Smarkets CEO Jason Trost lets employees pick how much they want to get paid. Smarkets Smarkets, a betting startup based in London, lets employees pick how much they want to get paid. The system works through social consensus, and each employee’s salary information is published in the company’s internal wiki. There are pros and cons […]
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What happens when you let employees pick how much they want to be paid? This company decided to find out.
Experts from chip designer Arm on how chip design will evolve to ensure performance keeps advancing. “Moore’s Law is dead. Moore’s Law is over.” So says Mike Muller, chief technology officer at chip designer Arm, the Japanese-owned company whose processor cores are found inside nearly all mobile phones. Given Moore’s Law has been the engine […]
“The new approach could even pave the way for 100 percent self-sufficiency in power, heat, and water.” A new report funded by the Dutch government finds that microgrid technologies could make a local “techno-economy” 90 percent self-sufficient, through the decentralized sharing of energy at the local level between multiple households. This report adds fuel to […]
A group of seven swimmers was in trouble when an undertow whisked them off to sea. Fortunately, a lifeguard drone was deployed to the rescue. When a group of seven swimmers found themselves carried off into the ocean by an undertow in Valencia, Spain Wednesday, time was of the essence. Though they successfully managed to […]
Fifteen years after Billy Beane disrupted Major League Baseball by applying analytics to scouting, corporations are rewriting the rules of recruiting. The online games were easy–until I got to challenge number six. I was applying for a job at Unilever, the consumer-goods behemoth behind Axe Body Spray and Hellmann’s Real Mayonnaise. I was halfway through […]
Last August, 50 employees at Three Square Market got RFID chips in their hands. Now 80 have them. When Patrick McMullan wants a Diet Dr Pepper while he’s at work, he pays for it with a wave of his hand. McMullan has a microchip implanted between his thumb and forefinger, and the vending machine immediately […]
Bills so pretty you’d never spend them. Industrial designer Andrey Avgust hails from Belarus, a country whose currency I admit I’ve never seen. But he’s seen our yankee dollars and recognizes that their design kind of stinks. For fun Avgust gave U.S. bills a redesign, starting with the material: Polymer.
Technology has forever changed how Americans shop for homes. Thanks to sites like Zillow, Trulia and the dozens of others like them, buyers can now brown se listings, find homes and narrow their search all on their own—without ever calling in an agent. And with online mortgage lenders cropping up left and right, they can […]
A controversial study suggests that people become entrepreneurs because they realize they’re worth more than their resumes. If you asked me why I gravitated to startups rather than work in a large company I would have answered at various times: “I want to be my own boss,” “I love risk,” “I want flexible work hours,” […]
Once seen as saviours of democracy, tech giants are now viewed as threats to truth. But how did our faith in all things digital turn into an erosion of trust, particularly in the arena of information and politics? Mark Zuckerberg: ‘Facebook was built to accomplish a social mission – to make the world more open […]