Breakthroughs and everyday innovations from the year.
HEADLINES ON August 20, 2002
Full News Archive
- Headline: India's Ice Cream Market Showdown. Impact: If only Amul had lost this battle, we might have been enjoying avocado-flavored ice cream today instead of the classic vanilla. Who knew a simple ice cream rivalry could shape dessert preferences for generations to come?. Fact: Did you know that in India, ice cream is often referred to as 'ice cream' and not 'gelato' or 'sorbet'? Groundbreaking, right?.
- Headline: Biophilia: The Double-Edged Sword. Impact: If humanity had taken a more 'hands-off' approach to nature, we might have avoided a whole lot of environmental disasters. But hey, who needs balance when you can just hug a tree until it falls over?. Fact: Biophilia sounds fancy, but it basically means we love nature unless it decides to, you know, bite us. Nature: 1, Humanity: 0..
- Headline: Lost and Found at Grand Central Terminal. Impact: The successful reclamation of dentures could very well have led to a future where people are more attached to their lost items than their loved ones. Next up, emotional support dentures?. Fact: Grand Central's Lost and Found is like a dentist's office for lost things - minus the judgment for losing your own teeth..
- Headline: Qwest to Sell Yellow Pages For $7 Billion. Impact: Selling the Yellow Pages may have inadvertently ushered in the age of Google, where people now find the nearest pizza place without having to thumb through a 1,000-page book of ads. Thanks, Qwest, for accidentally modernizing our search habits!. Fact: Remember when we used to get those massive Yellow Pages books? Now, we just get spam emails asking if we want to buy ad space. Progress!.
- Headline: World Business Briefing | Asia: Hong Kong: Jobless Rate Hits Record. Impact: This record jobless rate led to an intense love affair with online gaming and takeout food that would shape the future of home entertainment and delivery services. Who knew unemployment could boost our screen time?. Fact: In Hong Kong, if you can't find a job, at least you can find a fantastic dim sum restaurant to drown your sorrows. Silver linings, folks!.
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)