This New Jersey pinball wizard is trying to modernize an old arcade favorite.

http://youtu.be/FnKKoaMNxw4

 

Questions:

  1. What’s important characteristic about their customers must pinball machines manufacturers keep in mind?
  1. Will pinball manufacturers like Jersey Jack be able to expand their market?

From CNN Money

 

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Like all coveted consumer items, smartphones are a prime target for theft. As the devices have become increasingly common, so have reports of muggings and break-ins involving the gadgets. According to Consumer Reports, more than 1.6 million Americans had their smartphones stolen in 2012. Meanwhile, smartphone thefts accounted for more than 50 percent of robberies in San Francisco and 75 percent of thefts in the neighboring city of Oakland.

The uptick in gadget-related larceny has led to an outcry among Continue reading

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April 30, 2014

In our increasingly connected world, people are constantly generating new data about themselves. While social networks collect a record of one’s feelings, sensors that measure sleep patterns and Wi-Fi-enabled scales can keep track of vital statistics. To tech experts, all this seemingly vain information may actually lead to the next great innovation: predictive computing. Soon enough our gadgets will know us so well that they won’t just store our to-do lists, they might actually write the lists themselves.

Many smartphone Continue reading

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April 26, 2014

 

babyFor many parents, the day a child becomes potty-trained is cause for celebration. Not only has their kid progressed to a new stage of their life, but it also means that they’re done dealing with one of parenting’s messiest products: diapers. Each year Americans spend more than $10 billion on Pampers alone, accounting for 12 percent of Procter & Gamble’s sales. Although that makes Pampers the biggest brand in P&G’s portfolio, their North American market share still trails Kimberly-Clark’s Continue reading

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April 24, 2014

 

The “Happiest Place on Earth” may also be one of the priciest: last year Walt Disney increased the cost of a one-day pass for its Magic Kingdom theme park to $99. The $4 uptick came just eight months after Disney’s previous price hike, but customers don’t appear to mind. In 2013 theme park income rose by 17 percent to $2.2 billion as crowds continued to pack the company’s $14.1 billion entertainment empire.

It’s possible that the lofty costs required Continue reading

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March 26, 2014

For many people, learning a second language is often a necessary step to take in order to climb up the career ladder. Of the 1.2 billion people across the world currently learning a foreign language, more than 800 million are studying English to get a better job. But language learning is such a time-consuming and expensive enterprise that many people are forced to end their instruction before reaching fluency. Even alternatives to personal tutoring, such as the popular software line Continue reading

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March 19, 2014

For many years, the famous phrase “location, location, location” served as one of the most unfailing maxims in the business lexicon. But as the digital age has broken down borders and streamlined commerce, the importance of physical locations has diminished. In fact, some intrepid entrepreneurs have given up permanent addresses entirely in order to cut down costs and increase mobility.

The types of business best suited for going off the physical grid are tech companies, service providers, media firms and Continue reading

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March 3, 2014

 

Crowdfunding websites like Kickstarter and Indiegogo have allowed thousands to receive the capital they need to realize their entrepreneurial dreams. However, these sites tend to work out best for people whose ideas play to an Internet audience, such as artists or video game designers. That’s why U.S. lawmakers passed the Jumpstart Our Business Startups (JOBS) Act in 2012. The legislation is meant to make crowdfunding more accessible to small businesses that may not have much of a web presence. Continue reading

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January 24, 2014

Over the past few decades farming towns across America have seen populations drop as more young people leave their rural homes behind in favor of big cities. However, urban living today doesn’t present as many opportunities as in the past. Not only do cities demand a higher cost of living, but also chances for career advancement can diminish given the large talent pool.

That’s the situation systems manager Wallace Harwood encountered at his job with an energy company in Lexington, Continue reading

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