Breakthroughs and everyday innovations from the year.
HEADLINES ON January 29, 2016
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- Headline: Xerox Spinoff Planned Amid Icahn's Pressure. Impact: This spinoff led to Xerox focusing more on its services, which eventually resulted in the rise of cloud computing. Who knew that one disgruntled investor could pivot an entire industry into the digital age? Thanks, Carl!. Fact: Did you know that while Xerox invented the photocopier, they also inadvertently popularized the term 'to xerox,' which has since been used to describe any form of duplication? Take that, dictionary!.
- Headline: Bruce Springsteen's Iconic Concert Experience. Impact: This concert reignited the '80s nostalgia wave, leading to an era of questionable fashion choices and an overabundance of synth pop revivals. Thanks, Bruce, for making leg warmers a thing again!. Fact: Did you know that Bruce Springsteen's real name is Bruce Frederick Joseph Springsteen? Guess he decided that 'Frederick' didn't scream rock star as much!.
- Headline: Increase Forces to Combat ISIS Challenge. Impact: This realization led to a prolonged military presence in the Middle East, which in turn sparked countless debates on foreign policy, military spending, and the age-old question: 'Why can't we solve this like adults?'. Fact: Did you know that the term ‘ISIS’ is short for ‘Islamic State of Iraq and Syria’? It sounds so much cooler than just saying 'that group we can't seem to get rid of.'.
- Headline: Ted Cruz and Marco Rubio Clash Harshly, Filling Void on G.O.P. Debate Stage. Impact: This debate became a template for future political clashes, where shouting matches and personal attacks took precedence over actual policies. Thank you, Ted and Marco, for showing us that politics can be as entertaining as reality TV!. Fact: Did you know that the debates are more about ratings than actual debate? Who needs to know about policies when we can just watch politicians throw verbal punches?.
- Headline: Bank of Japan, in a Surprise, Adopts Negative Interest Rate. Impact: This bold move set off a global race to the bottom in interest rates, where banks started charging customers to keep their money safe. Because who wouldn’t want to pay someone to hold onto their cash? Thanks, Japan, for this 'innovative' banking strategy!. Fact: Did you know that negative interest rates mean you can literally lose money by keeping it in the bank? It’s like the bank saying, 'Thanks for your generosity, but we’ll take a little off the top!'.
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NVIDIA - If you invested $1,000 in 2016, it would be worth $220,545 today (220.5x return)