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...begun to find a route around that limitation by employing Twitter as a pointing device instead of a communications channel: sharing links to longer articles, discussions, posts, videos - anything that lives behind a URL. Websites that once saw their traffic dominated by Google search queries are seeing a growing number of new visitors coming from "passed links" at social networks like Twitter and Facebook. This is what the naysayers fail to understand: it's just as easy to use Twitter to spread the word about a brilliant 10,000-word New Yorker article as it is to spread the word...
...selling my invention to consumers. But if someone else figures out a way to use my mousetrap to replace his much more expensive washing machine, he's created value as well. We tend to put the emphasis on the first kind of value creation because there are a small number of inventors who earn giant paydays from their mousetraps and thus become celebrities. But there are hundreds of millions of consumers and small businesses that find value in these innovations by figuring out new ways to put them...
Also, despite the messes in the mortgage market and elsewhere, many remain optimistic that the financial industry in the U.S., unlike, say, auto-manufacturing, will rebound. As troubled large banks have shed employees, a number of smaller firms and international competitors have moved in to snap up workers. And Keith Leggett, chief economist of the American Bankers Association, says new banks are continuing to be formed, even as other fail...
...would have to subsidize people who couldn't afford it themselves, upping the health-care-reform price tag considerably. Obama says he can support an individual mandate only if it has a "hardship waiver to exempt Americans who cannot afford it," and he also says small businesses face a "number of special challenges in affording health benefits and should be exempted...
Highlight Reel: 1. The scale of the problem: "Climate change is already seriously affecting hundreds of millions of people today and in the next 20 years those affected will likely more than double - making it the greatest emerging humanitarian challenge of our time ... The number of those severely affected by climate change is more than 10 times greater than, for instance, those injured in traffic accidents each year and more than the global annual number of new malaria cases. Within the next 20 years, 1 in 10 of the world's present population could be directly and seriously affected." (Watch...