During the last U.S. recession in 2001, the newly unemployed often gathered to trade horror stories and job-seeking tips at groups like the Five O’Clock Club. During this recession, of course, the newly unemployed swap stories online, particularly on social networks.
But, for at least one social network for the jobless–the The 405 Club, named in honor of the $405 a week maximum given out in New York unemployment checks–online is not enough. They still like to meet in person, occasionally.
New York police issued more than 7,400 tickets last week in a 24-hour crackdown on cellphone-using drivers. The police’s goal was to cut down on cellphone use while behind the wheel in accordance with New York law, and in light of newly released research showing that texting while driving is particularly risky. Officers gave fair warning of its planned blitz, but studies have shown that New York drivers typically ignore the law. Thursday was no different.
It’s almost impossible to believe, but there it is: the cable industry is actually outgrowing the wireless sector. This stunning factoid comes courtesy of the latest Weekend Media Blast piece from Bernstein Research analyst Craig Moffett. He notes that in the U.S. wireless industry, subscriber growth over the last 12 months is up 5.3 percent, but revenue per subscriber is down 1.7 percent, producing just 3.6 percent revenue growth.
The company that wants to buy The Pirate Bay and turn the file-sharing haven legit says its plans are moving full-steam ahead. But it seems to be having a hard time convincing its own team.
Since announcing its plans in June, Swedish software company/Internet cafe outfit Global Gaming Factory X has seen a succession of allies jump ship.
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