May 25th, 2011

Whoops: NFC Partner Spoils Google's Surprise Tomorrow. ViVOtech One Partner. Citibank Too?

Google is holding an event tomorrow in New York City. While everyone seems to be aware that it’s a partner event to announce the NFC strategy for their Android phones, Google has refused to confirm it. Well, they don’t have to. One of their partners just did.

We just got an email from the PR firm representing ViVOtech, wondering if we were going to the Google event tomorrow. They try to talk… → Read More

July 21st, 2010

Terra-Gen Power Closes $1.2B in Financing to Build Nation's Largest Wind Farm

Terra-Gen Power announced closing $1.2 billion in construction financing and wind turbine orders. The company will build four wind power projects for the Alta Wind Energy Center in Kern County, California, for which Vestas-American Wind Technology will provide 190 turbines with a capacity of 570 megawatts. This is the largest number of wind turbines ever ordered for a single site in the U.S.

The… → Read More

March 1st, 2010

In Wake Of Fabulis Debacle, Citibank Makes Changes To Internet Business Policy

Last week, Citibank found itself in the eye of an Internet storm after it was revealed that the bank had blocked the business account of Web startup fabulis over (non-existing) ‘objectionable content’ on the company’s blog. The topic was all the more sensitive because fabulis operates a social network / lifestyle website targeting gay men.

A Citi representative was quick to apologize to fabulis… → Read More

February 25th, 2010

Does Citibank Suffer From Homophobia Or Just A General Dislike For Startups?

I just finished reading a very unsettling blog post by serial entrepreneur Jason Goldberg, whose new startup fabulis has apparently had its bank account blocked by Citibank over posting “objectionable content” on its company blog, at least according to a bank employee he spoke to on the phone.

Fabulis is described on the blog as “the social network that helps gay men connect with amazing… → Read More

June 4th, 2008

Hooray, my credit/debit card now has RFID!

Guess who’s credit/debit card now has RFID? Yup, apparently I used my old card at a highly insecure location within the past few days, so much so that Citibank had to rush me a new card. And lucky me, this one has RFID, only MasterCard calls it PayPass. I do have the option of disabling the RFID chip by calling the bank, and I’m pretty sure I’ll be doing that as soon as this post… → Read More

February 12th, 2008

3G iPhone within six months says subprime-ravaged Citibank

[photopress:citiphone.jpg,full,center] Given the bank’s top notch performance during that whole subprime thing, would you trust Citibank’s opinion on anything these days? One of its fancy pants analysts has officially predicted that Apple will release a 3G iPhone sometime in the next six months, citing low inventory of the current model and high demand for a 3G phone in Europe. Said… → Read More