FriendFinder Cancels the World’s First Web Porn IPO After Investors Yawn

Last month, we posed this question in a headline about FriendFinder Networks: “Are Investors Finally Ready for an Internet Porn IPO?” Today we know the answer: No.

Your Karma Ran Over My Tesla

Tesla Motors has lost its Sturm und Drang race with Fisker Coachbuild. On Monday, an arbitrator ruled that Fisker did nothing untoward by introducing an electric-powered luxury sports car after doing some design work for Tesla.