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Societies welcome FSA risk debate
THE City watchdog yesterday said that it plans a crackdown on building societies branching into riskier business. The Financial Services Authority (FSA) wants to ensure mutuals moving away from their...
BBC

And there are people who will buy Candy for $3 Million (they just did)
If you own a very creative (read simply creative) domain on the web, you are lucky. Why? Well if it attracts someone with a sizeable value in cash, you will be a millionaire by simply signing it off to someone else. Presently, Candy.com has been purchased by G&J Holdings for $3 million. Quite expensive for a candy, anyone will pay that much when you have got close to a million searches a month for the word alone. Now each name on the web is unique and creative enough, but what makes it worth all that cash is how much traffic that particular web property pulls in and secondly how simply creative is the domain name and Candy.com has both. Reports state that G&J will be using the domain to become the online store for candies. Talk about an expensive bite. ---Related Articles at Startup Meme:ClickPass embeds Google, Hotmail, Yahoo and Facebook into its OpenID.12seconds- a micro video messaging service or call it a true “twitter video”
Startup Meme

Microsoft's Chris Satchell joins IGT as its CTO
International Game Technology, manufacturers of gaming hardware have made a key hiring as Microsoft’s gaming exec, Chris Satchell  joins as its CTO. Chris had been in the same position at Microsoft, spending more than seven years in its division that handles entertainment business. His work included Microsoft Game Studios, XBox, XBox Live. IGT also has its branches in the online and mobile gaming sector apart from building gaming machines, both of which can utilize Chris’ vast experience. ---Related Articles at Startup Meme:ClickPass embeds Google, Hotmail, Yahoo and Facebook into its OpenID.12seconds- a micro video messaging service or call it a true “twitter video”
Startup Meme

Utah business
CMC Construction Services recently completed the construction of a showroom at 1551 S. Pioneer Road (2700 West) in Salt Lake City. The showroom features a wide selection of construction-related products from the industry's top manufacturers.
The Salt Lake Tribune

Yahoo Opens up to More Third Party Apps in attempt to make MyYahoo more useful
In a bid to become more open as in announced that those using MyYahoo  will now be able to access third party apps by adding them to their start page. Those apps include the likes of WordPress, KaChing and those from Mint. Those are just a few of as many as 14 apps that you can make a selection from. This would provide users the chance to make use of the various services they use right from their Yahoo start page and help Yahoo achieve some significance amongst its users as a one stop platform to use services, without the need to access each in a different window. The entire thing is based on the Yahoo! App Platform, however developers need to work out a bit to make those apps work smoothly with Yahoo. Sounds constructive, for once Yahoo has given us something other than its usual news of execs quitting or some senseless deal with Microsoft. ---Related Articles at Startup Meme:ClickPass embeds Google, Hotmail, Yahoo and Facebook into its OpenID.12seconds- a micro video messaging
Startup Meme

Bars respond to downturn with creativity, lower prices
Some of the hottest spots in the Valley are feeling the chill of the recession. That means bar and club owners are dropping prices, enhancing customer service and promoting more than ever to keep customers coming.
AZ Central

BofA names four new directors in shake-up
Bank of america named four new directors as part of a shake-up designed to infuse the board with more financial services expertise
FT

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