Latest Updates
Porn Prepares for Google Glass
Jeff Chiu/AP
Google Glass might be revolutionary, not just on a technological level but also for the porn business, which is already prepping POV apps using Google’s new tech.
Imagine watching your favorite porno with hands-free control. No more lube on the remote or keyboard!Google Glass could take the POV concept to whole new levels, and this is particularly relevant in porn. No more awkward over the shoulder camera, with a camera operator breathing down a performer's neck trying to get that spot-on-POV without being the performer himself. Now an untrained camera operator, an actor, can wear these Google Glasses and obtain the perfect perspective while hands-free to guide the action.
‘After Earth’ Crashes at Box Office
Columbia Pictures
Yep, no one really likes it.
The danger of flopping at the box office is real. The fear of being made fun of for making a movie like After Earth is a choice. And, after the film opened with only $27 million, Will Smith probably should've thought about that choice a bit more. Panned by critics, After Earth could only land in third place at the box office, behind Fast and Furious 6 and Now You See Me. This outcome isn't exactly a surprise: Will Smith hasn't had box-office magic in years and sci-fi films haven't done well this year. M. Night Shyamalan directed the movie, too. So no twist endings here.
To the Class of 2013
I would describe this Rob LaZebnik takedown of millenialls as mean-spirited, but as most kids my age will probably assume he's being heartfelt instead of bitingly sarcastic, I'll just laugh along with the old people. Yet I can't help but wonder: isn't the reason so many kids my age are like this because of parents like LaZebnik?You masterfully tied together a set of emotional symptoms that looked enough like attention deficit disorder to buy you extra time on all your finals and standardized tests.
Goldman Insider Posts Intern Tips
Mario Tama/Getty
Include sleep with female intern, tell racist jokes, name-drop.
Tips to survive your summer internship at Goldman Sachs: “bang a [female] intern,” “always repeat racist jokes,” “don’t wear Hermès ties, ever,” and name-drop if you went to a “decent board school.” Oh, and if you have an Indian or Pakistani boss, “learn the rules of cricket.” Those are some of the 20 tips to success, according to the author of the Wall Street gossip blog GS Elevator, which has nearly half a million Twitter followers and 5,000 hits on its blog per day. “You’ve been vetted and hired by Goldman f---ing Sachs,” the blog reads. “You might feel like you crossed the finish line. But the race hasn’t even started yet.” Goldman, though, isn’t taking GS Elevator’s tips seriously, with a spokesman saying the blogger “sounds like an investment banker from the ‘80s.”
Cool Green Cities
Corbis (2), AP, Getty
From a Day Without Cars and gardens atop shopping malls, a look at smart projects from around the world.
Tolstoy on Insider Trading
Bettman/Corbis
It’s not hard to understand why Anthony Chiasson, already a millionaire, would risk it all to rake in even more. Libraries are filled with such characters—just ask Tolstoy, writes Liesl Schillinger.
Last month, a 39-year-old Manhattan hedge fund manager and former altar boy named Anthony Chiasson was slapped with a six-and-a-half year prison term and a $5 million fine for crimes connected to insider trading. It was a very stiff sentence—prosecutors said it was meant to discourage others in the hedge fund “criminal club”—and the judge who delivered the punishment, U.S. District Judge Richard J. Sullivan, scolded Chiasson as he sentenced him.
Smoothie Mix Linked to Hepatitis A Outbreak
Sergei Grits/AP
Traced back to Turkish pomegranates.
Better think twice about ordering that smoothie. If it was made with Townsend Farms Organic Antioxidant Blend, a frozen mix of berries and pomegranate seeds often used in smoothies, it could give you acute Hepatitis A—and no smoothie is worth Hepatitis A, no matter how acute. According to the CDC, 30 people across five states have been infected with the virus as a result of eating the fruity mix—nine of whom have been hospitalized. A certain type of Turkish pomegranate seed used in the mix seems to be responsible for the outbreak. People can recover fully from mild cases of Hepatitis A without treatment, but the most severe cases can result in liver failure and death.
