inspiration & news

In the News 11.02.15 : Today’s Articles of Interest from around the Internets

by

Lonny Magazine

 

 

1. How YouTube Changed The World

“In late 2005, when YouTube was just a few months old, one its co-founders announced that the site’s users were consuming the equivalent of an entire Blockbuster store each month. Today, 300 hours of video are uploaded to the site every minute. And Blockbuster… Well, kids, Blockbuster was a video rental shop offering films on DVD and VHS. VHS tapes were like giant cassettes. Cassettes were… Oh, never mind.”

 
Read the rest of this article at The Telegraph

 


 

2. Street-Tough Racers Right for Supremacy in L.A.’s Underground Cycling World

“Hundreds of riders are amassed in a rainbow of Spandex for the annual Wolfpack Hustle HP Gran Prix, an all-out sprint of 1,000 feet, in which cyclists on fixed-gear bikes hit speeds above 30 miles per hour. Four blocks of Huntington Park’s Pacific Avenue are cordoned off for the race. Down the road, spectators waiting expectantly nibble street food or bob their heads to a live DJ.”

 
Read the rest of this article at LA Weekly

 


 

3. Can mobile banking revolutionize the lives of the poor?

“Of the 2.5 billion people in the world who have no access to a traditional bank, approximately 1 billion have a mobile phone. The widespread adoption of mobile phones has enabled some of the poorest economies on earth to leapfrog ahead of developed nations when it comes to tech-driven financial solutions. A report in The Atlantic noted that adults in Sub-Saharan Africa are three times more likely to use mobile money as their counterparts in Europe and the Americas. In fact, another recent report found nine African nations now have more mobile pay accounts than traditional bank accounts.”

 
Read the rest of this article at The Verge

 


 

4. Will There Really Be An Uber For Everything?

“Tens of millions of riders around the globe love this service so much it has become its own verb. And at a $40 billion valuation, it’s no wonder that it has become cliché to describe other on demand mobile services (ODMS) as the “Uber for X”. Any offline service that can be reserved, or delivered to you physically, or transmitted to you virtually through your smartphone seems to have a startup or several trying to become the Uber for that particular vertical.”

 
Read the rest of this article at Tech Crunch

 


 

5. McDonald’s Company Man

“On a Wednesday afternoon in late January, however, the mood here was decidedly glum. In an earnings call the previous Friday, McDonald’s executives had struggled to find the upside to one of the worst years in the company’s six-decade history. Earnings had fallen from $1.4 billion in 2013 to $1.1 billion in 2014. U.S. same-store sales had not grown in any month since November 2013, and 2014 represented the first annual decline in 30 years. And as part of a $100 million cost-cutting measure announced earlier in the month, McDonald’s was in the process of laying off 63 of its 1,700 corporate employees.”

 
Read the rest of this article at Chicago Mag

 


P.S. previous articles & more by P.F.M.

 

 

 

[Image via Lonny Magazine]

 
Tags:
0 Notes
  • Thank you for stopping in to say hello — it's lovely to hear from you!

    Please note that comments are moderated for spam, profanity, hate speech or seek to promote a personal or unrelated business.