Finally, there’s a light at the end of the tunnel for print magazines. A new strategy has emerged thanks to The Industry Standard , the high priest of the Internet that folded after that bubble burst. Now, the magazine is back on line, but this time people are betting on it to win—literally. Yes, the Standard is now the OTB of the magazine world, taking bets on whether or not Yahoo will accept Microsoft’s offer, or whether Google will support Open ID. Register to bet and you’re given 100,000 virtual dollars to play with. The odds change, of course, and there are cut-off dates. But what's at stake is more than play money. The results of this kind of virtual betting , which are often right on the money, could determine a company’s stock price or whether or not that V.C. investment goes through. Soon after it launched in 1998, the Standard became the “bible” for Internet business. It was fat with ads and attracted some of the best financial writers in the magazine universe.
The National Football League took in $13 billion in revenue in 2016 , nearly three times as much as the NBA and 37 percent more than Major League Baseball. The NFL’s commissioner and chief negotiator, Roger Goodell, the guy reviled by Tom Brady and network television CEOs alike, made a salary of nearly $32 million in 2015, not including his massive expense account. With the big money dangling like a gold ring on a carousel, you would think nothing could stop kids from wanting to reach for that ring. Nothing except Mom and the American Academy of Pediatrics , who want to prevent children from getting head injuries. Concussions have come out of the shadows of X-rays and into the light of functional MRIs and PET scans, where the damage from repeated head trauma can be traced. Parents realize that no amount of money can stop the shaking from Parkinson’s disease or cure Alzheimer’s and related cognitive disorders that can result from multiple concussions. If a lot of kids stop p
Before the US government gets carried away trying to regulate Facebook and other major tech companies, it should take a very long look inside its own walls. The U.S. government is the biggest data miner in the country, dwarfing any tech company, including Facebook, in terms of the impact their data collection has on Americans lives. It starts with the Census Bureau—America’s repository of big data—which collects information on Americans’ ethnicity, age, health status, military status and more. But it doesn’t stop there—the data also show where Americans live, what kind of housing they live in, what they earn, where they live, how they commute, what they spend on food, rent, housing, clothing, whether they have a desktop or a laptop, whether they’re on the Food Stamp program, and how long it takes to get to work to name just a few of the 77 questions in the American Community Survey . And here’s my favorite: “About how much do you think this house and lot, apartment, or