Beyonce Invests $150,000 In Side Step App Beyonce invested a nice piece of change into a start up app called “Side Step”, where people can buy tour merchandise with out standing in line. According to iTechPost , Bey made the investment through her company, Parkwood Entertainment and is already selling her tour keepsakes there while on tour right now through the end of October. Sidestep also sells merchandise for popular artists like Justin Bieber, Fall Out Boy, Selena Gomez and Panic! At The Disco. Other investors for the company include actor Jared Leto and former Lady Gaga Manager Troy Carter. Sidestep’s sales rose to 10 times from the last year, and has reached $ 2 million to date. Get your coins Bey!
Former NFL Star Will Allen Facing Decades Behind Bars Looks like Will Allen’s crimes could get him put away for most of the rest of his days. The former baller got caught running a Ponzi scheme and now decades years in the slammer. Via Bleacher Report : Former NFL cornerback Will Allen is facing decades in prison after being indicted on 23 felony counts stemming from an alleged Ponzi scheme run by the 36-year-old and a co-conspirator. Allen faces “12 counts of wire fraud, six counts of aggravated identity theft, one count of conspiracy to commit wire fraud and four counts of illegal monetary transactions,” according to records obtained by Jeff Ostrowski of the Palm Beach Post. Each charge of wire fraud could result in a 20-year prison sentence, according to Ostrowski, with shorter sentences for the other felonies. Prosecutors allege Allen and Susan Daub were the heads of a business, Capital Financial Partners, that offered short-term loans to professional athletes but ultimately defrauded investors of nearly $14 million. Of the $31.7 million obtained from investors, only $18 million went to the loans. “The defendants sold investors on the idea of lending money to pro athletes, but we allege that’s not where a large portion of the investors’ money went,” Paul G. Levenson, director of the SEC’s Boston office, said in a statement (via Ostrowski). “As in any Ponzi scheme, the appearance of a successful investment was only an illusion sustained by lies.” Life comes at you fast…
As many as 4.6 million users of Snapchat recently had their usernames and phone numbers hacked, and the company may be out big bucks as a result. Like really big bucks. The security breach is bad news for founder Evan Spiegel and other investors in the so-called “sexting” app valued in the billions. Snapchat Hacked Snapchat, for those unfamiliar with it, allows users to send text messages, pictures, and videos that self-destruct just seconds after being received. The whole company’s hook is that messages can’t be stored on incoming phones or devices and are also erased from Snapchat servers immediately. That means there’s no potentially incriminating or embarrassing evidence left behind anyone you know (or don’t know) who’s perusing your selfies or texts. Spiegel and his Stanford fraternity buddies reportedly invented Snapchat as a way to securely “sext” co-eds with impunity but the app has since expanded. According the company, Snapchat processed a staggering 350 million messages last September alone, up about six-fold from the prior February. The leak included not the pics, texts and messages themselves but just usernames and phone numbers, the company says, but skepticism remains. Last fall Spiegel reportedly turned down as much as $3 billion from Facebook and $4 billion from Google. Yes, he turned down billions with a B. The basis of the offers was Snapchat’s coolness with the kids and potential for grown-ups, making it well worth that sum to the two giants he rejected. But is Snapchat’s valuation and credibility in danger now if it’s as vulnerable as it appears from a security perspective, and offers no anonymity? Snapchat seems laid-back about the issue, issuing a snarky statement expressing gratitude for the individuals who brought the problems to their attention. Yet if the company is this easily hacked by a group whose sole motivation seems to be embarrassing the company, what happens with a more nefarious attacker? It doesn’t take much for an app or web phenom to lose its mojo. Time will tell if Evan Spiegel just passed on $4 billion for a company that just lost its reason to exist.
A woman was apparently so smitten with texting her boyfriend that she fell straight into a frozen canal in the UK, which suffice it to say is pretty hilarious. It all went down in Birmingham, England, when Capital FM Radio personality Laura Safe was texting her boyfriend en route to a shopping center. She was so engrossed in the text message that she didn’t notice she was heading straight for an icy cold canal a few feet from the base of a stairway. The rest, as they say, is viral history: Texting Woman Falls Into Canal Fortunately, area businessman Neil Edginton was able to rescue Safe. He said he saw the incident coming and tried to stop it, to no avail. Edginton “realized her focus was on her mobile phone and that she was going to walk straight into the water. I shouted to her to stop but it was too late.” “I dropped my phone and ran over to her. I had to lay down on the side with my arms in the water because she was submerged and pulled her out.” Although Safe did escape serious injury, she says she’s learned her lesson. “I’m a lot more cautious,” said Safe. “I don’t text any more. I’m too scared.”
Russell Erxleben has been arrested for kicking a financial plot way outside the uprights of the law. According to The Associated Press, the former NFL player was arrested yesterday on allegations that he schemed investors out of more than $2 million between 2005 and 2009. Erxleben, an ex-placekicker for the Saints and Lions, faces count of money laundering and security fraud. The maximum sentence for these charges? Over 100 years in jail! That’s worse than actually being stuck on the Lions! In 1999, Erxleben was sentenced to seven years behind bars after robbing other investors of $36 million. He stills owes $28 million in restitution from that incident.
Another $200 Million Raised by Twitter For Funding-Twitter has raised another $200 million to help its popular online communications service keep on growing . It has been reported that the investment had come from venture capital firm Kleiner Perkins Byers and other investors. The social networking site also added two new board members including veteran Another $200 Million Raised by Twitter For Funding is a post from: Daily World Buzz Continue reading →
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The leggings comeback over the last few years has been pretty amazing except when fat chicks wear the shit, but even that is tolerable, because of all the hot bodies I can pretty much imagine totally naked because shit is so fucking tight and girls don’t seem to think it’s a big deal that they are in fucking spandex for all us old people to stare at because when were were 18, girls only wore that shit to dance recital and gymnastics class, so I am a fucking fan. They are everywhere. Girls where them to bars as much as they wear the shit when they are slobbing out making for a lot of full ass and pussy definition I wouldn’t normally get to see….. Lindsay Lohan is involved in a leggings company that I assume is not doing as amazing as the investors probably hoped when they figured attaching Lohan to the brand, but they have decided to give it another shot but throwing her in the ad campaign and the whole thing is pretty disappointing, I’d rather see bitches at the coffee shop rockin’ the shit than whatever teenage angst this shit is trying to represent…but like leggings on fat chicks, this is tolerable knowing hotter pussy is buying her designs and wearing it in places I get to stare..
