Business
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Four of the world’s most valuable internet companies are now based in China.
Four of the world's most valuable internet companies are based in China. -
Gartner’s Hype Cycle for Emerging Technologies
Gartner Group's latest Hype Cycle for Emerging Technologies is out.
Last year, Big Data was at the “peak of inflated expectations.”
This year, the Internet of Things is at the top of the hype cycle.
A new entry to the Hype Cycle this year is “data science,” projected to reach the plateau in 2 to 5 years. It’s more a discipline for dealing with big data then a specific technology or set of technologies, so it’s interesting to note that big data is still considered by Gartner to be 5 to 10 years away from reaching that stage.
Source: Gartner, August 2014
Gartner's Hype Cycle Special Report highlights “the four Nexus of Forces (social, mobile, cloud and information),” which were highly correlated with items that had changed most significantly on the peak portion of the Hype Cycle. Two trends Gartner called out especially as having an impact at earlier stages of the Hype Cycle were digital business and the Internet of Things.
The 2014 Hype Cycle for Emerging Technologies marks the 20th anniversary of the report.
For more, see this video, which talks about the Hype Cycle as a tool for tracking how innovations and their business impact evolve over time and what is new about the 2014 version. -
Gartner’s Hype Cycle for Emerging Technologies
Gartner Group's latest Hype Cycle for Emerging Technologies is out.
Last year, Big Data was at the “peak of inflated expectations.”
This year, the Internet of Things is at the top of the hype cycle.
A new entry to the Hype Cycle this year is “data science,” projected to reach the plateau in 2 to 5 years. It’s more a discipline for dealing with big data then a specific technology or set of technologies, so it’s interesting to note that big data is still considered by Gartner to be 5 to 10 years away from reaching that stage.
Source: Gartner, August 2014
Gartner's Hype Cycle Special Report highlights “the four Nexus of Forces (social, mobile, cloud and information),” which were highly correlated with items that had changed most significantly on the peak portion of the Hype Cycle. Two trends Gartner called out especially as having an impact at earlier stages of the Hype Cycle were digital business and the Internet of Things.
The 2014 Hype Cycle for Emerging Technologies marks the 20th anniversary of the report.
For more, see this video, which talks about the Hype Cycle as a tool for tracking how innovations and their business impact evolve over time and what is new about the 2014 version. -
Surprised Steve Ballmer Went Bonkers In His Clippers Intro Speech?
Here is how new Los Angeles Clippers owner Steve Ballmer introduced himself to fans in his introductory pep rally.
Ballmer, the former Microsoft CEO who's known for his emotional speeches, was quite excited.
He even gave the crowd his email address ([email protected]).
Here is the video.
via YouTube.
The best part came at the nine-minute mark, when he told the crowd:
"We're going to be hardcore. HARD-core. HARDCORE! We're going to get better everyday. We're going to be tenacious. Something knocks us down and we're going to get back and keep coming and coming and coming and coming. Did you watch these guys? That was hardcore! Hardcore baby! Nothing gets in our way, BOOM! Keep coming. HARD-core. The HARDCORE Clippers, that's us."
Speaking of hardcore … For the record, Ballmer bought the Clippers for a $2 billion (four times the record sale for an NBA team, according to the LA Times).
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What Is $100 Actually Worth In Your State?
Money goes further in some states than others. Here is one way demonstration.
The Tax Foundation released a map showing the relative value of $100 in every state (compared with the national average using the data from the Bureau of Economic Analysis).
The same amount of dollars are worth almost 40 percent more in Mississippi than in D.C., and the differences become even larger if metro area prices are considered instead of statewide averages," writes the Tax Foundation. "A person who makes $40,000 a year after tax in Kentucky would need to have after-tax earnings of $53,000 in Washington, D.C., just in order to have an equal standard of living, let alone feel richer.
Here's the map:
The states with the smallest relative value of $100 were:
- Washington, D.C. ($84.60)
- Hawaii ($85.32)
- New York ($86.66)
- New Jersey ($87.64)
- California ($88.57)
While the states with the largest relative value of $100 were:
- Mississippi ($115.74)
- Arkansas ($114.16)
- Missouri ($113.51)
- Alabama ($113.51)
- South Dakota ($113.38)
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What Is $100 Actually Worth In Your State?
Money goes further in some states than others. Here is one way demonstration.
The Tax Foundation released a map showing the relative value of $100 in every state (compared with the national average using the data from the Bureau of Economic Analysis).
