Word: kinged
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...dream of getting in a high-stakes game and, when they finally do, riding good cards and tight play to a money finish. Indeed, the current chips leader in this event (with 58.9 million chips) is Darvin Moon, 45, an honest-to-god logger from Maryland. (Read "The New King of Poker...
...Curse of the Mogul, Jonathan Knee, Bruce Greenwald and Ava Seave say the biggest problem with media companies is the moguls, who have been seduced into believing that content is king, bigger is always better and talent - especially their own - is irreplaceable. So blinded are they, they have mismanaged their companies and shareholders have suffered. Co-author Knee, director of the media program at Columbia University and an investment banker with Evercore Partners, weighs in on the next big media deal, the treachery of the Internet and why the movie business sucks. (See the top 10 financial collapses...
...princes and pictures for fetish sites that really, really shouldn't exist. Spam has even gone beyond e-mail: like kudzu, it adapts to clog whatever online inbox you might choose. On Oct. 30, the social-networking site Facebook won a $711 million judgment against the self-proclaimed "Spam King" Sanford Wallace. Wallace, a professional e-mail marketer from New Hampshire who also likes to be called Spamford, used ill-gotten passwords to surreptitiously log into user accounts for the purpose of sending advertisements to their list of friends. But Wallace isn't alone. Despite myriad legal and technological attempts...
...against Wallace are the exception to the rule; the majority of spammers go undiscovered and unpunished. Wallace, who already had a $230 million judgment levied against him in a case brought by MySpace last year, has already filed for bankruptcy; the judge in the Facebook case referred the Spam King to federal court to face additional charges, which could carry a prison sentence. The penalties combined are by far the largest ever for spamming - Facebook won an $873 million judgment against a spammer in 2008 that is the largest single penalty - but it's unlikely to prove much...
Would and did, says the sheriff of Larimer County, Colorado. Richard Heene, a self-styled scientist obsessed with tornadoes, aliens and getting a reality show, allegedly spun a plan to fake his son's Icarus-meets-Up ascent and become famous. But fame bit Heene when, on Larry King Live, Falcon heard a question directed to him by his father and made the mistake of answering honestly: "You guys said that we did this for the show...