Marketplace®

Daily business news and economic stories
Nov 7, 2013

Marketplace Tech for Thursday, November 7, 2013

It’s important to remember that in the tech world, venture capitalists come in all shapes and sizes. And a high profile V.C. just reportedly dropped $1.1 million on a new social network for teenagers called Shots of Me. Who is this mystery man? None other than Justin Bieber. Also, this week after months of waiting, Tom Wheeler became head of the Federal Communications Commission. As the new head of the body that regulates all kinds of communication, Wheeler will face some big issues.

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It’s important to remember that in the tech world, venture capitalists come in all shapes and sizes. And a high profile V.C. just reportedly dropped $1.1 million on a new social network for teenagers called Shots of Me. Who is this mystery man? None other than Justin Bieber. Also, this week after months of waiting, Tom Wheeler became head of the Federal Communications Commission. As the new head of the body that regulates all kinds of communication, Wheeler will face some big issues.