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Next
Event
Friday, September 26, 2008, 07:00 PM: Truthiness and Agnotology
Does the massive increase in communications, brought about by cable and satellite television, and, especially, the internet, help us find truth?
Or does it help spread doubt, confusion, lies, mythology, crackpot conspiracy theories, and the like? As internet bandwidth continues its upward spiral into the future, what should we expect in the future?
More...
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Business
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Pundits are eager to provide their predictions for the new year. Here's something a little different.
1. The writers won't win the current strike.
2. DreamWorks isn't going to leave Paramount after all.
3. Apple won't reinvent TV viewing.
4. Juno won't win an Academy Award. Anyone
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Banks are failing to provide consumers with information about fees on savings and checking accounts even though federal rules require such disclosures.
Some of the invisible fees have climbed substantially in recent years. The average overdraft fee, for instance, increased 11 percent from 2000 to 2007.
Staff made undercover visits to 185 branches of 154 depository institutions throughout the country and were unable to get comprehensive lists of checking and savings account fees at more than a one-fifth of the locations. The information was not available on the Web sites of half of the institutions.
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It looks like the bottom has finally fallen out of Blockbuster. After numerous failed attempts at attracting new customers, the company is finally spiraling out of control.
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A study out finds that U.S. employees are socializing less with their coworkers than they did about 20 years ago. Lisa Napoli talks to the study's author, University of Michigan's Olenka Kacperczyk, about why.
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The end goal of acquiring a company may be aligned with Google’s overall mission. We can paraphrase it as 1) grab all the world’s data, 2) make that data useful and accessible in order to direct user attention towards it, 3) profit from ads displayed with the data. Google’s hardware business aside, the company indeed just sells attention. If you look at it from a bird’s view, you could perhaps split up Google’s goals into the two philosophies make money (more the manager or ad sales types) and build the ultimate AI (the developer types).
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"Do you know the only thing that gives me pleasure? It's to see my dividends coming in."
Who said that? Some destitute retiree in Florida?
Nope. None other than oil man John D. Rockefeller, the wealthiest man the world has ever known. On inflation-adjusted terms, Rockefeller's early-20th-century fortune is estimated by Forbes to be the equivalent of more than $300 billion today -- roughly five times the wealth of today's richest man (Carlos Slim, Bill Gates, or Mukesh Ambani, depending on the time of day and whom you ask).
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