The same amount of dollars are worth almost 40 percent more in Mississippi than in D.C., and the differences become even larger if metro area prices are considered instead of statewide averages," writes the Tax Foundation. "A person who makes $40,000 a year after tax in Kentucky would need to have after-tax earnings of $53,000 in Washington, D.C., just in order to have an equal standard of living, let alone feel richer.
Here's the map:
The states with the smallest relative value of $100 were:
- Washington, D.C. ($84.60)
- Hawaii ($85.32)
- New York ($86.66)
- New Jersey ($87.64)
- California ($88.57)
While the states with the largest relative value of $100 were:
- Mississippi ($115.74)
- Arkansas ($114.16)
- Missouri ($113.51)
- Alabama ($113.51)
- South Dakota ($113.38)
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The Burger King – Tim Hortons Deal Isn’t Just About Dodging Taxes
Burger King has confirmed it will buy Canadian coffee and doughnut chain Tim Hortons for around $11 billion.
The move has proved controversial, however, with Burger King confirming its intention to establish the new company's headquarters in Canada.
Critics have lambasted the fast-food chain for moving abroad in an attempt to secure lower tax rates like many other American companies.
The tax debate has been widely reported but the sheer success of Tim Hortons has been overlooked by many. The Canadian chain made $3.26 billion in revenue in 2013, almost tripple that of Burger King.
This chart shows the revenue and stores of selected coffee/restaruant chains worldwide in 2013.
via Statista.
Tim Horton's managed to do that with just under 5,000 units worldwide, compared to Burger King's 13,600.
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The Burger King – Tim Hortons Deal Isn’t Just About Dodging Taxes
Burger King has confirmed it will buy Canadian coffee and doughnut chain Tim Hortons for around $11 billion.
The move has proved controversial, however, with Burger King confirming its intention to establish the new company's headquarters in Canada.
Critics have lambasted the fast-food chain for moving abroad in an attempt to secure lower tax rates like many other American companies.
The tax debate has been widely reported but the sheer success of Tim Hortons has been overlooked by many. The Canadian chain made $3.26 billion in revenue in 2013, almost tripple that of Burger King.
This chart shows the revenue and stores of selected coffee/restaruant chains worldwide in 2013.
via Statista.
Tim Horton's managed to do that with just under 5,000 units worldwide, compared to Burger King's 13,600.
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Here Are Some Links For Your Weekend Reading
The U.S. is supposed to be the model for free market economics. So, why do we have the highest corporate tax rate in the world?
Here are ten posts that caught my eye. Hope you find something interesting.
- These Are Some of Best Time-Saving Hacks for A Productive Day. (AlltopStartups)
- There are Now 50 Colleges that Charge More Than $60,000 Per Year [List]. (Insider)
- If Logos Had Honest Slogans … (TwistedSifter)
- Amazon Tests Kindle Unlimited, Its Own E-book Subscription Service. (FastCompany)
- Dad Claims Kingdom So 7-Year-Old Can Be Real Princess. (HuffingtonPost)
- The Moneyball of Quality Investing. (ResearchAffiliates)
- The Difference Between a Good and a Bad Trader: What Brain Imaging Reveals. (ZH)
- Central Bank Exec Says Stocks Are 'Irrational'; China Poised To Crash. (BizInsider)
- A Cheat Sheet for Understanding the Different Schools of Economics. (Pragcap)
- 5 Everyday Products Whose Prices Are Hitting All-Time Highs. (Fool)
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Here Are Some Links For Your Weekend Reading
The U.S. is supposed to be the model for free market economics. So, why do we have the highest corporate tax rate in the world?
Here are ten posts that caught my eye. Hope you find something interesting.
- These Are Some of Best Time-Saving Hacks for A Productive Day. (AlltopStartups)
- There are Now 50 Colleges that Charge More Than $60,000 Per Year [List]. (Insider)
- If Logos Had Honest Slogans … (TwistedSifter)
- Amazon Tests Kindle Unlimited, Its Own E-book Subscription Service. (FastCompany)
- Dad Claims Kingdom So 7-Year-Old Can Be Real Princess. (HuffingtonPost)
- The Moneyball of Quality Investing. (ResearchAffiliates)
- The Difference Between a Good and a Bad Trader: What Brain Imaging Reveals. (ZH)
- Central Bank Exec Says Stocks Are 'Irrational'; China Poised To Crash. (BizInsider)
- A Cheat Sheet for Understanding the Different Schools of Economics. (Pragcap)
- 5 Everyday Products Whose Prices Are Hitting All-Time Highs. (Fool)