■ With the Paralympics set to open tomorrow The Capitalist is looking forward to falling into the grip of sports obsession once again. But if you’re still reminiscing about Team GB’s Olympic glories, and want to give some money to a good cause, have a look at the Mayor’s Fund for London auction. For City types, it’s no surprise that the bowler hat and pinstriped suit-wearing City Wenlock statue is proving a top draw, with the latest bids at over £16,730. But if you’re feeling a tad less conservative you could always celebrate London’s punk roots with Punk Mandeville – a snip at just over £5,100. Both are signed by the charity’s patron, Mayor of London Boris Johnson, and at 2m tall would be sure to put any neighbourhood gnome collection in the shade. To bid, go to: http://memorabilia.london2012.com
■ Facebook’s massive drop in share price - from an IPO launch at $38 to a close of $19.27 on Friday – clearly hasn’t dented the social networking giant’s confidence. While other firms might have retreated to lick their wounds, Facebook has unveiled plans for a massive 420,000 square foot campus annex, roughly the area of eight football fields. Space-age, high-tech buildings have become the norm for web giants, however. Apple has proposed a massive “spaceship” campus in Cupertino, California, while Google recently opened new offices in Venice, California, at the renowned “Binoculars Building” designed by architect Frank Gehry. Facebook’s new design also comes from Gehry, famous for the Guggenheim Museum in Bilbao, Spain. Plans for the new headquarters in Menlo Park were due to be sent to local city officials for approval yesterday. No doubt Facebook will be hoping they “like” them.