We've got a couple updates on the fate of TWINKIES today. One of which will make you happy, and one of which will fill you with incomprehensible rage. Because it's Friday, we'll go with the good news first.
The Good News: Twinkies are DEFINITELY Going To Live On. Yesterday, in bankruptcy court, Hostess announced there are 110 POTENTIAL BUYERS for its brands. That includes five major supermarket chains. In other words, unless some company wins the bidding war for Twinkies just to shut them down forever, they WILL be back. A 110-company bidding war means someone's going to pay a LOT to make and sell Twinkies.
The Bad News: Executive Greed in Your Face. The top executives of Hostess clearly ran the company into the ground. BUT . . . in bankruptcy court, the 19 top executives still had the INSANE CAJONES to ask that any sale of the company include money to pay them their BONUSES for 2012. Those bonuses? About $1.8 MILLION. Yep: They're fighting for their $1.8 million bonuses as their company's bankruptcy wiped out 18,000 jobs. Corporate douches.... [Associated Press]
There's more in the 'cloud' with new iTunes 11
Apple released iTunes 11 on Thursday, the latest version of its music, movie and app hub for the Mac and Windows computers. The new iTunes has been redesigned from the ground up with a completely new interface and more iCloud-centric features. The new iTunes features a wide array of new features, including a fresh new design. These include a new iTunes Store that has been completely revamped. You can now play purchases directly from iCloud or download them to sync to your devices. [The Next Web]
Groupon partners with Major League Baseball to offer daily deals site for its 30 clubs
Groupon has just hit a home run. The daily deals site announced that it is now the choice service for Major League Baseball’s interactive media and Internet company. Through this deal, the MLB will handle the deals from its 30 clubs right through the GrouponLive events platform. GrouponLive, the online ticketing deals platform for Groupon, originally started as a partnership with Live Nation. From GrouponLive, people can find tickets for concerts, sports, theater, arts, and other live events in the local area, or produced by Live Nation, or find discounted tickets from Ticketmaster. [The Next Web]
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The hidden demonology of Dora the Explorer, Exposed.









