American homeowners who are underwater on their mortgages actually are only running a “paper loss.”
According to real estate site Zillow, nearly 16 million homeowners – not quite a third of people with mortgages – owe more on their home loans than their properties are worth.
Continue reading… “31.4% of homeowners in the U.S. are underwater on mortgages”
Vallejo, CA became the largest city in America to declare bankruptcy in 2008.
The working-class port city of Vallejo, California became the largest city in America to declare bankruptcy in 2008. Crime and prostitution surged as the police force was thinned by 40 percent. Firehouses were shuttered, and funding for libraries and senior centers was slashed. Foreclosures multiplied and home prices plummeted.
Continue reading… “Recently bankrupt Vallejo, California is now a model for other U.S. cities”
Bigger isn’t always better. The average web page is now more than 1 megabyte (MB) and that’s bad for site owners and for mobile users.
Continue reading… “Average web page surpasses 1MB in size”
Jonathan Ive
Jonathan Ive, the London-born head of design for Apple says “design is a word that’s come to mean so much that it’s also a word that has come to mean nothing. We don’t really talk about design, we talk about developing ideas and making products.”
Futurist Thomas Frey: Scarcity is defined as an economic condition that arises when people have far greater wants than the available resources. Most often we think about the limited supplies of natural resources, but it includes far more than that.
Continue reading… “Inventing Our Next Great Scarcities”
Elon Musk, SpaceX CEO, stands in front of a Falcon 9 rocket at SpaceX’s launch site.
A Falcon 9 rocket will lift-off from Cape Canaveral, Florida tomorrow night. The craft will rendezvous in low-Earth orbit with the International Space Station (ISS) a few days after it has been launched.
Continue reading… “SpaceX set to launch first commercial rocket to ISS”
Pinterest deal values the company at around $1.5 billion.
It seems that every hot startup needs to reach a billion dollar valuation to be taken seriously after the surprising purchase of Instagram by Facebook. It only seems inevitable that the popular image pinboard site, Pinterest would skyrocket in value.
Continue reading… “Pinterest joins the billionaires club with $100 million funding from Rakuten”
Flickr’s tag line used to read “almost certainly the best online photo management and sharing application in the world.”
Flickr was something that had never been done before on the internet and it changed the shape of the internet as we know it today. But along came Yahoo who bought Flickr and “murdered it and screwed itself out of relevance along the way.”
Continue reading… “Did Yahoo kill Flickr?”
Economists are increasingly worried that young Americans will spend years buried under student debt.
Joe Mihalic was determined not to be one of the many young Americans that economists are increasingly worried about that will spend the coming years buried under student debt.
Continue reading… “How one man wiped out $90,000 in student loans in 7 months”
Only 28% of men, compared with 49% of women, see gender bias as still prevalent in the workplace.
There hasn’t been much progress for women seeking top leadership roles in the workplace in the past decade. The percentages of women running large companies, or serving as managing partners of their law firms, or sitting on corporate boards have barely budged even though female graduates continue to pour out of colleges and professional schools.
Continue reading… “Women held back from advancement in the workplace by colleagues’ wives”
Virgin Atlantic
Virgin Atlantic announces that it will let customers make calls with their own cellphones on their flights — provided they’re on the airline’s new Airbus A330 flying between London and New York.
Continue reading… “In-flight cell phone calls to be allowed on Virgin Atlantic flights”
The Startup Owner’s Manual
Excerpts from a new step-by-step “how to” guide for startups is being published by Inc. Magazine. The excerpts highlight the Customer Development process, best practices, tips and instructions contained in the book, The Startup Owner’s Manual.
Continue reading… “9 flawed assumptions that can be toxic to startups”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.