Articles By Yannick LeJacq

From Companies Aug 23, 2012

ZeekRewards Supporters Sign Online Petition As Company Is Handed Over To Receiver

Following reports that ZeekRewards.com and Zeekler.com were shuttered by the SEC after being declared a Ponzi scheme, over 13,000 users and Zeek affiliates have flocked to an online petition to defend the company from charges against its founder Paul Burks and his company Rex Venture Group.

From Companies Aug 23, 2012

ZeekRewards, Zeekler Affiliates File Class Action Lawsuit

A class-action lawsuit was filed Wednesday against Rex Venture Group, ZeekRewards and the company's founder and CEO Paul Burks.

From Companies Aug 23, 2012

Wind Turbine Maker Vestas To Cut 1,400 More Workers

Vestas Wind Systems A/S, the western Denmark-based energy company and the world's largest maker of wind turbines, announced Wednesday that it is letting go of 1,400 workers -- a 7 percent cut of its entire workforce.

From Companies Aug 22, 2012

Shell Plans At Least $1 Billion Investment In Chinese Shale Gas Per Year

Royal Dutch Shell announced plans to spend at least $1 billion a year exploiting China's supply of shale gas, Reuters reported. The news came from the energy firm's head executive in China, Lim Haw Kuang, who responded to Reuters' questions about the alleged $1 billion-a-year plan to invest in the potentially vast natural gas trove.

From Companies Aug 22, 2012

Electronic Arts Pulls Promo For Real-World Weapon Sales From Medal Of Honor Website

Electronic Arts Inc. (Nasdaq: EA) has removed a controversial promotion from the website for its upcoming military shooter "Medal of Honor: Warfighter" video game to sell branded weapons to the general public.

From Companies Aug 21, 2012

Silicon Valley Is Dying - Yammer CEO

David Sacks took to Facebook to air his grievances about the state of the revered San Franciso Bay area long assumed to be the centerpiece for innovation within the tech industry, giving a gloomy prediction of the tech industry's future shortly after selling his own company to Microsoft.

From Economy Aug 21, 2012

Gold Demand Plunges In Top Global Markets: Will Emerging Markets Take Up Slack?

Gold prices continued to decline this week, dragging even lower due to unusually weak demand from China and India -- the two largest gold consumers -- that has extended for several months.

From Companies Aug 18, 2012

Sharpie Parties Use Social Media To Galvanize Anger Vs. Foreclosed Homes

Amid the continuing foreclosure crisis, some young people are taking to social media to redirect their frustration and coordinate larger acts of vandalism against abandoned properties.

From Tech Aug 18, 2012

Electronic Arts For Sale? EA 'Quietly Exploring' Private Equity Interest: Report

Electronic Arts is "quietly exploring" opportunities for it to be sold to private equity firms, according to a New York Post report. Coming amid weak financial results for EA, the report casts doubt on the company's ability to transition into digital publishing effectively.

From Companies Aug 17, 2012

Sony's Dilemma: New IP, Cheaper Hardware For Longer Product Life Vs. New Products

Sony Corp. is doing its best to maintain Playstation 3 and Playstation Vita performance in the lead-up to next year's anticipated launch of its next-generation console by cutting costs and introducing a wide range of new intellectual property for the rapidly aging devices.