Archive for August 12th, 2017
Winning The Lotto Doesn’t Have As Much Value As You Think
Most of the people don’t realize that a huge chunk of their lottery winnings will be consumed by taxes. You either annuitize your winning or take a lump sum. Either way, after the payment of federal, state and local taxes the windfall can be cut by almost 50%!/ CNBC Video
IRS head needs to go- Rep. K. Brady
Rep. Kevin Brady talks about scrubbing and eliminating multiple loopholes, exemptions, deductions that raise taxes. We need to lower the rates and make them competitive. It is not an easy task but is necessary to keep the economy growing./ Fox Buisness
Bikes’ rentals are spreading all over China.
Bikes’ rentals are spreading like the wild fire all across China. Riding a bike in major Chinese cities, though, is not for a faint of heart. Riders have to deal on the regular basis with motorists refusing to yield to them. Bike sharing services definitely contribute to reducing pollution, but can inevitably lead to a stressful commute.
Innovation and Incubation Inside eBay’s New York City Office
This summer eBay announced new image search technology that the New York office brought to life. The technology lets you upload photos of products to the eBay mobile app and then helps you find that product or something similar. Nice work for a small team of 130 people that represents only about 1 percent of eBay employees around the world.
Beck says the office gets to work on products for 171 million buyers in 190 countries, but the office still has a startup feel because of its small size. Adding to that startup feel is the Friends of eBay program, an incubator helping to nurture New York’s tech community.
With ‘Watch,’ Facebook challenges YouTube video
CNN Tech’s Samuel Burke explains why Facebook’s move to host original content from video partners may mean bad news for free platforms like YouTube. CNNMoney video