Retail sales of craft beers grew 15% last year. Liquor also had a good 2011, with a 4% increase in sales, while wine has soared in popularity among Baby Boomers and women in general. Everywhere you look, there’s a hip new vodka …
Technology & Media
China Welcomes Apple CEO Tim Cook, Approves New iPad for Sale
Apple’s new iPad, which is currently for sale in over 30 countries worldwide, has been an immediate hit — the company sold over 3 million units in the first weekend. But there is one very large and conspicuous market where the …
Facebook Asks Court to Throw Out ‘Fraudulent’ Paul Ceglia Lawsuit
Social networking giant Facebook hopes to finally put an end to a bizarre lawsuit filed by an upstate New York former wood-pellet salesman who claims he owns half of the tech phenom. In a motion to dismiss the case Monday, …
Like Building Refrigerators: Bell Labs and the End of Game-Changing Innovation
In the years immediately after the breakup of the Bell System in 1984, a question arose: What was the purpose of this company—and what was the purpose of its laboratory, arguably the finest in the world—going forward?
Why Your Inbox May Seem a Little Less Crowded These Days
Sometimes one industry’s bad news is cause to celebrate for … almost everybody else in the world.
Return Path, one of the world’s biggest email certification companies, says the number of emails getting through to inboxes …
Music Industry Can See The Light After ‘Least Negative’ Sales Since 2004
The music industry enjoyed its best sales performance for eight years in 2011, as CDs’ collapse decelerated, digital sales continued growing and new services were launched to capitalise on in-roads made in combating piracy.
Why Hollywood Loves IMAX More Than 3-D
The decline in movie theater attendance can’t be denied. The majority of people say they rarely or never go to the movies nowadays, and last year saw the fewest movie tickets sold since 1995. Yet one part of the business—the …
How Do You Manufacture Innovation?
In technology, the odds of making something truly new and popular have always tilted toward failure. That was why Mervin Kelly, the president of Bell Labs, let many members of his research department roam free, sometimes without …
Some Awfully Good Companies Competing for ‘Worst Company in America’ Title
Google and Apple? They’ve been squared off in an annual March Madness-style tournament in which the nation’s worst company “wins.” What complicates matters is that Apple, Google, and several other companies entered in the contest …
The Top 10 Biggest Money-Losing Movies of All Time
How Bell Labs Invented the World We Live in Today
In the decades before the country’s best minds began migrating west to California’s Silicon Valley, many of them came east to New Jersey, where they worked in enormous brick-and-glass buildings located on grassy campuses …
Apple Sells Three Million New iPads on Opening Weekend
Apple’s new iPad boasts relatively modest incremental improvements from the previous version — most notably a sharper screen as well as faster computing and wireless speeds — but consumers proved over the weekend that demand …
