The Internet needed a friendly face to become usher in the digital revolution. The browser, which launched 20 years ago this spring, was that face. Today's interface of choice, the app, has launched a second revolution.
Technological innovation has made the US economy more productive, but this new economy creates fewer jobs, and wages are suffering. Preparing workers for an era when productivity and employment are no longer linked will be the grand challenge of the next generation.
Groupon IPO was poised to raise $25 billion a few months ago. Now, the Groupon IPO is slated for less than half that. Why the change?
Facebook revenue approaches $800 million in 2009, based on increases in users and advertising.