(allegedly coined by Brian O’Driscoll, captain of the Ireland Rugby team)
TILE’s take: It’s important to know your financial facts, but it’s even more important to figure out how apply them to your own life.
We met Michael Caito at the Global Student Entrepreneur Awards when we visited the NYSE this October. He’s the Chairman of the Entrepreneurs’ Organization, which is the group that created this annual competition. Michael is an entrepreneur himself (as you may have guessed), and he took a moment to tell us what it takes to be successful out there.
Watch the oh-ficial GSEA 2010 recap video here. To see all our GSEA interviews, click here.
credit: Unhindered by Talent
On the night before the night before Christmas, a disgruntled fellow named Jonathan Lalo decided to drag Apple Inc. to court. Why? He says that the UDI (Unique Device Identifier) built in to iPhones and iPads allows apps to collect data on their users without their permission. (He called out some of these apps right in his complaint: Pandora, Paper Toss, the Weather Channel, Dictionary.com.)
Why is that a big deal? Well, appmakers can do pretty much anything they want with the information they collect about you. They can make their products better, customize offerings, or, you know. Sell your most intimate details to the highest bidder.
The suit says: “Some apps are also selling additional information to ad networks, including users’ location, age, gender, income, ethnicity, sexual orientation and political views.”
JLa wants to make his legal challenge into a class action suit – which means that he wants to sue Apple on behalf of everyone who has downloaded an app from the Apple Store in the past two years. If he wins, or if Apple agrees to some kind of settlement, everyone in that “class” (or category of people) would share in the settlement benefit.
In Pakistan, women are beginning to leave the confines of their homes to enter the labor force for the first time. You can meet some of them and hear their stories by clicking play.
Unfortunately, it’s not all progress and economic prosperity – Pakistan has an entrenched culture of male dominance that says women shouldn’t be seen OR heard. Women who work in public are routinely harassed and even beaten up by their male family members and strangers.
But how awesome would it be if Pakistan opened up its economy to the other half of the population? Talk about doubling your productivity and improving millions of lives.
How can you help? Try donating to organizations that promote education for girls, or get involved in microfinance projects that focus on giving female entrepreneurs a chance.
Check this out. It’s a crazy interactive site showing you how different countries/ regions around the world compare when it comes to digital adventures.
Which country do you think does the most online shopping?
Fun facts!
Merry Christmas from Money Is Not Important!
Merry Christmas from TILE, too, although we think money is pretty darned important. Not having the most of it, but knowing how to use it. The real art of money is more than budgeting. It’s about spending thoughtfully, planning for the future, and giving to causes and charities you believe in. (And it’s also a little bit about folding up dollar bills into pine trees.)
What is it about a ridiculously expensive education that brings out the ramen-eater in all of us?
On my 3rd cup, on my way to the 4th
Keep pushing, kids! Finals week is almost over!
^Very important comma placement
from Let It Dough! by Christoph Niemann (NYTimes)
You can invest in lots of different things – stocks, bonds, mutual funds, currencies, cows. (For real! They’re called commodities and they’re really weird.) And you can invest in this stuff in the U.S. or in almost any country in the world.
But here’s the trick: you want to have a diverse mix of all these things, so you don’t lose all your money if, say, the U.S. economy crashes or all the cows go on strike.
Diversification is a way to reduce that risk by creating a portfolio with a wide mixture of different investments. In basic terms, it means “don’t put all your eggs in one basket.”
Mmm. Sprinkles.
What is it about a ridiculously expensive education that brings out the ramen-eater in all of us?
On my 3rd cup, on my way to the 4th
Keep pushing, kids! Finals week is almost over!
^Very important comma placement
This guy followed a single $10 bill as it changed hands across Middle America. It’s amazing how far and how fast the bill traveled, but what’s more amazing is that people actually let this writer follow them around until they used the bill to pay for something. Which was sometimes days later.
Click to read: http://bit.ly/eO3hhB
