Monthly Archives: July 2016

An Overview of the Potential Risks and Benefits of Forex Trading | Getentrepreneurial.com

As the world’s largest market and one which sees a staggering $5.3 trillion dollars traded each day,

Forex trading is a term which pricks the ear of anybody with an entrepreneurial spirit. Forex trading involves the trading of one currency for another at an agreed rate; this rate fluctuates according to economics, geopolitics and many other factors. By speculating on whether a currency’s value will rise (appreciate) or fall (depreciate), Forex traders can earn profit on their investment. In Forex, leverage enables you to trade without putting up the full amount which can be both a risk and advantage.

There are both risks and rewards with Forex trading and it is important for anybody to understand these before starting.

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Dove’s new campaign challenges how the media portrays women in sports | Mashable

Too muscular. Too short. Too stocky. Too young-looking.

Former gymnast and Olympic gold medalist Shawn Johnson was called a lot of things by the media in her time as an athlete. Often, few of them had anything to do with her athleticism.

Her mother would tell her over and over: “Honey, look at your success. Look how happy you are when you are out there on the floor. Don’t let what someone else is saying affect you.” Now, Johnson wants to be that voice for the next generations of girls, advocating for a shift in how we talk about female athletes.

Johnson announced on Tuesday that she’s teaming up with Dove to launch the #MyBeautyMySay campaign, encouraging the media and the general public to focus on the athletic ability of women in sports, not their looks.

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Verizon Will Acquire Yahoo for $4.8 Billion with Advertising Assets Being Added to AOL | Small Biz Trends

Verizon Communications Inc. today announced it has entered into an agreement to acquire Yahoo! Inc. for $4.83 billion. The acquisition only includes Yahoo’s core operating business, not its more valuable assets: Yahoo Japan and its $41 billion stake in Alibaba, the Chinese ecommerce company.

This is not the first time Verizon purchased an aging Internet giant. Last year, the company picked up AOL for $4.4 billion.

“The addition of Yahoo to Verizon and AOL will create one of the largest portfolios of owned and partnered global brands with extensive distribution capabilities,” says the announcement.

The purchase gives Verizon access to Yahoo’s more than 1 billion monthly users — 600 million of whom are mobile users — which is most likely what piqued its interest in the first place.

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Crispr crops could end the war on GMOs | Business Insider

The next genetically modified food you eat probably won’t be a GMO.

At least not in the conventional sense of the term, which means genetically modified organism.

It will probably be made using Crispr, a new technique that lets scientists precisely tweak the DNA of produce so that it can do things like survive drought or avoid turning brown.

Harvard geneticist George Church thinks crops like these might be our best hope for ending the war against GMOs, which he and dozens of other experts call misguided, once and for all.

“It’s a beautiful thing,” Church told Business Insider.

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You Want A Basic Income? Here’s How We Might Actually Do It | Co.Exist 

The idea of a universal basic income (UBI) potentially solves a lot of problems at once. By sending a regular payment to all citizens, we could end abject poverty, deal with technological unemployment, reduce the overall cost of government, give more autonomy to people, and gain support from across the ideological divide as we do it (in theory, anyway). In its long history, some form of UBI has been supported by everyone from Martin Luther King to the libertarian economist Milton Friedman, indicating its unusual appeal.

But, as yet, no government has ever introduced a UBI at significant scale, and, as such, there are a lot of unanswered questions. For example, how much would a UBI cost overall? Should everyone get it, or just people who really need it (then it’s not so universal)? How should it be distributed exactly? And, should people have to do anything in return to get it? While there are a lot of compelling reasons to implement UBI, there are obviously a lot of trade-offs to consider.

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Dave Hakkens updates Precious Plastics recycling machines | Dezeen

Dutch designer Dave Hakkens has updated his series of Precious Plastic machines, which anyone can build and use to make products by recycling the material (+ movie).

Blueprints for the new machines, which the designer described as “a solution to plastic pollution”, are now available online for anyone to download and build.

The devices are made using everyday materials and basic tools that Hakkens said are available all over the world.

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Twitter Is Running Out of Time to Get Real About Fighting Abuse | WIRED

ANOTHER WEEK, ANOTHER eruption of abuse on Twitter. This time, it was Breitbart writer and self-anointed “supervillain of the Internet” Milo Yiannopoulos, whom the company finally banned after he stoked his followers into flooding Ghostbusters actress Leslie Jones with hateful and racist messages. Yiannopoulos went so far as to tweet out fake screenshots of things Jones supposedly but did not actually say on Twitter. In the end, Jones said she would leave Twitter altogether.

Twitter CEO Jack Dorsey was apparently aware of the situation, tweeting at Jones as early as Monday evening. But Twitter still took another day to finally kick Yiannopolous off the platform after facing considerable public pressure. On Thursday afternoon, Jones posted a short tweet saying she was grateful for the public’s support. “People should be able to express diverse opinions and beliefs on Twitter,” Twitter said in a statement addressing the incident. “But no one deserves to be subjected to targeted abuse online, and our rules prohibit inciting or engaging in the targeted abuse or harassment of others.”

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Amazon to enter student loan business | BBC News

E-commerce giant Amazon has entered the student loan business, teaming up with US bank Wells Fargo to offer lower interest rates to subscribers of its “Prime Student” services.

For an annual fee “Prime Student” gives subscribers discounts, free delivery and access to Amazon’s video streaming.

Wells Fargo is one of the largest providers of student loans in the US.

The deal should help the bank promote products and Amazon attract students.

“Prime Student” subscribers will be eligible for a 0.5% discount on Wells Fargo student loans.

In a statement, Wells Fargo’s head of personal lending John Rasmussen said: “We are focused on innovation and meeting our customers where they are – and increasingly that is in the digital space”.

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Will a Camera on Every Cop Make Everyone Safer? Taser Thinks So | Bloomberg

On Aug. 9, 2014, in Ferguson, Mo., a white police officer shot and killed an unarmed black teenager named Michael Brown. Several witnesses described the shooting—which wasn’t captured on video—as unprovoked. In the national furor over police violence that followed, one remedy found common support across much of the political spectrum: outfitting more cops with body-mounted cameras to deter misconduct and create a record of tragic encounters. When a grand jury decided that November not to charge the officer in Ferguson, the victim’s family pushed “to ensure that every police officer working the streets in this country wears a body camera.” The White House proposed $75 million in matching funds for state and local police to buy the devices.

A few months later, in January 2015, employees of Taser International, the maker of stun guns, gathered for a sales meeting at the company’s futuristic headquarters in Scottsdale, Ariz. They filled the ground floor and lined the catwalks that crisscross the three-story atrium, a space where a lightsaber duel wouldn’t seem out of place. Shades blocked out the desert sun, and in the darkness, low, long trumpet sounds blared—the famous Richard Strauss theme used in 2001: A Space Odyssey.

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Don’t Overlook Wellness When Building Your Business | Entrepreneur

Studies show that 93 percent of small businesses believe employee health is good for their bottom line. And they’re right. A strategic focus on employee health can help businesses grow.

So why do only 22 percent of small businesses actually have wellness programs? Maybe these programs (and the buzz about crazy-expensive wellness perks) seem like they’re just for big companies with lots of people on the payroll.

Even for the smallest of companies, though, employee wellness programs can improve productivity, help with talent acquisition and retention and increase brand recognition – all of which support business growth and can help small businesses get ahead without sinking too much money into a new initiative.

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