The Electric Car’s Tipping Point?
Scott Olson/Getty
Tesla’s making money, sales have doubled, and prices for plug-ins and hybrids are coming down in a big way. Is this the green market’s Model T moment?
“I would build a motorcar for the great multitude.”That’s what Henry Ford proclaimed early in his career. Ford, of course, is associated with the democratization of the automobile; the Model T was the first mass-owned car. But Ford started off as a luxury-car maker—making high-tech, impractical, very expensive vehicles for the very rich.That’s how it often goes when new technologies hit the market: they’re produced in small batches at a high cost.
The Banks Are Killing It
Adam Gault/Getty Creative
Times couldn’t be better for bankers—but pundits are always complaining about regulations and making doomsday predictions. Daniel Gross on how government policy and the steadily improving economy are helping banks thrive.
It’s an article of faith on the right that Dodd-Frank, the set of financial reforms passed in the wake of the financial crisis, is economic poison. “Dodd-Frank Financial Regulations Strangling Economy,” the Heritage Foundation warned last summer. The libertarian Mercatus Center in January warned of Ten Ways Dodd-Frank will hurt the economy in 2013. Here’s Eric Cantor, in a March Bloomberg television appearance “Dodd-Frank, I believe, and the follow on regulations, present a real problem and threaten our competitiveness if we don’t try to set aside some of the very damaging suggestions about regulation.
What Price Drug Use?
In the last few decades, we've put a lot more people in jail for drug offenses. And the street price of drugs has fallen.
Over at the Washington Post, Harold Pollack has a rather shocking graph, showing the intensity of law enforcement efforts, vs. the street price of heroin and cocaine. Summary: putting people in jail doesn't seem to have much effect: Of course, that doesn't necessarily tell us that enforcement isn't reducing drug use. For most drug users, illegal drugs have three costs: 1. The cash price of the drug2. The search costs to find and obtain the drug 3.
Stories We Like
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International Business Times
Ford Bets Big Time on India
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Rolling Stone
How Harsh is Your State?
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Huffington Post Tech
Meet the World's Fastest Super Computer
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Ask Men
10 Essential Zombie Movies You've Never Seen
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International Business Times
Italy’s Overcrowded Prisons: A Growing Tragedy Of Epic Proportions
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Huffington Post Politics
Republican: I Oppose Abortion Because Male Fetuses Masturbate
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International Business Times
China's National Men's Soccer Team Loses Game, And National Respect
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Mental Floss
12 Old Words that Survived by Getting Fossilized in Idioms
Markets React to Fed Tapering
With news of potential Fed tapering, Julie Hyman joins In the Loop with Betty Liu on Bloomberg News to give analysis of market reaction.
Writers We Like
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James D. Hamilton and Menzie Chinn
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Mark Thoma – Economist’s View
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Barry Ritholtz – The Big Picture
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Tyler Cowen/Alex Tabarrok – Marginal Revolution
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Greg Mankiw
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Peter Boone, Simon Johnson, and James Kwak
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Brad De Long
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Nouriel Roubini
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Calculated Risk
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Dealbreaker
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Eddy Elfenbein — Crossing Wall Street
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Zero Hedge
Business
Daniel Gross
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Happy Days are Here Again
The prophets of American economic decline revise their thinking. More
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Owning a Piece of the Sun
Save the planet, turn a profit.... More
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What Deficit?
I hate to say I told you so, but I told you so.... More
Asymmetrical Information
Megan McArdle
Building a Better Clinical Trial System
Companies don't publish all their results. How can we get more information into the public domain?
Latest from The Daily Beast
Sunset Over Gitmo?
Obama’s appointment of Clifford Sloan to head the Office of Guantanamo Closure has many hoping the president finally means business. Miranda Green on whether Gitmo’s days are numbered.



