Cake Financial , a startup that lets you compare stock picks with other investors, is unveiling three features that may help separate it from a large pack of competitors. The San Francisco, Calif.-based company already lets users import historical stock-investment data for up to 10 years from 70 brokerage firms . Now it’s leveraging that data to provide a stock rating system, an index fund based on the holdings of its top ten percent of investors, and an investment idea generation engine that, when launched, will automatically make transactions on the behalf of the user. The stock rating system, called Cake Take, lets users grade stocks A through F and weights each grade based on the grading investor’s own stock portfolio activity. It automatically updates 2,100 stocks multiple times per day. It’s similar to Morning Star and Charles Schwab’s 5-star systems that rank stocks for ’sentiment’ around the relative value of a particular security.
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This has been a brutal month or so for tech layoffs. According to our Layoff Tracker, there have been 19,683 job eliminations at tech companies announced since mid-September, and we’re not even counting the 24,600 people at Hewlett-Packard who are being eliminated as a result of its merger with EDS.
But only five big companies make up more than 90 percent of the layoffs: Xerox (3,000), Dell (8,900), Yahoo (1,500), eBay (1,500), and German chipmaker Qimonda (3,000). The other 3... more
401k Match From: beta.dailymotion.com Post Date: 2008-11-06 00:09:17
http://www.cakefinancial.com You may not be the only one contributing to your 401(k) plan, thanks to employer matches. What does that mean? Simply that your employer might match part or all of your 401(k) plan contributions. For example, your employer might match 100% of the first 4% you contribute and 50% of the second 2% you contribute. That can really add up. Let’s say you make $100,000 pear year and contribute 10% to your 401(k) plan. That makes your annual contribution is $10,... more
401k Regulations From: preprod.dailymotion.com Post Date: 2008-11-11 23:52:40
http://www.cakefinancial.com Congress authorized the creation of 401(k) plans in 1981, and today they’re governed by the U.S. Department of Labor. Although the government sets general regulations for 401(k) plans, plan administrators and employers may follow these regulations in a variety of ways. For example, regulations allow 401(k) plans to permit hardship withdrawals, but 401(k) plans don’t have to do so. Employers can also match your plan contributions in varying amounts,... more
In recent years, many journalists (including myself) have experimented with web services intended to help journalism go online, and those efforts have failed.
We’d hoped that things like better newsroom software or local community sites would allow quality reporting to run efficiently and survive as web businesses. But these efforts were often top-down. Newsroom software tried to mirror the needs of the traditional newsroom, for example.
But newsroom software hasn’... more
AOL doesn’t want to get left out of social networking games. Such games are taking off on social networking sites such as Facebook, where Zynga and Social Gaming Network have launched popular viral games.
Today, AOL is announcing an ad-supported mobile gaming community channel with games provided by New York-based Cellufun , a venture-backed company.
AOL said it is starting to make use of its Third Screen Media acquisition as all mobile banner ads on the games are being po... more
While many an entrepreneurs in Silicon Valley imagine their start-ups replacing established media companies, fast-growing mobile video startup MyWaves is instead working with the big companies.
Today, for example, it is announcing a deal with MTV, where MTV will — for the first time in its history — license its content to a third party mobile site that is not related to a carrier. MTV will also sell advertising on the MyWaves site and the two companies will split revenue f... more
Reality Digital provides software that web publishers can use to host their own collections of videos. The company was founded in 2004, before the latest wave of online video startups appeared, and has done well enough for itself, winning MTV, The Travel Channel and other large media companies as partners. And now it has also raised $6.3 million from OpenView Venture Partners . Reality Digital lets a third party use its software to host an entire interface for videos: The videos themse... more
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