Entrepreneurship

Al-Jazeera set to tackle U.S. market with stories ignored by mainstream media

"With a cast of TV news stars, deep pockets and an ambitious agenda, Al-Jazeera launches its US news channel on Tuesday, aiming to shake up the broadcast journalism market stateside. The US cable channel will reach more than 40 million households and vastly expands the footprint of the Qatar-based media group, despite questions about how it will be received by American viewers. But the selling point will be long-form reporting of stories overlooked by other news organizations. 850 staff have been hired for 12 US bureaus, and will draw on 70 bureaus worldwide to give Al-Jazeera unmatched scale." Continue reading →

Continue ReadingAl-Jazeera set to tackle U.S. market with stories ignored by mainstream media

This is What Budget Cuts Have Done to Detroit … And It’s Freaking Awesome

"If our public servants are right, then chaos, anarchy and lawlessness should reign in Detroit now, right? Well, not exactly. Dale Brown and his organization, the Threat Management Center (TMC), have helped fill in the void left by the corrupt and incompetent city government. TMC now has a client base of about 1,000 private residences and over 500 businesses. Law enforcement isn't the only 'essential government service' that the private sector is taking over. The Detroit Bus Company (DBC) is a private bus service that began last year and truly shows a stark contrast in how the market and government operates." Continue reading →

Continue ReadingThis is What Budget Cuts Have Done to Detroit … And It’s Freaking Awesome

This is What Budget Cuts Have Done to Detroit … And It’s Freaking Awesome

"If our public servants are right, then chaos, anarchy and lawlessness should reign in Detroit now, right? Well, not exactly. Dale Brown and his organization, the Threat Management Center (TMC), have helped fill in the void left by the corrupt and incompetent city government. TMC now has a client base of about 1,000 private residences and over 500 businesses. Law enforcement isn't the only 'essential government service' that the private sector is taking over. The Detroit Bus Company (DBC) is a private bus service that began last year and truly shows a stark contrast in how the market and government operates." Continue reading →

Continue ReadingThis is What Budget Cuts Have Done to Detroit … And It’s Freaking Awesome

Carl Icahn, Takeover Man: 60 Minutes

"At age 76, Carl Icahn is still shaking up corporate boards, criticizing management and demanding board seats. His hedge fund was one of the top performers in 2011 and has a long term track record of approximately 30%pa. His conglomerate Icahn Enterprises, invests in rail cars, retail, gaming, energy and automotive. He insists that most public companies around the world are very inefficient and most can be improved with the correct strategies. A Princeton drop out he is now one of the longest standing and most successful corporate take over artists in the world." Continue reading →

Continue ReadingCarl Icahn, Takeover Man: 60 Minutes

Inside the Hyperloop: the pneumatic travel system faster than the speed of sound

"Mr Musk will not be patenting the design and it will be 'open source'. His motivation for the project came from disillusionment with the Golden State’s high speed rail project, which has been dubbed the 'bullet train to nowhere' after a series of setbacks. He believes the Hyperloop could be built for a tenth of the cost and deliver passengers between the two cities in just 30 minutes, compared to three hours for the bullet train. The bullet train is currently estimated to be costing $68 billion and may not be completed until 2028. It would reach top speeds of only around 130mph. In a survey seven in 10 people said they would 'never or hardly ever' use it anyway." Continue reading →

Continue ReadingInside the Hyperloop: the pneumatic travel system faster than the speed of sound

Google to challenge telecoms with fleet of solar-powered balloons

"In recent months, Google Inc has announced plans to bring free wireless Internet access to 7,000 Starbucks cafes across America, eventually displacing AT&T Inc; it has asked U.S. regulators for broader access to wireless airwaves; and it has launched 30 solar-powered balloons over the South Pacific ocean, designed to beam the Internet to remote regions. Then there is Google Fiber, the high-speed cable TV and Internet service that was introduced in Kansas City late last year and that will be expanded soon to Austin and Provo, Utah. Fiber delivers Internet speeds at 1 gigabit per second, as much as 100 times faster than the average U.S. network." Continue reading →

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Bono: “Capitalism takes more people out of poverty than aid”

"Bono (nee Paul David Hewson) is the lead singer in the rock group U2, one of the most successful rock groups in history. Bono also became a major proponent of greatly expanded U.S. foreign aid and other government programs (including debt cancellation) to alleviate the dire plight in the world of HIV/AIDS, malaria, abject poverty, and other issues. In a speech at Georgetown University, Bono altered his economic and political views and declared that only capitalism can end poverty. 'Aid is just a stopgap,' he said. 'Commerce [and] entrepreneurial capitalism take more people out of poverty than aid. We need Africa to become an economic powerhouse.'" Continue reading →

Continue ReadingBono: “Capitalism takes more people out of poverty than aid”

How Gamers Could Save the (Real) World

"Three years ago, game designer and author Jane McGonigal argued that saving the human race is going to require a major time investment—in playing video games. 'If we want to solve problems like hunger, poverty, climate change, global conflict, obesity, I believe that we need to aspire to play games online for at least 21 billion hours a week [up from 3 billion today], by the end of the next decade,' she said in a TED talk. Her message was not ignored—and it has indirectly contributed to the formation of something called the Internet Response League (IRL). The small group has a big goal: to harness gamers’ time and use it to save lives after disasters, natural or otherwise." Continue reading →

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Startups destroy more jobs than they create – unless they’re tech companies

"While private sector business creation fell 9 percent between 1980 and 2011, the birth rate of new tech businesses was 69 percent higher in 2011 than it was in 1980, according to the report. Over the same period of time, the job-creation rate of those young tech firms – aged between 1 and 5 years old – was twice as robust as the average rate for firms in the rest of the private sector. That’s partly due to what the report cites as the 'up-or-out' dynamic: tech startups tend to either fail quickly or grow rapidly." Continue reading →

Continue ReadingStartups destroy more jobs than they create – unless they’re tech companies

It’s Up to You, Entrepreneurs: Brad Feld on the Rise of Global Startup Communities

"It’s a practically a social movement, and a movement needs a theorist. That’s Brad Feld. In his by-the-bootstraps guide, the 2012 book Startup Communities, Feld laid out a guru-ish, four-point plan for how to create a growing mass of startup companies. But his rules boil down to just one: entrepreneurs must be the 'leaders.' Everyone else—universities, governments, investors—are 'feeders' that, though important, can’t kick-start a startup community on their own. Feld says if even fewer than a dozen established entrepreneurs team up and get serious that nearly any city from Detroit to Cape Town can create a meaningful startup sector." Continue reading →

Continue ReadingIt’s Up to You, Entrepreneurs: Brad Feld on the Rise of Global Startup Communities