Alpina unveils B4 Biturbo at Tokyo Motor Show

Legendary BMW tuner Alpina has debuted the B4 Biturbo at the Tokyo Motor Show. The B4 Biturbo is based on BMW’s new 4-Series (specifically the 435i model). It sports a twin-turbocharged 3.0-liter straight-six. But Alpina has modified the engine to boost the power out to 410 hp. It can go from 0-60 in just 4.2 seconds – and has a top speed of 189 mph.

QUOTE OF TH DAY

“A man who wants to lead the orchestra must turn his back on the crowd.”
-Max Lucado

Spotify to Receive $250M Investment, Valued ‘North’ of $4B

Spotify has secured a $250 million investment round led by Technology Crossover Ventures on a valuation “north” of $4 billion, according to a story from the Wall Street Journal. The news affirms, with slight tweaks, rumors from two weeks ago on the same agreement.

While Spotify declined our request for comment, a source with knowledge of the deal said the numbers are “in the right ballpark.”

Spotify is poised to pay out $500 million to rightsholders over the course of 2013 and holds an estimated $400 million in equity and debt. TCV’s investment in the company would seem to bolster the notion that an initial public offering for the company is inevitable given its high valuation and investors such as TCV’s desire for a return on their substantial stakes in the company.

Within the digital media market, Technology Crossover Ventures also retains investments in Electronic Arts, Facebook and Netflix.

Chanel Cruise 2013/14 Collection Campaign by Karl Lagerfeld

Based primarily on neutral and dark colors such as black, white, midnight blue, grey and beige, the new collection emphasizes geometric prints, loose-fitting garments and high-waist pants and skirts. The campaign featuring models Ashleigh Good, Nadja Bender & Dalianah Arekion.

Microsoft founder Paul Allen’s new $27 million mansion

Microsoft co-founder Paul Allen has purchased a new mansion in Atherton, California. Allen paid $27 million for the estate, which sits on two acres of land and has a 22,000+ square foot mansion. The home features walls of glass, vaulted ceilings, six bedrooms, four powder rooms, a spa, a home movie theater and seven fireplaces. There is also a detached guest house with two bedrooms and a kitchen. On the outside, there’s a private pool, fire pit and patio area.

Summit Outside

INCREDIBLE PICTURES OF THE WEEKEND

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