A version of this post originally appeared on Climate Progress.
Apparently unable to find real activists, the coal industry paid astroturfers $50 to wear pro-coal T-shirts at an Environmental Protection Agency (EPA) hearing yesterday.
The EPA hearings, held in Chicago and Washington, D.C., were focused on the agency’s first-ever carbon standards for new power plants. The industry has adamantly opposed these standards, as well as standards on mercury -- a pollutant that even Sen.
Tim De Chant at Per Square Mile has noted that rich urban areas have way, way more trees than poor areas in the same city. In fact, the difference is so stark that income inequality can be seen from space. The satellite images above are low-income West Oakland and high-income Piedmont, and I probably don't have to tell you which is which.
Facebook is still trading well below its IPO price, and suddenly it's hip to dump on the company. Sure, that IPO was ugly, and its negative effects will continue to be felt for some time. But to everyone out there who thinks Facebook has already played all its revenue tricks and so isn't worth all the hype, I say: hold up.
It has been a week since the Facebook IPO, with a whole lot of drama in the aftermath about the glitch with Nasdaq (and the legal implications), and questions about how much traders have lost as a result, while the share price has fallen: from a start of $38 it is now $32.79 in pre-market trading. But in a speech earlier this week to the 2012 graduating class of Harvard Business School, Facebook's COO Sheryl Sandberg steered very clear of these topics.
SurfAir, the company launching a new small jet service between Silicon Valley and Southern California, has gotten so much interest from the Venture Capital community that we’re hearing it’s accepting a little more than expected.
When we originally interviewed SurfAir CEO Wade Eyerly last March, he indicated the company was seeking about $2 million. But over the past couple of days we’ve gotten unsolicited calls from investors, who wish to remain anonymous at this point, who have told us that there was so much demand that the company has raised nearly $14 million.
Reblogged from Fortune Tech: Technology blogs, news and analysis from Fortune Magazine:
FORTUNE -- The oldest adage on the sea is that the two happiest days in a sailor’s life are the days he buys his boat and the day he sells it. For three business titans, the days seem to be getting happier.
In 2009, Tom Perkins, the nonpareil venture capitalist of Silicon Valley, sold the Maltese Falcon, a 289-foot futuristic Darth Vader-esque square-rigger.
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