The Week in Words: On a missing $1.2 billion and global financial markets …

| January 21, 2012

I simply do not know where the money is, or why the accounts have not been reconciled to date. I apologize, both personally and on behalf of the company, to our customers, our employees and our investors. I truly know that they are bearing the brunt [of the collapse]. – Jon Corzine, head of MF [...]

Mobile app use soars while mobile browsing wanes

| January 21, 2012

The world is increasingly going mobile: mobile apps, to be more exact. New data out of app analytics firm Flurry finds that mobile users are spending more time in mobile apps than mobile web browsing, widening a gap that began for the first time last summer. Flurry said Monday that average smartphone users now spend [...]