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On Wednesday, FORBES launched the latest edition of our magazine. The Best of FORBES will feature some of the stories from the magazine throughout the week:
“The FORBES Global 2000 is a comprehensive list of the world’s largest, most powerful public companies, as measured by revenues, profits, assets and market value.This year, the Global 2000 companies hail from 62 countries, up from 46 in our inaugural 2003 ranking. In total, they raked in revenues of $38 trillion and profits of $3 trillion, with assets worth $161 trillion and a market value of $44 trillion” — Liyan Chen.
“Forget the delivery drones and TV deals. Jeff Bezos’ stealthy foray into the unsexy world of B2B distribution is likely his most disruptive move yet — and it has an $8 trillion swath of the economy running scared” — Clare O’Connor. Read Amazon’s Wholesale Slaughter: Jeff Bezos’ $8 Trillion B2B Bet
“For all the talk of a “golden age” of television, traditional TV networks have a big problem, and Mitch Barns, the new CEO of audience-measurement company Nielsen, thinks he can fix it” — Dorothy Pomerantz.
And in other news:
Check out FORBES’ Kashmir Hill’s week-long series about living on Bitcoin, again. Here is the second installment. Living On Bitcoin A Year Later: The Cryptocurrency’s Youngest Miner?
“Certain Twitter shareholders got their first chance to sell the stock since its IPO this week and the shares have been reeling as a result. But there’s another element to the slide that has the company’s share price plunging: an abundant appetite to short the stock” — Steve Schaefer. Read As Twitter Tumbles, Short Sellers Press Their Bets
“Bad news for students who need to borrow federal student loans: your interest rates for the 2014-2015 school year will be higher than they were during the 2013-2014 academic calendar” — Maggie McGrath.
“The longtime partnership between the Olympics and NBC will roll on for years to come. The Peacock Network just re-upped with the IOC for the rights to air the games through 2032, which kicks after the 2020 Games is valued at $7.65 billion. Covering six Olympic Games, it amounts to over a billion dollars for each one. NBC’s previous extension was for $4.4 billion from 2012 to 2020″ — Tom Van Riper. Read NBC Universal To Pay $7.65 Billion To Keep Olympics Through 2032
“For the first time since Forbes began ranking the world’s most valuable soccer teams a decade ago, two Spanish teams, Real Madrid and Barcelona, have grabbed the top two spots” — Mike Ozanian. Read The World’s Most Valuable Soccer Teams
On Wednesday, FORBES hosted an #AskForbes twitter chat with Zack O’Malley Greenburg who discussed the secret Wu-Tang album. We have the recap here.