Schroeder |
| Welcome to this morning's edition of "First To Know," a series in which we keep you in the know on what's happening in the digital world. Today, we're looking at three particularly interesting stories. Greenlight Capital sued Apple Thursday, hoping the action would get Apple to return more of its cash reserves to shareholders.
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