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27
Aug 10

Facebook Now ‘Worth $33 Billion\

Facebook is now worth as much as $33.7 billion, after investors have paid up to $76 for a share in the company ahead of its much-hyped flotation on the stock market, according to a report.

…While Facebook and other successful Silicon Valley companies, such as
Twitter, LinkedIn and Zynga, are delaying their IPOs because of perceived
weak appetite on the public markets, some investors are not content to wait.
They are acquiring stakes in technology companies while they are still
private, hoping that their eventual IPOs will send share prices even higher….

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Facebook Now ‘Worth $33 Billion\

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25
Aug 10

Graduating From IOU: Student Loan Debt in America (Graphic)

In this infographic, we take a look at student loan debt in America.

…It’s no secret that, with skyrocketing tuition rates, many college graduates are leaving their Alma Maters with a degree in one hand and a pile of debt in the other. As the Wall Street Journal recently reported, student loan debt has now surpassed credit-card debt: a trend that has sparked heated debate and caused many to question the very necessity of getting a college…

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Graduating From IOU: Student Loan Debt in America (Graphic)

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25
Aug 10

Economy Caught in Depression, Not Recession: Rosenberg - CNB

Positive gross domestic product readings and other mildly hopeful signs are masking an ugly truth: The US economy is in a 1930s-style Depression, Gluskin Sheff economist David Rosenberg said Tuesday.

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Economy Caught in Depression, Not Recession: Rosenberg - CNB

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25
Aug 10

Low prices and rates can’t slow fall in home sales

Home prices in many parts of the country scream bargain, and mortgage rates haven’t been this low for decades. So why are houses across the nation sitting on the market for so long?Sales of previously occupied homes in the United States fell 27 percent in July, the weakest showing in 15 years, the National Association of Realtors said Tuesday. It

…Home prices in many parts of the country scream bargain, and mortgage rates haven’t been this low for decades. So why are houses across the nation sitting on the market for so long?Sales of previously occupied homes in the United States fell 27 percent in July, the weakest showing in 15 years, the National Association of Realtors said Tuesday….

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Low prices and rates can’t slow fall in home sales

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25
Aug 10

Why Housing Won’t Recover

Some have predicted that we have yet to see a housing bottom, while others say we may have hit the bottom and a recovery is on the way.

…When it comes to the housing market, two things get talked about regularly: the bottom and a recovery. However, these two terms mean very different things and don’t occur at the same time.
Some have predicted that we have yet to see a housing bottom, while others say we may have hit the bottom and a recovery is on the way. It’s possible, however, that a recovery may not occur at all. Let’s take a look at why this may be the case.
Housing Bottom vs. Housing Recovery
If you’re not certain about the difference between a housing bottom and housing recovery, here is a quick explanation of the difference. A housing bottom means that housing prices drop until they reach their lowest point. The housing recovery, on the other hand, reflects the period when housing prices begin to bounce back from the bottom.
In general, a housing recovery represents a time when homes begin to regain equity after the loss in the housing bottom. However, considering the way the economy has been moving, it’s possible our housing market…

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Why Housing Won’t Recover

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25
Aug 10

The Power of Crowdsourcing [INFOGRAPHIC]

Companies around the world are adopting crowdsourcing techniques to develop their business. Here are a few great examples.

…A number of these aren’t crowdsourcing examples, just simple surveys and market research. Gathering people’s opinions or suggestions isn’t crowdsourcing. The White House, Mountain Dew, HTC, TechCrunch, etc. aren’t examples of crowdsourcing.
Among those that ARE crowdsourcing examples:
Threadless: Much like a democratic vote, all a contributor needs is a sizable social network to support him or her, and the scales will be quickly tipped in their favor, whether or not those voters will actually buy the shirt or not. This happened in the past on a similar shirt site (Design By Humans), when one of the contestants was a member of a specific racial minority. He won the $10,000. A similar event can happen with an organized effort by unscrupulous groups. The votes cost nothing after all, and if they stand to win $10,000, it would be ridicolously easy for them to manipulate the voting process. If captchas can be broken through porn baits, free votes would be child’s play. This is the internet after all.
Digg: Yes,…

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The Power of Crowdsourcing [INFOGRAPHIC]

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25
Aug 10

eCommerce – Revolution Visualized (Infographic)

Online shopping has truly become an essential part of the world as we know it. However we’re sure you’ll be amazed with how exactly essential it is and how great its impact on global economy is. Check out what most of us didn’t know before.

…The most interesting facts for me was that Amazon had a 7 years without any profit. I am sure that reasons for that are the huge initial investment the day to day costs. Amazon is a good example how a business idea has to be strove and upgraded. In the beginning Amazon was just a online bookstore and right now is a ultimate OneStopShop for everything. I am really curious if the online trade will overtake the ofline in 2020 and if the shipping agencies could take that advantage. There is a good niche for e-commerce optimized warehouses and B2B platforms that will make the life of the online store owners easier….

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eCommerce – Revolution Visualized (Infographic)

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25
Aug 10

Fact: Fear is Hurting Our Future Economy

It may not be true that the only thing we have to fear is fear itself, but it’s certainly true that lack of confidence is reining in an economy otherwise poised for gains.

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Fact: Fear is Hurting Our Future Economy

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24
Aug 10

Every Hotel is Now Another Motel 6

Whatever happened to America’s “service-based” economy? Gone the way of relaxing airplane flights.

…dirty Hyatt Regency in the old Combat Zone, I didn’t think twice. Nonetheless, with the clock reading almost six o’clock in the evening, and Sally at the front desk telling me that one of our rooms wasn’t quite ready yet whatever happened to management leaning on sleazeballs who ignore their noon checkout times? I became a little frosty, if not downright nasty. Upon interrogation she admitted there was a screw-up and it would be most helpful if we were patient. In other words, get lost because you’re really killing my 45-minutes-till-I’m-off buzz.
The Wall Street Journal’s Peggy Noonan touched on this subject last weekend, observing, with an air of melancholy, how technology has changed the way we live. She writes: For one thing, it’s changing our posture. People who used to walk along the avenues of New York staring alertly ahead, or looking up, now walk along with their heads down, shoulders slumped, checking their email and text messages. They’re not watching where they’re going, and frequently bump into…

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Every Hotel is Now Another Motel 6

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24
Aug 10

Home Sales Plunge 27 pct. To Lowest in 15 Years

Previously occupied home sales sink 27 pct. to lowest level since 1995 as economy weakens…………………………

…Sales of previously occupied homes in the United States fell 27 percent in July, the weakest showing in 15 years, the National Association of Realtors said Tuesday. It was the largest monthly drop in the four decades that records have been kept.

Potential buyers are hesitating because they think home prices still have further to fall. Potential sellers - those with the stomach to put their homes on the market at all, anyway - are reluctant to lower their prices.

“It really is a self-fulfilling prophecy,” said Aaron Zapata, a real estate agent in Brea, Calif. “If all buyers perceive that home prices are coming down, then they will stop making offers - and home prices will come down.”

While the standoff plays out, home sales are plummeting.

Sharp declines were recorded in each of the four regions the group tracks. Yet the pain is being felt unevenly from state to state and city to city. Some markets are rebounding even as others languish.

Sellers in sluggish markets like Las Vegas and Chicago can…

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Home Sales Plunge 27 pct. To Lowest in 15 Years

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