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Tuesday, May 31, 2011

Editorial: 10 terrible tax breaks

If you do your own taxes, or pay someone else to do them for you, you know what an unholy mess the 70,000-page IRS code has become. The National Taxpayers Union estimates that the code requires 7.6 billion hours per year of preparation time. That is the equivalent 3.8 million people working full-time all year.

Friday, May 27, 2011

Five hots spots of technology and medicine convergence

Five ‘hot spots’ where medicine and technology are converging

May 27, 2011 by Editor
Medicine and technology are converging at a faster pace than most people realize, says New Jersey Institute of Technology Professor Atam Dhawan, chair of the the IEEE emerging technology committee.
Here are the five “hot spots” of convergence identified by Professor Dhawan:

Monday, May 23, 2011

Facebook now has over 640 million users

There is a difference between 'users' and 'active users' though:

2010 – Facebook had 350 million active users worldwide
2011 – Facebook has seen amazing growth in the past 12 months with now over 640 million users, 50% of active users logging in each day and 65 million users accessing the site through a mobile device. The site has now overtaken Google as the no 1 site visited on the web globally!

  • There are more than 250 million active users currently accessing Facebook through their mobile devices.
  • People that use Facebook on their mobile devices are twice as active on Facebook than non-mobile users.
  • There are more than 200 mobile operators in 60 countries working to deploy and promote Facebook mobile products

Tuesday, May 10, 2011

Millionaires who owe no federal income tax

 May 9, 2011: 5:25 AM ET

Millionaires who owe no federal income tax

World’s business servers process 9.57 zettabyes a year

May 10, 2011 by Editor
The annual amount of business-related information processed by the world’s computer servers is 9.57 zettabytes (9.57×10^21 bytes) per year, scientists at the University of California, San Diego have estimated.
This is the digital equivalent of a 5.6-billion-mile-high stack of books from Earth to Neptune and back to Earth, repeated about 20 times a year. The report complements an earlier report on information consumption, which
estimated 3.6 zettabytes of information was consumed by American households in 2008.

Thursday, May 05, 2011

Private-sector employers added 179,000 workers in April

Private-sector employment increased by 179,000 jobs in April, with hiring occurring across many sectors including construction, according to payroll company ADP. Small businesses added 84,000 jobs. "The number today is spot on close to expectations," said Joel Prakken, chairman of Macroeconomic Advisers, which compiles the reports with ADP. Accounting Today (5/4