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Monthly Archives: October 2013

Send-it and forget-it company Snapchat looking for $3.6 billion dollar valuation

  Image by Snapchat via DailyMail, hyperlinked video via Bloomberg   Since its inception two years ago, the Venice, California based Snapchat has seen explosive growth within the social media realm. Recently in September, Snapchat announced that the company was “processing 350 million ‘snaps’ per day”, putting the social media giant on par with Facebook, which also counts approximately 350 million photos/video uploads per day.1 Despite the lack of revenue streams, its great value proposition has enabled Snapchat to gain great […]

Loblaw to offer compensation to garment workers in Bangladesh

Image by Andrew Biraj via The Star   After a series of protests and media scrutiny, Loblaw Cos. Ltd. has finally provided a framework for how it will compensate the victims of the deadly collapse of a clothing factory in Bangladesh, which was the supplier of Superstore’s ‘Joe Fresh’ clothing line.1 Loblaw’s proposed plans of compensation have come 6 long months following the collapse of the Rana Plaza factory building, which in turn resulted in the world’s worst industrial accident in […]

Bad Stocking Stuffer: A Stock Market Blunder

Image by Joseph Pisani via The Associated Press   Twitter, the multi-billion dollar social media giant can’t seem to stray from stock market news. With skyrocketing popularity among the general populace, advertisers and celebrities alike, Twitter has undergone massive growth over the past few years. Earlier in 2013, Twitter announced its plan to go from private to a public company, and is projected to sell its shares at between $17-$20 per unit.1 However, “Tweeter”, a different company with a similar name […]

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