Breakthroughs and everyday innovations from the year.
HEADLINES ON July 26, 2012
Full News Archive
- Headline: Zynga Faces Major Revenue Shortfall. Impact: Zynga’s struggles led to a massive exodus of social media game developers, ultimately resulting in the rise of hyper-casual games and the birth of a million 'flappy bird' clones. Thanks, Zynga!. Fact: Did you know that FarmVille was so popular it almost convinced people that farming could be a viable career path? Spoiler: It wasn't..
- Headline: Negative Ads Shape 2012 Presidential Race. Impact: The mudslinging between Obama and Romney set a precedent for future elections where personal attacks outshine policies, leading to the rise of reality TV-style politics. So, thanks for that!. Fact: Did you know that negative ads have been proven to be less effective than actual policies? But hey, who needs substance when you have character assassination?.
- Headline: Fed Evaluates Economic Growth Strategies. Impact: The Fed's mixed signals created a perpetual state of uncertainty in the economy, leading to the rise of conspiracy theories about secret societies controlling the financial world. Spoiler alert: they don’t exist... or do they?. Fact: Did you know that the Federal Reserve is often compared to a magician? They pull a rabbit out of a hat, but you still end up with an empty wallet..
- Headline: Retailers’ Idea: Think Smaller in Urban Push. Impact: Retailers aiming for urban expansion led to gentrification, pushing out local businesses while ensuring that your overpriced organic coffee is just a stroll away. Progress, right?. Fact: Did you know that the idea of 'thinking smaller' might just be what every person feels when they look at their bank account after a shopping spree?.