Cisco chief executive John Chambers used a portentous phrase while telling analysts in 2013 that they were cutting its three- to five-year revenue growth target because sales in emerging markets were spiraling downward: “We’re the canary in the coal mine.” Continue Reading »
A huge amount of money will be spent on video games in 2015. According to an upcoming report from research firm Newzoo, the global gaming market will reach $91.5 billion this year.
NOTE: Those wishing to enter the game development profession can get their start at DaVinci Coders, an 11 week program to learn game dev with C# and Unity. Next class starting in September.
Life today in Mueller—an innovative suburb of Austin, Tex., seems like something out of the distant future. New homes wired with the latest smart gadgets cluster together around shared park spaces. Blue-black panels that transform sunshine into electricity grace a majority of roofs. Electric cars or hybrids glide silently to rest in garages. Continue Reading »
The biggest sectors of the “sharing economy” — including transportation and travel companies like Uber, Zipcar and Airbnb - could be pulling in as much as $335 billion in global revenue by 2025, according to projections by PricewaterhouseCoopers. Continue Reading »
According to a new research paper, America’s sprawl cost somewhere in the range of a trillion dollars every year. Continue Reading »
With the size of Wall Street bonuses commonly being compared against the median household income, income inequality has quickly become a hot-button political issue in the United States. Continue Reading »
Luxury toilet paper is America’s new favorite way to flush money down the drain. Continue Reading »
Andrew McAfee, the associate director of the Center for Digital Business at the MIT Sloan School of Management has revealed “the best economic news in human history,” claiming that we’re on the brink of the possibility of rising living standards for everyone on earth. He says that technological progress means humanity will soon solve the problem of ‘increasing scarcity’, meaning that there are, in theory, enough goods and wages for everyone in the world. Continue Reading »
In a recent “tweetstorm,” venture capitalist Marc Andreessen offers 16 “somewhat-less obvious ideas for how to expand the number of “unicorn” great tech startups over time.” Continue Reading »
One huge political issues in recent years has been that Wall Street has done better than Main Street. the Bank for International Settlements has a new study that shows exactly why rapid finance sector growth is bad for the rest of the economy. Continue Reading »