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2011-02-21 12:45:00

According to technology blog TechCrunch, Internet music service Spotify is in the process of closing at least $100 million financing led by venture firm DST. TechCrunch said, citing unnamed sources, that the deal would value Spotify at about $1 billion.  This deal would add to DST's portfolio of online companies including Facebook, Zynga and Groupon. Yuri Milner, the founder of DST, said in November that the firm was seeking to invest in companies that typically have a $1...


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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