Pinterest is still growing with more 20 million users and 1.9 billion views worldwide. And the average user spends an astounding 14 minutes on the site. Most of these pinners are ages 25-54 and largely female – 79% female to 21% male.
Their interests are:
Visual Arts & Design
Hobbies & Leisure
And, their favorite stores.
Barneys New York
Favorite places to visit.
Finally, Pinterest users spend $100 more than users of Facebook and Twitter – when clicking through a link to make a purchase.
StumbleUpon was once just a browser add-on in Firefox. Then it became internet famous and was bought by eBay – only to be sold back the founders two years later. And today it is humming along with 25 million users and two bold new designs for its website and iOS – iPhone, iPad.
Most people know the traditional banking model, if only from George Bailey in It’s A Wonderful Life.
In simplified form: A bank takes deposits from savers, and pays them a low interest rate. Then it lends that money out to borrowers at a higher interest rate. The bank’s profits come from the difference between the rates.
Charming…but far from the truth for the modern bank. An article from NPR’s Planet Money looked into JPMorgan Chase, the largest bank in America, and found they do much more than that.
The two most important ‘extra’ activities are charging fees and the outright investing of their own money. Here is how it breaks down:
$48 billion – interest from loans
$35 billion – fees
$11.5 billion – trading
A little less than half of the bank’s revenue comes from non-traditional banking activities (fees, trading). Not so bad, especially with trading accounting for so little. Remember, one of the root causes of the financial crisis was all the big banks exploding their trading. When the market collapsed so did they, but were “too big to fail” and we had to bail them out.
Suffice it to say that banking with deposits and loans is very hard (George Bailey nearly went under), add in too much trading and banks become very unstable.
According to a new report from the Pew Research Center, “YouTube is becoming a major platform for viewing news.”
By far, the incident that sparked the most interest was the Japan earthquake and tsunami. Pew looked at the most popular videos in the “news & politics” section of YouTube over those 15 months and found that 5 percent of the 260 videos related to the Japanese disaster.
Given that 70 percent of YouTube traffic comes from outside the U.S., it’s not surprising that the top three news videos were related to non-U.S. events. After the earthquake/tsunami, the Russian elections and the unrest in the Middle East topped news-related video views, Pew said.
Natural disasters and political upheavals were the most popular news video topics. People did not figure prominently; “No one individual was featured in even 5 percent of the most popular videos studied here-and fully 65 percent did not feature any individual at all,” Pew found. President Obama, however, was featured in 4 percent of the top videos worldwide, in posts that ranged from speeches to campaign ads from opponents.
As Pew noted, the growth of news videos on YouTube has been a help and a hindrance to traditional news outlets…
“Love this tip from +Jake Parrillo – I had no idea you could get notified when there was new satellite imagery for your house. Living in the future is pretty great.” – Rick Klau
The full story from Jake:
Last night, I received an email from the “Follow Your World” application of Google Maps that alerted me that there was new imagery for a “point of interest” of mine. Sure enough, I had entered our home address in the tool back when it launched in October of last year and forgot all about it.
The new satellite images are pretty recent – as there’s a new house being constructed on our block and the image has the roof shingles installed and the driveway in; which are both pretty recent events (within the last month or so).
The Follow Your World tool is a neat little app that gives you a heads up when Google updates their imagery of your house. We’re still not on StreetView (our block) so I’m hoping that one day soon, a note like the one above will arrive that will include the details of how our house is now included in the StreetView collection.