Mark Cuban has been served with insider trading charges. By the looks of it, I don’t think think the SEC has a strong case and who knows if he is innocent or not, but I find it ironic that he is the majority owner of sharesleuth.com. A company whose about us page states “Sharesleuth.com is an independent Web-based reporting aimed at exposing securities fraud and corporate chicanery.” Quite funny. I am impressed at the hardline stance Techcrunch gave Cuban as I know they have worked together in the past.
I noticed on TechCrunch that Flipswap just got $14M in funding. The company’s model stood out for me because I just saw a special on 60 Minutes on electronic waste coined “eWaste.” Apparently 100 million cell phones are thrown out every year. The problem is that our electronics like cellphones, laptops, and monitors are shipped to other countries to be decomposed and melted down and the regulations in these countries can be extremely poor. Meaning when these products are broken down they are just releasing this pollution in the sky and many of the workers can get sick from this process.
It looks like Flipswap can not only help the environment but also help your pocketbook.