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Facebook is making you sad, plus it has an app you can't use

Aug 16, 2013
If Facebook isn't already making you feel depressed, don't pay attention to this story about its new VIP app.
Posted In: Facebook

The Numbers for August 16, 2013: Drinking less

7.48 million

The amount of water, in acre-feet, that will be released from Lake Powell annually -- a 10 percent reduction announced by the Bureau of Reclamation. Reservoirs like Lake Powell and Lake Mead provide water for millions of people living in cities like Las Vegas, Los Angeles, and San Diego. After the 14 driest years on record, the bureau made the decision to cut its supplies. (Marketplace)

35%

The percentage of American alcohol drinkers who say they prefer beer. The number is declining as people have developed more of a taste for wine and liquor. Don't mourn brewing just yet though; it's still a $100 billion industry. (Gallup)

$200,000

The cost to file an application to register your own name as an Internet domain. The Internet Corporation for Assigned Names and Numbers, or ICANN, says it is changing its rules for how domains can be named. Instead of just the familiar .com, .org, or .net, now anything will be allowed after the dot. (Marketplace)


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Aug 16, 2013

Bustle backlash: How the launch of a website for women turned into a big mess

Aug 15, 2013
Bleacher Report co-founder finds out the hard way how to not launch a website targeted to women.
Posted In: media, publishing, women

The Numbers for August 15, 2013: Hungry for change

$6.5 million

The funds raised by Bleacher Report co-founder Bryan Goldberg to launch Bustle.com, a new women's publication that has drawn backlash from feminist bloggers, media pundits, and even investors in the website. The criticism was so bad that Goldberg backtracked with an apology for a fundraising announcement he admitted was oversimplified. (Marketplace)

18%

The percentage of U.S. households that have bought hummus. The chickpea/tahini blend maker Sabra Hummus wants to change that with a new partnership as the NFL's official dips sponsor. The move ought to bring in a larger share of young male snackers, or so the company hopes. (Bloomberg Businessweek)

$6 billion

Revenues brought in last year just to California's Kern County alone through agriculture, an industry activists argue is supported mostly on the backs of Latino immigrants. Thousands of farm workers from across California gathered in Bakersfield yesterday, part of a series of rallies being staged across the country that aim to influence House Republicans to support immigration reform. (Marketplace)


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Aug 15, 2013

The numbers for August 14, 2013: Sick of delays

56 million

The number of Americans under age 65 who will have trouble paying medical bills in 2013, according to Christina Lamontagne with consumer advocacy group NerdWallet. Lamontagne says the White House's delay this month of a key provision of the Affordable Care Act that would have capped out-of-pocket expenses will only put more pressure on people who are sick. (NerdWallet)

2

How many programs you and someone else can watch on Samsung's new Organic LED televisions. The company unveiled the new TV at an event in New York, showing off special speaker-equipped glasses that pair with the 55-inch screen to allow split-viewing. If you want one for your own living room, though, it will set you back $9,000. (Marketplace)

3,850,100

The number of teachers who worked in U.S. elementary and secondary schools during the 2011-12 school year. The National Center for Educational Statistics released a wealth of such statistics and findings on American schools, detailing things like principal and teacher compensation, school climate and working conditions. (IES)


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Aug 14, 2013

Everything you need to know about the American-US Airways merger

Aug 13, 2013
The U.S. Justice Department filed a lawsuit seeking to block the merger of the two major airlines. Here's what you need to read to catch up on the news.
Posted In: American Airlines, US Airways, mergers

The numbers for August 13, 2013: Crude merger

87 billion

The number of barrels of oil that could hit the global market if Mexico decides to end its oil monopoly. Mexican president Enrique Peña Nieto is proposing amending the nation's constitution to allow private companies to more easily drill for oil and gas. Cheaper gas prices and lower energy costs could be a few of the benefits for the U.S. (Marketplace)

80%

The percentage of U.S. commercial air travel that would be controlled by just four airlines if American Airlines were to merge with US Airways, according to claims by the Justice Department in a federal antitrust lawsuit seeking to block the proposed merger. Executives with both airlines say the massive scale of the merged airline -- which would be the largest in the world -- would offer customers better services, but regulators argue it will hurt competition and drive up fares. (NYT)

1000

How many "Riot Points" you can earn by signing up for American Express' new prepaid debit card. The credit card company is partnering with the video game "League of Legends" in a bid to attract young male consumers with digital currency for their games. (Marketplace)


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Aug 13, 2013

New law in China gives new meaning to 'required reading'

Aug 12, 2013
New research shows Chinese people are reading books at a low rate -- less than half as many as Americans. Policy makers there are reportedly considering new legislation to change that.
Posted In: China, Books, reading

The numbers for August 12, 2013: Heavy Metal

3000

The amount of tons of aluminum that the London Metals Exchange allows out of warehouses each day. Aluminum manufacturers, who own the metal but not the warehouses, filed a lawsuit against the metal regulator alleging price fixing in the aluminum market. (Forbes)

$100,000

In South Korea, the amount companies are willing to pay scholars each year per person for research and development work. Universities sometimes provide useful R&D talent for companies looking to invest. A new study from from the British magazine “Times Higher Education” finds that East Asian academics, particularly those from South Korea, are valuable enough to bring in six figure payments per person each year. American scholars, by comparison, are paid $25,000 each on average. (Marketplace)

23

The number of days it takes to get from Asia to Europe sailing through the newly opened Northeastern Passage in the Arctic. A Chinese cargo ship was the first to use the route after embarking for Rotterdam, Holland from Dailan, China on Thursday. Melting sea ice in the Arctic should allow Asian ships to cut their travel time to Europe nearly in half, avoiding a normal trip through the Indian Ocean and up the Suez Canal. (Marketplace)


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Aug 12, 2013

The numbers for August 9, 2013: Local-motion

500

AOL CEO Tim Armstrong announced in a conference call with employees that about half of its 1,000 hyper-local Patch news sites will be closed or spun off over the next seven days, and that the reporters and editors at those sites will be laid off. (Romenesko)

$60

Last week, you could have bought a replica NCAA jersey at Shopncaasports.com for about $60. All you needed to do was type in your school and your favorite college athlete's name. The NCAA has discontinued the sales of that type of apparel, as part of its ongoing battle over the profits associated with the likeness of its amateur college athletes. (WSJ)

2154

The year, in the movie "Elysium", that Matt Damon's character is struggling to live on Earth amid devastating income inequality and poverty. It may seem like a typical sci-fi dystopian epic, but there are clear economic themes. The New York Times explains, "the privileged few live in the ultimate gated community, a wheel-shaped space habitat, Elysium, that brings to mind an orbital Mercedes-Benz logo." (NYT)


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Aug 9, 2013

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