W elcome to the Million Dollar Journey April 2010 Net Worth Update – The New Beginnings Edition For those of you following my net worth updates, you may have noticed that the bulk of the net worth increase is due to savings. The savings have been higher than normal as of late due to higher household professional and business…
The abrupt shuttering of FiLife , a well-known personal finance destination backed by IAC and Dow Jones Interactive, has loosed speculation that the site was paying for clicks to reach its eye-popping 3.4 million monthly unique visitors. I made a bad call on this one, highlighting FiLife’s “exploding traffic” in my Most Innovative Company entry–and some finance reporters whispered…
We have all been reading about the blowout that led to huge fire and sinking of the Deepwater Horizon drilling rig in the Gulf of Mexico. Now there is news that there is a huge oil spill coming from the underground pipe where this occurred, and there is a possibility that it will be months before it can be…
ANALYSIS – Mexico oil decline to resume, target looks shaky MEXICO CITY (Reuters) – Mexican crude oil output, which has been stable since September, will soon resume its fall and the medium-term outlook is increasingly cloudy due to doubts surrounding two major projects. State oil monopoly Pemex has kept production around 2.6 million barrels per day for six of…
ARM holdings, the nifty British chipmaker rumored to be the object of Apple’s affections , has released a sparkling set of financial figures–and poured water on the rumors surrounding it and the Cupertino Gang. Profits have almost doubled in the first quarter of this year, and it’s shipped an incredible 1.4 billion of its RISC chips. Chief Executive Warren…
To address the concerns of the German public and data protection authorities, Google ‘s just explained in detail what data its Street View fleet gathers as it transits the highways of the World. It’s a lot, and more personal than you may expect. The Street View cars collect three main data streams, and they’re pretty much what you’d expect.…
UPDATE 2 : A spokesperson for Senator Michael Bennet tells Fast Company that Facebook representatives will be meeting with Senator Schumer’s office soon. The spokesman could not go into the breadth of such potential government regulation, nor did he comment on what would occur if Facebook did not comply with the senators’s demands. “[It's] just a starting point,” the…
Coral reefs are one of nature’s most diverse and spectacular ecosystems, so it’s no wonder that many people want to keep a part of these amazing life forms in their homes. The secret to maintaining a successful reef aquarium includes having patience, reading widely, gaining knowledge, exercising caution and practicing common sense to prevent waste of money from losing…
Recently, a 55 page paper called Tipping Point: Near-Term Implications of a Peak in Global Oil Production (PDF warning) was published as the joint effort of two organizations: Feasta and The Risk/Resilience Network, with lead author David Korowicz. We have recently published four excerpts from that paper, which can be found at this link . This is a fifth…
Greenland Gears Up for Oil Search Oil, one way or another, promises to transform this barren ice mass. For years, many Greenlanders and scientists have blamed the burning of oil and other fossil fuels for rising temperatures that have caused Greenland’s huge ice cap to recede and its building-size offshore glaciers to crack apart. Yet the slow-speed meltdown has…