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Cash is King.

The global central banks as well as the U.S Federal Reserve, attempted to pour hard cash into the markets today to ease the current credit crisis. While this had a short term rally on US Indexes(nearly everything ended up across the board today), consumers and …

Best Buy bought Napster…Good decision or mistake?

Best Buy purchased ailing music sharing site Napster for almost $127 million.
Why? To boost their digital media capabilities.
When? The deal is set to close by the 4th quarter 2008.
They are even offering a premium on the 47.9 million outstanding shares. Friday September …

Remember Napster…yea, neither does anyone else.

Remember Napster…yea, neither does anyone else.

Napster was once a great peer to peer file sharing program where music was free and plentiful. After being attacked by the RIAA and Lars (see: Metallica) it shut down. Then in 2002 Chris Gorog the CEO of Roxio, a CD burning program, …