Which Company Is the Most Social? Check the Social Business Index.

The Dachis Group helps companies track data related to their social media marketing efforts. Now it’s sharing that data with the world.
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Softbank to Sell Most of Yahoo Stake

Softbank, the Japanese Internet group, said Friday it will pocket a handsome profit by repaying a $1.135 billion loan it took out from Citibank in the U.S. with most of its 4 percent stake in Yahoo Inc., which is worth around $650 million at current market value.

Still Not Convinced the Cloud Is a Risky Place? Here Are Some Scary Numbers To Ponder.

The company that says cloud providers are in denial about risk has estimated the total costs from the recent Epsilon data breach. Here’s a hint: They’re big.

Citibank's Snafu Over Gay Site Looks Familiar

Citibank apologized Thursday evening to a gay social-networking service that claimed bank employees had blocked its account for “objectionable content” on the site.

Citi Denies Theft Report, Says Accounts Are Safe

Citigroup Inc. denied a report in The Wall Street Journal that federal authorities are investigating the theft of tens of millions of dollars from customer accounts by hackers, and sought to reassure clients that their funds are safe.

Mobile-Payment Services Grow

A handful of mobile-payment start-ups are gaining support from major finance players. Square, started by Twitter co-founder Jack Dorsey, goes live next year and allows merchants to swipe credit and debit cards through an iPhone attachment called a “square.”

Beatles Boost EMI. (But About That Debt…)

The good news for EMI is that it is selling lots and lots of Beatles albums. Still! The bad news: EMI’s owner is suing its lender–and trying to borrow more money. Who said the music business was glamorous?
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Netflix Delivers: Revenue on Target, Earnings Way Above, Guidance Increased

Netflix has been one of the rare winners during the recession/depression: Customers are flocking to the movie rental service and investors love the stock. This meant that expectations were very high for the company’s first quarter, and it appears to have met them.
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ComScore Finds a Glimmer of Hope: February E-Commerce Up. Has Consumer Spending Bottomed Out?

Here’s a tiny bit of sunshine, via ComScore CEO Gian Fulgoni: E-commerce sales were up two percent in February. That’s not much, but it’s better than the fourth quarter of last year, when e-commerce sales declined for the first time ever, dropping three percent. Best-case scenario? “We might well have bottomed out with consumer spending.”
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