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Billing by Millionths of Pennies, Cloud Computing’s Giants Take In Billions by Quentin Hardy – “This economics of tiny things demonstrates the global power of the few companies, including Amazon, Microsoft and Google, that can make fortunes from the small..Amazon Web Services…Andrew R. Jassy, the senior vice president of Amazon Web Services. The per-millionth pricing …
Bloomberg: “Facebook Inc. is working to combat a decline in people sharing original, personal content, the fuel that helps power the money machine at the heart of its social network, according to people familiar with the matter. Overall sharing has remained “strong,” according to Facebook. However, people have been less willing to post updates about …
“From 1962 to 1971, the US military sprayed herbicides over Vietnam to strip the thick jungle canopy that could conceal opposition forces, to destroy crops that those forces might depend on, and to clear tall grasses and bushes from the perimeters of US base camps and outlying fire-support bases. Mixtures of 2,4-dichlorophenoxyacetic acid (2,4-D), 2,4,5-trichlorophenoxyacetic …
“Electricity is the lifeblood of modern society, and for the vast majority of people that electricity is obtained from large, interconnected power grids. However, the grid that was developed in the 20th century, and the incremental improvements made since then, including its underlying analytic foundations, is no longer adequate to completely meet the needs of …
Philadelphia 76ers general manager Sam Hinkie sent an unusual letter of resignation to the management group that owns the team. The 13 page letter, dated April 6, 2016 – has been picked up, referenced and re-posted on a number of sites – originating with ESPN. Hinkie begins the letter saying “…I hope to accomplish here …
Demographic Upheaval Finance & Development, March 2016, Vol. 53, No. 1. David E. Bloom. “The world will struggle with population growth, aging, migration, and urbanization.” Humankind is being buffeted by the forces of demographic change. The most prominent changes are rapid population growth in some developing economies and shifting shares of adolescents and young adults …
“The World Bank Group today announced plans to help developing countries add 30 gigawatts of renewable energy – enough to power 150 million homes – to the world’s energy capacity, bring early warning systems to 100 million people and develop climate-smart agriculture investment plans for at least 40 countries – all by 2020. These are …
“March 16, 2016 – GPO releases the official directory of the 114th U.S. Congress. The Congressional Directory is the official directory of the U.S. Congress, prepared by the Joint Committee on Printing, and includes: Short biographies of each member of the Senate and House, listed by state or district. Committee memberships, terms of service, administrative …
Via usgovernmentspending.com: “In FY 2015, total US government spending, federal, state, and local, was “guesstimated” to be $6.41 trillion, with federal $3.69 trillion; state $1.58 trillion; local $1.77 trillion.”
“The U.S. population grew by 0.79% last year, just slightly faster than the previous year’s growth rate but still among the slowest rates in decades. According to the U.S. Census Bureau, the number of Americans living in metropolitan areas rose to 275.3 million in 2015, an increase of 2.5 million. While urban areas on the …
Via Mother Jones – Car Trouble – A subprime boom, insane interest rates predatory lending, a private-equity frenzy. Sound familiary. by Gary Rivlin “While the subprime auto market is nowhere near large enough to bring down the economy, there are unmistakable parallels to the mortgage debacle. Delinquencies and repossessions are on the rise industry-wide, and …
The Hidden Wealth of Nations – Gabriel Zucman, Assistant professor, UC Berkeley. September 2015, University of Chicago Press. The book: Presentation slides (short, long) Introduction Table of contents Tables and figures included in the book Supplementary material: Technical appendix Global offshore wealth: computation of the world’s offshore wealth since 2001 Switzerland: offshore wealth in Switzerland since 1914 Luxembourg: …
