By Kenneth Rapoza, Contributor
It goes without saying, but more than half of Russians polled think that Edward Snowden is a hero. …read more
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By Kenneth Rapoza, Contributor
It goes without saying, but more than half of Russians polled think that Edward Snowden is a hero. …read more
Source: FULL ARTICLE at Forbes Latest
“It’s like having a friend in Venice who can take you around for the day,” says Marco Giol, describing the customized tours that he offers through his firm Private Venice. As a prominent native Venetian, Giol capitalizes on his extensive local network to introduce clients to a hidden Venice that few tourists will ever see. …read more
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By Rebecca Fannin, Contributor It’s interesting to hear of several new China venture funds in the works at a time of slowdown in the Mainland. But downturns can be the best times to invest. So perhaps these new funds are well-timed to catch deals at reasonable investment valuations without a lot of competition. …read more
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By Steven Rosenbaum, Contributor
It was just seven days ago that I went to the Glass HQ in New York to pickup my first foray into wearable computing. I had some pre-conceived notions about what to expect, and many of those expectations have been smashed in the past week. So, here’s one users journey – one that I suspect wouldn’t be that different than yours. …read more
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It’s not too late to fit one more book into your summer reading! Here’s one that provides a different slant on the insider trading cases in New York (something besides SAC Capital). …read more
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It’s difficult to the describe 4chan—the anonymous Web imageboard that is known equally for its ability to generate memes and a sense of disgust with the uninitiated—without using some variation on the the words “notorious” or “dark corner of Web”. Which is perhaps why DrawQuest—the new iPad app developed by 4chan founder Chris Poole (better known as “moot” in the land of ones and zeroes) is so surprising: It’s as PG as it is addictive. …read more
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It seems like 10 years ago that Johnny Manziel won the Heisman Trophy. Post trophy, he’s had a few well-documented public relations mishaps. He has the daredevil football mentality, and that is inherently risky from a business perspective. Over the weekend he chose to go to a party of a fraternity to which he did not belong. He was ousted before entry. The “devil” part of the dare is the point of emphasis now. The devil in Johnny is not that he just went to a party. He went to a “fraternity” party. That is code for a heavily sauced group of people subject to bad judgment calls and not legally able to drive upon egress. Now add to the devilish detail. It was not just a frat party. It was a frat party in Austin, …read more
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It’s a big week for bar lists. …read more
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It wasn’t all that long ago that NATO was supposedly going to be rejuvenated by the influx of post-Communist nations, nations that had previously been a part of the Warsaw Pact (or in the case of the Baltics, the Soviet Union itself). With fresh memories of Russian imperialism these countries would take their membership in NATO seriously, and in their role as NATO policy-makers would help ensure the commitment of the spineless French, Germans, and Italians. “New Europe,” in short, understood that NATO wasn’t some knock-off version of the European Union but was a serious military bloc with serious military responsibilities that demanded a serious commitment of political will and economic resources. …read more
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By Caroline Patek, Contributor
It’s safe to say that melting in the summer heat is not one of the perks of warmer weather. But posting up on a lounge chair with a fresh coat of sunscreen and a tasty treat in hand at a luxury hotel makes the scorching temperatures a bit more bearable. From the sandy shores of Hawaii to the bustling city of Baltimore, our Forbes Travel Guide inspectors have scoured the country for the best poolside offerings at top-notch hotels, and we’re here to share their picks. So grab a towel, break out the sunglasses and cool off with these refreshing pool delights. …read more
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It’s no secret that has been hiring media-types like crazy lately. It seems to be preparing to rapidly expand both its video and music businesses, as its been bringing on both technical and editorial talent. Its new piece of hardware, Chromecast, is a major key to this scheme, but what’s the glue holding it all together? …read more
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By Kenneth Rapoza, Contributor
It would be better if he were trying to lose weight. But Brazilian billionaire Eike Batista doesn’t need to lose weight. He’s looking pretty good at 56. At least on the outside. On the inside, the man must be a ball of stress as his family of companies in the EBX Group — from oil firms to shipbuilders — have lost more money than any other company listed on the Brazilian stock exchange. …read more
