Like California, Partially-Filled Bottled Water Keeps Residents Thirsting for More
[Design]
2015/09/23 13:54
Designer Chris Onesto created a concept water company to comment on water usage in the drought-stricken state.Water is a precious resource, and nowhere is that more clear than in California, where a historic drought is affecting its population and its wildlife. Designer Chris Onesto wanted to drive home this point, and what he perceives as the ambivalence of some California residents, with his...
Business Insider is Worth $560M, Twice the Price of the Washington Post
[Investing]
2015/09/23 13:54
The news business is going through a revival—or at least enough people with deep pockets think so.Business Insider will be the next “new media” company to receive a hefty buyout offer from a wealthy benefactor, German publishing giant Axel Springer, reports Recode.If the purchase goes through at the reported price, it would value Business Insider, launched in 2009, at about $560 million. Tha...
MP01 Mobile Phone : Modern Minimalist Dumb Phone
[Design]
2015/09/23 13:54
Smartphones are too complicated for you? MP01 is coming for Christmas. This is a much simpler phone that doesn’t demand much from you, it focuses on what matters as a phone, nothing more. it’s a simple mobile phone for smart communicators. It’s perfect for anyone who doesn’t want to get distracted by social media notifications, games, and many different apps. This phone does mobile phone ba...
(Infographic) The Habits of Home – Interacting With Your Energy
[Consumer]
2015/09/23 13:54
“The Habits of Home,” shares a few of the staggering statistics about just how much energy the average household uses and how seemingly simple changes can make a big difference on your electric bill. What are you waiting for?Ever wonder how much energy your home actually uses? Did you know that leaving appliances and electronics running constantly, as so many of us do, generate added energy e...
Disney Invests in Jaunt as Part of $65M Round That Makes It Highest-Funded VR Startup
[Investing]
2015/09/22 11:55
Cinematic virtual reality startup Jaunt has raised $65 million in new funding, led by Disney and other Hollywood players, which makes it the most-funded independent virtual reality company to date with a total of about $100 million raised so far.Prior to its $2 billion acquisition by Facebook, Oculus VR had raised $93.4 million, according to Crunchbase. Jaunt says it’s going to use the money t...
Why Brands Are Finally Choosing More Female Athletes for Big Endorsement Deals
[Business]
2015/09/22 11:55
Women are no longer sitting on the sidelines. Serena Williams for BeatsIn the male-centric sports world, where the likes of LeBron James score $65 million in endorsement deals, female athletes have largely been an afterthought. But thanks to a constellation of superstars—including a reenergized U.S. women's soccer team, powerhouse tennis players and UFC's unbreakable Ronda Rousey—more marketi...
One-Third Of San Francisco’s Rent Is Attributable To VC Funding
[Investing]
2015/09/22 11:55
Zumper, a venture-backed startup that focuses on creating a more efficient and transparent apartment rental marketplace, ran a study of housing costs in tech hubs across the United States. They’re arguing that one-third of San Francisco’s rents are attributable to venture capital funding.Last year, venture firms invested $49 billion across the United States. The vast majority of it, or 78 per...
Is China The Next Silicon Valley ?
[Business]
2015/09/22 11:55
For all the recent talk of China’s stockmarket volatility and lower than expected growth, the Asian giant has firmly cemented its position as the world’s second-largest economy, a spot it took from Japan less than five years ago. In fact, if some commentators are to be believed, it could even be on track to dethrone the US, the leading economic superpower.As we noted a few days ago, the jury...
The Real Price of Oil
[Investing]
2015/09/22 11:54
You have to account not just for inflation but for what economists call “oil intensity”On Friday, 20 June 2014, West Texas Intermediate (WTI) crude oil traded in Cushing, Okla., at US $107.95 a barrel; by the end of the year it was selling for $53.45, almost half the summer peak. For the first time, people wondered whether the price of oil might actually be too low.Average prices of WTI rose...