What You Need to Know Today: July 31
Your Early to Rise daily briefing. Today, Facebook unveils massive drone, the ultimate weapon in business, millennial parents are kind of hypocrites and more.
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TECH
“Zynga has stressed way more relationships than Ashley Madison,” says Dave Pell. A survey by Ask Your Target Market found that 28 percent of us play games on our phones during work, 10 percent have gotten into arguments with our bae’s over wasting time on playing games, and 30 percent consider ourselves addicted. Here’s why we can’t stop playing games on our phones.
Facebook announces its massive drone. Facebook has built its own drone that will bring internet connectivity to remote parts of the world. The drone – which has a wingspan of a Boeing 737 – will operate as high as 90,000 feet in the air, and can stay airborne for 90 days at a time, reports the BBC. This is all part of Facebook’s Internet.org plan, to bring connectivity to the developing world. If you want to know why internet trumps clean water and food in developing countries, just ask Facebook’s investors.
“They took our jerbs.” This week, the first ever professional baseball game was umpired by a computer.
CAREER
How to treat your “super fans.” Apple’s Cupertino campus will have an observation deck where super fans can overlook the campus. But what Apple isn’t telling you is inside this observation deck will be a play pen where fans can roam free and spend money. Lesson: Always Be Selling.
The ultimate weapon in business. “A good plan violently executed now is better than a perfect plan next week.” – General George Patton. A former Google exec reveals the secret to making tough decisions quickly.
What binge watching can teach you. Millennials are driven by instant gratification. The best example being how we watch TV. Gone are the days where you wait a week to tune into the latest episode of The OC. Now, we just binge watch all 4 seasons in a weekend. For this reason Netflix seems to “get you,” Vox explains why binge-watching is changing how we storytell.
FINANCE
How to calculate your net worth. Calculating your net worth is easy: assets – liabilities = net worth. Where net worth calculations become confusing is different people’s definitions of what constitutes an asset and a liability. For example, the bank considers the home you own and live in an asset. But an entrepreneur like Robert Kiyosaki does not. He argues, owning a home carries a lot of expenses, making it more of a liability than an asset. But that’s not to say you shouldn’t buy a home. Now is better than ever for our generation to buy homes.
+ 5 financial milestones to hit in your 20s.
What post-college life in Scandinavia looks like vs. the U.S. Does a tuition-free college experience make for a Scandinavian utopia? Fast Company has the answer.
LIFESTYLE
Why egalitarian attitudes of future parents is wishful thinking. When my grandmother passed away, my grandfather had to learn how to cook (before, he’d never cooked a day in his life). When my dad met my mom, he apparently “couldn’t even boil water.” My point is: all this sounds ridiculous to 20-somethings. It seems obvious that you share household chores with your partner. But interestingly, research shows this ideal falls apart once we actually become parents.
Tell me your thoughts… Can young parents share equal roles? If yes, what tips do you have?
+ Woody Allen shares his secrets to a successful marriage.
#NOWYOUKNOW
Harry Potter’s character turns 35 today. Here’s how a Mudblood gets turnt on his birthday.
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