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The New Untouchables

In our subprime era, we thought we could have the American dream — a house and yard — with nothing down. This version of the American dream was delivered not by improving education, productivity and savings, but by Wall Street alchemy and borrowed money from Asia. A year ago, it all exploded. Now that we are picking up the pieces, we need to understand that it is not only our financial system that needs a reboot and an upgrade, but also our public school system. Otherwise, the jobless recovery won’t be just a passing phase, but our future.

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Education Life Meta Productivity Science Social

The Economics Of Fear

Scientific studies have shown that you can destroy a child by calling them “smart.” Even when they’re very young, little kids know that being “smart” is what makes them special – and so, the first time they encounter something they don’t understand immediately, it’s a threat. Their specialness is in danger of being stripped away. And if they lose that smartness, then what are they? Kids who are called smart take fewer chances. Why risk all that glorious social acclaim for a stupid test? And if you don’t really try, then you can still be smart – you may have potential, but even a six-year-old knows that having the potential to be smart gives you more benefits than finding out that no, you’re not really smart at all. Far better to tell a kid that they’re hard working. Hard work is something you can’t take away. Hard work is something that can always be improved. Smart can just… vanish.

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China Education Health India Life Science Social

India is world diabetes capital

Here’s some news that’s not ‘ sweet’ at all: Every sixth diabetic in the world is an Indian, making the country the world’s diabetes capital. New data released on Tuesday shows India has over 50 million diabetics out of the world’s 285 million. The disease is affecting more people in the working age group and is proving to be an economic burden, according to the figures released by the International Diabetes Federation. With 50.8 million diabetics, India tops the global tally. China with 43.2 million patients comes second, followed by the US where 26.8 million people suffer from the disease. The disease will cost the world economy at least $376 billion (over Rs 17 lakh crore) in 2010.

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Business Finance Innovation Social Technology

Android to grab No. 2 spot by 2012

Android to grab No. 2 spot by 2012, says Gartner; global forecast puts Android ahead of iPhone, BlackBerry, Windows Mobile. The complete Gartner forecast for smartphone OSes by the end of 2012 puts Symbian on top with 203 million devices sold, and 39% of the market. Android will be second with nearly 76 million units sold, and 14.5% of the market. Coming in a close third, the iPhone will ship on 71.5 million devices in 2012, giving a 13.7% market share. Windows Mobile will finish fourth, with 66.8 million units sold, or 12.8% of the market. Very close behind Windows Mobile, the BlackBerry OS will sell on 65.25 million devices in 2012, Gartner forecasts, making it fifth with 12.5% market share. Various Linux devices will sell 28 million units, at 5.4% market share, in sixth place. Palm Inc.’s webOS will sell on 11 million units in 2012, about 2.1% of the market, in seventh place, Gartner says. Android will have moved up the most from 2009 to 2012, from sixth place to second. BlackBerry will have moved down the most, from second to fifth, while iPhone will remain in third position and Windows Mobile will remain in fourth position, Gartner says.

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Business Legal Social Technology

Serious Taction: Twitter became a legal instrument

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Britain’s High Court ordered its first injunction via Twitter on Thursday, saying the social website and micro-blogging service was the best way to reach an anonymous Tweeter who had been impersonating someone.

Read the article: UK court orders writ to be served via Twitter | Reuters

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Business Education Innovation Life Productivity Science Social Technology

Fail Like You Mean It

Inventor Dean Kamen discusses how successful creative people fail frequently, rarely work linearly and never give up. Fascinating and clear thought process!

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Business Finance Social Technology

Microsoft and Yahoo! reach search agreement

Microsoft and Yahoo! are today expected to announce plans of a new search and advertising partnership aimed at helping the two companies to better compete with Google. Under the terms of the deal, Microsoft’s new search engine, Bing, is expected to power all Yahoo! searches, while Yahoo! assumes responsibility for handling advertising sales. The two companies are likely to leverage Microsoft’s ad-serving technology to deliver relevant, contextualised advertising alongside search results.

Read the article: Microsoft and Yahoo! ‘to confirm search deal’

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Business China Education Finance India Life Science Social Technology

Skilled Immigrants on Why They’re Leaving the U.S.

A long wait for a green card, coupled with the soft U.S. economy, is prompting an exodus of some of the best and brightest — Lured by the prospect of climbing to the top of his field, New Delhi native Swaroop Ganguly came to the U.S. 10 years ago and earned a PhD in electrical and computer engineering from the University of Texas at Austin in 2005. He became an expert in an emerging technology called spintronics, used to power semiconductors, and worked at several chip companies, including Freescale Semiconductor. But Ganguly, now 32, is moving back to India this summer. Although he has been doing postdoctoral work at the University of Texas, he figures his prospects for research and professional development are probably better in his home country. “I feel quite excited about going back,” he says.

Read the article: Skilled Immigrants on Why They’re Leaving the U.S. – BusinessWeek

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Art Business Education Finance Life Social

If you want to be rich, first stop being so frightened

If you wish to be rich, however, you must grow a carapace. A mental armour. Not so thick as to blind you to well-constructed criticism and advice, especially from those you trust. Nor so thick as to cut you off from friends and family. But thick enough to shrug off the inevitable sniggering and malicious mockery that will follow your inevitable failures. Not to mention the poorly hidden envy that will accompany your eventual success.

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Business Education Life Productivity Social

The Brand Called You

“Regardless of age, regardless of position, regardless of the business we happen to be in, all of us need to understand the importance of branding. We are CEOs of our own companies: Me Inc. To be in business today, our most important job is to be head marketer for the brand called You.” (via Fast Company)

Read the article: The Brand Called You