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It has been nearly two months since The Numbers Game: Why Everything You Know About Soccer Is Wrong was published in the United Kingdom and the Netherlands, meaning that soccer quants in North America have had to pay for international shipping if they wanted to get their hands on the book. The need for such expensive shipping ends on July 30th, 2013 when the book is published in both the United States and Canada. While the authors of the book, Chris Anderson and David Sally, have been very pleased with the book’s reception in Europe they are looking forward to what they hope is a slightly different reaction in North America. David Sally explained, “I think we are really glad with the reaction in the UK and The Netherlands where the book launched a few weeks ago. I think we’re hoping the reaction is going to be even stronger in the US because there is more of an appetite for statistics in sports. It’s a more natural audience. I think there is also the coolness and hipness factor to soccer. A lot of people are trying to understand the game more deeply, and we hope the books serves as a way to get even deeper into the game.” Chris Anderson believes North Americans’ appetite for numbers combined with soccer being a less popular sport than it is in Europe makes the book perfect learning material about a game that is rising in popularity. “[Dave and I] are Americans, and we love American soccer. We’d love to see the game grow in the US, so in whatever small way the book can tell them something about soccer they didn’t know but they wanted to know and will help them understand and make sense of what’s going on on the field when they’re watching or their kids are playing. If we can contribute to helping grow soccer in the US in whatever small way I’d personally be really excited about that.” The way Anderson and Sally approach learning about the game is by asking repeated, intelligent questions, answering them with the best available data, and then asking the next logical question that comes from the answer to the previous question. In laymen’s terms, they end up pealing back the layers of the soccer onion. The duo divides their examination of the game into three parts: Before the Match, which examines the larger patterns within the game that seem largely immutable: luck accounts for 50% of the outcome of a match, frequency of scorelines are relatively consistent between top leagues, and the rarity of goal scoring makes the game somewhat unpredictable and the value of goal scorers dependent upon when they score their goals versus the scoreline of the match. On the Pitch, which explains how the game is a balance of strategies. Preventing a goal is more important to earning points than scoring one, the game is about managing turnovers, and the game can be controlled by both tiki taka as well …read more
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By Richard M. Salsman, Contributor
It’s common these days for economists of every political stripe to complain of a sluggish American job market, even though the latest jobless rate (7.6%) has declined a lot since peaking at 10.1% in October 2009, and even though the decline, proportionately, is about as large as occurred in previous post-recession years. But, goes the rebuttal, fewer people are choosing even to participate in the U.S. labor force, and that understates the true jobless rate. True enough, to some degree, but diminished labor force participation is normal in post-recession periods. …read more
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It’s not an easy conversation to have. After a heart attack or other major cardiac event, talking about sex is awkward, and often avoided by patients, their partners, and physicians. But a new consensus statement from several major cardiology organizations urges physicians to get over their reluctance or embarrassment and counsel their cardiac patients about this important, but often neglected, aspect of their lives. …read more
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It’s always good to connect with individuals whose values are tangible. You can almost sense the spirit of higher purpose stirring within them as they speak. …read more
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It’s been about a year since the U.S. Department of Labor (DOL) required employers to tell their workers how much their 401(k)-type plans were costing them. …read more
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It was just only a few years ago that when a client asked me to recommend them a cloud based accounting application I had few options to offer. And now, seemingly out of the blue, there are many. Many good ones. …read more
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It’s a running joke in the industry that Australia is one of the most inhospitable places to be a gamer due to severe censorship restrictions on games (Saints Row IV was recently refused classification again) to massively higher prices for titles. …read more
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By Paula Rosenblum, Contributor
It’s an unfortunate truth of life that addressable markets aren’t infinite. Whether it’s a consumer market or a business-to-business market, companies sooner or later find themselves pushing at the ceiling, trying to find a way through. Most often, they are unsuccessful. Long-term winners get to a point where they’re making money long before they’ve reached those edges. …read more
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