BUSINESS/FINANCE:
- America's Monopoly Problem - "To comprehend the scope of corporate consolidation, imagine a day in the life of a typical American and ask: How long does it take for her to interact with a market that isn’t nearly monopolized? She wakes up to browse the internet, access to which is sold through a local monopoly. She stocks up on food at a superstore such as Walmart, which owns a quarter of the grocery market. If she gets indigestion, she might go to a pharmacy, likely owned by one of three companies controlling 99 percent of that market. If she’s stressed and wants to relax outside the shadow of an oligopoly, she’ll have to stay away from ebooks, music, and beer; two companies control more than half of all sales in each of these markets. There is no escape—literally."
- 71 percent of Americans aren’t saving enough for retirement
- Microsoft Has a Whole New Kind of Computer Chip -- and It'll Change Everything - "In the future, a few giant Internet companies would operate a few giant Internet services so complex and so different from what came before that these companies would have to build a whole new architecture to run them. They would create not just the software driving these services, but the hardware, including servers and networking gear."
- A disaster is looming for American men - "Job destruction caused by technology is not a futuristic concern. It is something we have been living with for two generations. A simple linear trend suggests that by mid-century about a quarter of men between 25 and 54 will not be working at any moment."
Sign up for email distribution of the Day's Most Compelling News below or by visiting Top of the News
- 71 percent of Americans aren’t saving enough for retirement
NEWS:
TECHNOLOGY:
- Microsoft Has a Whole New Kind of Computer Chip -- and It'll Change Everything - "In the future, a few giant Internet companies would operate a few giant Internet services so complex and so different from what came before that these companies would have to build a whole new architecture to run them. They would create not just the software driving these services, but the hardware, including servers and networking gear."
- Snapchat's camcorder goggles are creepy cool and kind of brilliant - "If Spectacles can intercept the smartphone camera and become the creative device that people use for any decent amount of recording — in what seems to be a proprietary format, with a custom-designed distribution network in Snapchat — that’s a pretty awesome position to be in."
OPINION:
- A disaster is looming for American men - "Job destruction caused by technology is not a futuristic concern. It is something we have been living with for two generations. A simple linear trend suggests that by mid-century about a quarter of men between 25 and 54 will not be working at any moment."
Sign up for email distribution of the Day's Most Compelling News below or by visiting Top of the News
No comments:
Post a Comment