Breakthroughs and everyday innovations from the year.
HEADLINES ON August 14, 2002
Full News Archive
- Headline: California Energy Crisis Uncovered. Impact: If natural gas prices hadn't been manipulated, we might have been living in a world where California's power crisis was just a mild inconvenience, not a full-blown disaster. Who knows, maybe the Kardashians would have never learned to exploit reality TV for fame!. Fact: Did you know that the term 'energy crisis' has been used so many times, it probably deserves its own reality show? Tune in next week for 'Keeping Up with the Energy Crises'!.
- Headline: Sweden's Ericsson Faces Telecom Slump. Impact: Ericsson's struggle with the telecom slump might have inadvertently paved the way for the smartphone boom, as desperate consumers turned to their phones for entertainment instead of relying on their landlines. Thank you, Ericsson, for our addiction to social media!. Fact: Did you know that 30 billion kronor is roughly equivalent to a billion ways to ask why anyone is still investing in telecoms? Talk about a 'call' for help!.
- Headline: Conversations on the Streets of New York. Impact: Liz and Bill's sidewalk conversations might have sparked an underground movement of storytelling enthusiasts, leading to the rise of awkward first dates where everyone just talks about their childhood pets instead of their future aspirations. Thanks, guys!. Fact: Did you know that in New York, talking to strangers is considered a sport? Points are awarded for awkward silences and eye-rolling!.
- Headline: In Oaxaca, a Cook Creates a Stir. Impact: Iliana de la Vega's culinary updates could have ignited a global obsession with Oaxacan cuisine, leading to a world where foodies obsess over mole instead of avocado toast. The future is deliciously spicy!. Fact: Did you know that 'El Naranjo' translates to 'The Orange'? Perfect for those who like their cuisine with a side of zest and a sprinkle of pretentiousness!.
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)