Must Read Financial Blogs: Internet Economy Set to Nearly Double by 2016
Minyanville's daily roundup of some of the best financial commentary from around the Web.
All Things D
“The Internet economy of G-20 nations will nearly double in value to $4.2 trillion by 2016, according to a new projection by the Boston Consulting Group released at an event with Google today. That’s up from $2.3 trillion in 2010.”
Link: Do Big-Time Sports Mean Big-Time Support for Universities?
“The past year has been a busy one for big-time college sports scandals, and for public discussion around how best to tame the beast that 'ate college life,' as Laura Pappano put it in a recent article. From recruiting violations and the Jerry Sandusky sex abuse scandal, to the exploitation of student athletes and adverse effects on nonathlete student grades, the barrage of media coverage has thoroughly documented the social costs of big-time college sports. So why are universities in this business at all?”
Link: Google+ Aims to Attract Young Users, Just Like Facebook
“Peddlers of cigarettes, credit cards and social networks all know the golden rule: Get ‘em while they’re young. Continuing its full-frontal assault on social media, Google released a set of safety features focused on teenagers on Thursday, no doubt an attempt to snag a new generation of users to grow up and fill out the network.” (Also Read Google Engineer Calls Google+ a Complete Failure.)
Link: Who Has The Most Wiggle Room?
“Both the International Monetary Fund and the World Bank have recently warned that if the euro-area crisis worsens it could drag the world into another deep recession. If so, emerging economies would once again be hurt by falling exports and a drying up of capital inflows. This week’s Free exchange column examines which countries have the most fiscal and monetary firepower to boost their domestic demand.” (See Also Europe's Road to Nowhere, Part 1.)
Real Time Economics
Link: Business Sector Is More Open for Business
“Businesses are opening their wallets wider. Heading into 2012, U.S. companies, which had been sitting on trillions in cash, are planning to spend more on big capital projects. They are laying off fewer workers, indicating more demand for labor. Those signs are good for the overall economic outlook.”
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