President, Congress pass bill to allow venture capital funding via crowd sourcing

Earlier this month, President Obama sign the JOBS bill into law with strong bipartisan support, and no this isn’t the one you’re thinking of. This one is designed specifically for funding start-ups with a particular focus on crowd funding (i.e. Kickstarter). Explained by author and professor, Jeff Jarvis: The JOBS bill being signed by President Obama today …

One million robots in three years – Foxconn’s Robot Kingdom

The largest private employer in China, Foxconn with over 1 million employees, is finally facing stiff labor costs. This is great news for the U.S. manufacturing sector who may be able to lure some work back to the United States. It will be interesting to see how this affects the global market, but for now …

Best Buy to close 50 stores in the U.S. and 11 in the U.K.

Selling consumer electronics isn’t as easy as it used to be for Best Buy. The big-box retailer is closing 50 stores and compensating employees based on customer service after its fiscal fourth-quarter sales fell short of expectations. The company today reported a fiscal fourth-quarter net loss of $1.7 billion, on revenue of $16.63 billion, up …

How much do you think it costs to travel on the Surfing World Tour?

You make the world tour, have 11 stops around the world and some cash to be made…. so, did ya ever wonder how much it would cost to travel the world tour?   Stop 1 – Gold Coast for the Quikkie Pro – roundtrip airfare, food, lodging, transportation: $2000 Stop 2 – LAX to Melbourne …