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“Either you will be a global company, or you won’t be a company”

“Either you will be a global company, or you won’t be a company”

BY SARAH LACY 
ON JUNE 24, 2013

Our PandoMonthly with Fred Wilson was one of our most popular so far, and it was brought to you by Smartling – a company that makes it possible to adapt your website into multiple different languages and manage all those versions quickly and easily.

It was a fitting sponsorship, because many of Wilson’s best known companies like Foursquare, Twitter, and Zynga have massive, massive audiences overseas. Part of the explanation for consumer Internet companies’ massive valuations this time around has been that they are more than a billion people online, and it’s never been possible to reach such a large audience so quickly. Read more of this post

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Daredevil Nik Wallenda completed a historic high-wire walk on a 2-inch (5-cm) steel cable over the Grand Canyon, the first person to cross the canyon without a tether or safety net

Daredevil Nik Wallenda completes high-wire walk across Grand Canyon

Daredevil Wallenda gives a thumbs-up sign as he nears the end of a steel cable rigged across more than a quarter-mile deep remote section of the Grand Canyon near Little Colorado River

6:48am EDT

By Tim Gaynor

LITTLE COLORADO RIVER, Arizona (Reuters) – Daredevil Nik Wallenda completed a historic high-wire walk on a 2-inch (5-cm) steel cable over the Grand Canyon on Sunday and was greeted by wild cheers after his hair-raising stunt. Wallenda, the self-described “King of the High Wire,” took 22 minutes and 54 seconds to walk 1,400 feet across the crimson-hued canyon with just a distant ribbon of the Little Colorado River beneath him. The event was broadcast live around the world. Wallenda, the first person to cross the canyon, made the walk without a tether or safety net. Wallenda could be heard praying almost constantly during the walk, murmuring “Thank you, Jesus.” He kissed the ground when he reached the other side. He said he stopped and crouched down twice, first because of the wind, the second because the cable had picked up an unsettling rhythm. Read more of this post

Archimedes’s discoveries are still inspiring modern-day inventions

June 24, 2013

Archimedes: Separating Myth From Science

By KENNETH CHANG

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An oil painting of Archimedes by Giuseppe Patania, an early 19th century Italian artist, hangs in Palermo. Two inventions credited to Archimedes, death rays and steam cannons, have proved to be stubborn myths.

For the last time: Archimedes did not invent a death ray.

But more than 2,200 years after his death, his inventions are still driving technological innovations — so much so that experts from around the world gathered recently for a conference at New York University on his continuing influence.

The death ray legend has Archimedes using mirrors to concentrate sunlight to incinerate Roman ships attacking his home of Syracuse, the ancient city-state in the southeast Sicily. It has been debunked no fewer than three times on the television show “Mythbusters” (the third time at the behest of President Obama). Read more of this post

How a freelance web developer made $490,000 in just 18 months posting lectures online on Udemy, which keep 30% of the revenue while the instructor takes 70%

June 25, 2013 – 12:41PM

Will Oremus

How a freelance web developer made $490,000 in just 18 months posting lectures online.

Victor Bastos has made close to half a million US dollars teaching classes on Udemy, an online learning start-up. Photo: Courtesy of Victor Bastos

Victor Bastos was making $US20,000 ($21,600) a year as a freelance web developer in Lisbon, Portugal, when he started posting videos to YouTube. Already fluent in several programming languages and looking to branch into new ones, he thought making instructional videos would help him keep track of what he’d learned. “It was like an online notebook for myself,” Bastos, 33, said. “But then I started getting a lot of subscriptions. People told me, ‘Your tutorials are great — why don’t you make a full course?’”

Within a few months, Bastos got an email inviting him to do just that. The proposal came from an online-learning start-up he had never heard of called Udemy. The offer: host his course on Udemy’s web-based platform, and he could charge students to take it and keep 70 per cent of the revenues. Udemy would keep the other 30 per cent. Read more of this post

Square roots? Scientists say plants are good at math; Plants do complex arithmetic calculations to make sure they have enough food to get them through the night

Square roots? Scientists say plants are good at math

Sun, Jun 23 2013

LONDON (Reuters) – Plants do complex arithmetic calculations to make sure they have enough food to get them through the night, new research published in journal eLife shows. Scientists at Britain’s John Innes Centre said plants adjust their rate of starch consumption to prevent starvation during the night when they are unable to feed themselves with energy from the sun. They can even compensate for an unexpected early night. “This is the first concrete example in a fundamental biological process of such a sophisticated arithmetic calculation,” mathematical modeler Martin Howard of John Innes Centre (JIC) said. During the night, mechanisms inside the leaf measure the size of the starch store and estimate the length of time until dawn. Information about time comes from an internal clock, similar to the human body clock. “The capacity to perform arithmetic calculation is vital for plant growth and productivity,” JIC metabolic biologist Alison Smith said. “Understanding how plants continue to grow in the dark could help unlock new ways to boost crop yield.”

Studies show that giving a spouse advice–particularly unsolicited advice–can lower marital satisfaction. How to give advice that your husband or wife may actually take.

June 24, 2013, 7:03 p.m. ET

The Perils of Giving Advice

Even When Well Intentioned, It Hurts Marital Satisfaction for the Giver and Receiver

By ELIZABETH BERNSTEIN

WhatHeSays062413

A tension point for many couples: the giving and receiving of advice. Experts say men hear advice from women as scolding while women often hear advice from men as condescending. Elizabeth Bernstein and Dr. Anna Ranieri discuss. Photo: The Bean Family.

I know what you should do and here’s my advice.

How many times have you heard that (and groaned)?

Advice giving, especially unsolicited, is tricky. Being on the receiving end can be annoying and make us defensive. But giving advice can be frustrating, as well, particularly when the intended beneficiary of our wisdom makes it clear it isn’t welcome—or takes the same recommendations we’ve been giving for months from someone else. The whole advice issue is typically hardest to navigate with the person we know the best: our spouse or partner. Read more of this post

The World Bank should stop ranking countries on how business-friendly they are, according to an independent review that said an annual listing creates perverse incentives for governments

World Bank Is Told to Dump Rankings From ‘Doing Business’

The World Bank should stop ranking countries on how business-friendly they are, according to an independent review that said an annual listing creates perverse incentives for governments.

The bank’s annual “Doing Business” publication should continue under a new title and with a new methodology, Trevor Manuel, a former South African finance minister who led the audit, told reporters in London today. Read more of this post

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