United Kingdom unemployment matches ours – and they use funny terms to describe it

Read this for news on the world economy, or just enjoy the interesting words the Brits use to describe their unemployment: Jobseekers Allowance (unemployment benefits), shadow work (?)…   UK unemployment total falls to 2.58m The unemployment rate fell to 8.1% in the period, down from 8.3% in the previous quarter. The ONS figures showed that the …

Venture capital investment had its biggest quarter (Q2 2012) of the decade

U.S. venture capitalists put $8.1 billion into 812 deals in the second quarter of 2012, their single largest quarter in more than a decade, according to CB Insights. It’s clear that factors like the greater American economy and the bumpy tech IPO market don’t necessarily have a direct and/or timely correlation with venture capital spending. …

Facebook’s first public earnings release, Q2 – July 26

Facebook will give investors and the world their first official look at its post-IPO earning for Q2 2012 at 2pm PST on July 26th, according to a brief note posted to its investor relations page just now. The company’s share price closed at $31.095 today, down $0.265 or 0.85%, but still closer to the $38 …

YouTube is finally making money – lot’s of it!

Is Google making money off of YouTube? You betcha, Google execs told shareholders today, without offering the slightest bit of detail. Par for the course. So, in lieu of real numbers from Google, here’s a Wall Street estimate: Google is making a ton of money from YouTube. More specifically: The video site should generate more than $3.6 billion …

Microsoft invests half billion in the Nook, making it more valuable than Barnes and Noble

Microsoft and Barnes & Noble have teamed up to compete against Apple and Amazon in the eBooks business. The new partnership sees Microsoft investing $300 million in a new Barnes & Noble subsidiary. The $300 million investment in the Nook subsidiary of Barnes & Noble gives Microsoft about 17.6 percent ownership of this business unit. …

Venture capitalists invested $5.8 billion in the first quarter of 2012

Venture capitalists invested $5.8 billion in 758 deals in the first quarter of 2012. The report shows that after a strong fourth quarter 2011, VC investment activity for the quarter fell 19 percent in terms of dollars and 15 percent in the number of deals compared to the fourth quarter of 2011 when $7.1 billion …