article thumbnail

Bplans Briefcase: Business Stories to Keep You in the Know

Up and Running

Why they made headlines: Their innovative business model allows people to rent extremely expensive clothing for a fraction of the purchasing price. Previously this startup depended largely on renting clothes and accessories, and raised 60 million dollars in venture capital after only five years in business.

Syria 60
article thumbnail

Irene brings rain, flooding and end of news as we know it [#irene]

This is going to be BIG.

By overdramatizing the leadup and missing the real threats presented by the storm—the flooding—the news media dropped the ball on its responsibility to inform its audience. This was the “cry wolf” moment for the news, and from here on in, we will be tuning out. Forget new business models for journalism.

Libya 129