Dallas

By John Terrett in Americas on February 8th, 2011
Photo: AFP

Shares in America Online fell further on Monday just hours after a deal was inked - apparently in the tiered seats at the Super bowl in Dallas on Sunday - for AOL to buy the news and opinion web site The Huffington Post for a mere $315m.
 
It's the latest in a series of acquisitions by AOL as it struggles to recover its once dominant position on the world wide web.
 
So why Huff Po?
 
Put simply The Huffington Post is one of the most powerful online publications of its kind. 
 
It's already among the top ten global news sites, which is not bad for a start-up that's just six years old.
 

By Camille Elhassani in Americas on August 2nd, 2010
Photo by EPA

Barack Obama, the US president, is spending much of August on a fundraising tour ahead of midterm elections in November. He's raising big bucks for Democratic candidates across the country.

In the next two weeks he'll rack up frequent flier miles and campaign cash in Atlanta, Chicago, Dallas, Milwaukee, Los Angeles, Seattle, Miami and more.

There's an alphabet soup of official Democratic and Republican committees raising money – DNC, RNC, DCCC, NRSC, DSCC, NRCC, etc, all with the goal of collecting enough money to have a competitive advantage in the toughest congressional races.

According to the Center for Responsive Politics, the average cost of winning a House of Representatives race in 2008 was $1.1m. The average senate seat cost nearly $6.5m. 2010 is likely to be even more expensive.

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