Breakthroughs and everyday innovations from the year.
HEADLINES ON July 15, 2010
Full News Archive
- Headline: Toyota Admits Faults in Acceleration Issues. Impact: If Toyota hadn't admitted to these flaws, we might still be living in a world where 'drive-by' isn't just a fast food option but an actual driving experience. Thanks, Toyota, for keeping our joyrides slightly less terrifying.. Fact: Did you know that 'unintended acceleration' became a popular phrase right after this? A great way to make it sound like your car has a mind of its own!.
- Headline: A.I.G. Chairman Golub Resigns. Impact: The resignation of A.I.G.'s chairman opened the floodgates for corporate drama, leading to a reality show called 'Corporate Clash' where CEOs throw staplers at each other instead of negotiating. Imagine the ratings!. Fact: Fun fact: This clash was probably the last time anyone in the office even bothered to look at their 401(k) plan..
- Headline: Verizon's Rise Without iPhone Partnership. Impact: Verizon's rise without the iPhone proved that dependency on one product is overrated. This inspired countless tech companies to abandon their flagship products and instead focus on creating strange new gadgets nobody asked for.. Fact: Did you know that no one actually needs an iPhone to make phone calls? Shocking, I know!.
- Headline: BP Says Oil Flow Has Stopped as Cap Is Tested. Impact: BP's announcement of stopping the oil flow was like a scene from a disaster movie where the hero finally turns off the faucet. Unfortunately, the sequel had already been greenlit, and it was all about clean-up.. Fact: Did you know that the Gulf of Mexico still has an oil spill cleanup crew as a permanent resident? It's like the worst Airbnb experience ever..
- Headline: Vatican Revises Abuse Process, but Causes Stir. Impact: The Vatican's revised abuse process caused a stir, leading to a long-term conversation about accountability in religious institutions, which eventually inspired a slew of documentaries and Twitter threads. The world loves a good scandal!. Fact: Did you know that revising rules can sometimes be like rearranging deck chairs on the Titanic? It looks nice, but the ship is still sinking..
Wall Street Time Machine
TSLA
Tesla
Tesla - If you invested $1,000 in 2010, it would be worth $303,497 today (303.5x return)
NVDA
NVIDIA
NVIDIA - If you invested $1,000 in 2010, it would be worth $410,895 today (410.9x return)