Look At All The World’s Global Trade In One Interactive Map

Foreign Policy: Watch: All the World’s Global Trade in One Interactive Map

It’s hard to understand the jargon-laden and math-saturated world of international trade. But a new interactive map helps visualize global imports and exports, showing just how massive global trade really is.

Each dot, color-coded by type of trade like agriculture, minerals, plastics, and transportation, represents $1 billion. As the graphic shows, there are a lot of dots — 15,600, in fact, to represent the $15.6 trillion of international trade in 2015 (the latest year from which U.N. data is available) according to the U.N. Comtrade database that tracks the world’s economic statistics.

Take a gander at the interactive version here. Or simply watch the above video:

Read more ....

CSN Editor: China, Europe, and the U.S. is where all the action is.

Can You Run A Silicon Valley Startup Without A Cellphone?

That’s right: I do not own a cellphone; I do not use a cellphone. I do not have a phone. Photograph: Sarah Lee for the Guardian

The Guardian: I run a Silicon Valley startup – but I refuse to own a cellphone

In the heart of the most tech-obsessed corner of the planet, Steve Hilton hasn’t had a phone in years. He’s relaxed, carefree, happier. His wife on the other hand ...

Before you read on, I want to make one thing clear: I’m not trying to convert you. I’m not trying to lecture you or judge you. Honestly, I’m not. It may come over like that here and there, but believe me, that’s not my intent. In this piece, I’m just trying to ... explain.

People who knew me in a previous life as a policy adviser to the British prime minister are mildly surprised that I’m now the co-founder and CEO of a tech startup . And those who know that I’ve barely read a book since school are surprised that I have now actually written one.

Read more ....

CSN Editor: Yes .... it is possible that you can do a Silicon Valley start-up without owning a cellphone (I have done it myself). But you will need email (and a land-line).

The Power Of Nanosecond Trading

Red line represents the frequency of sub-650 millisecond flash crashes, and blue the frequency of flash spikes, between January 2006 and February 2011. The black spike is the S&P 500 index. Image: Johnson et al./arXiv

Nanosecond Trading Could Make Markets Go Haywire -- Wired

The afternoon of May 6, 2010 was among the strangest in economic history. Starting at 2:42 p.m. EDT, the Dow Jones stock index fell 600 points in just 6 minutes. Its nadir represented the deepest single-day decline in that market’s 114-year history. By 3:07 p.m., the index had rebounded. The “flash crash,” as it came to be known, was big, unexpected and scary — and a new study says flash events actually happen routinely, at speeds so fast they don’t register on regular market records, with potentially troubling consequences for market stability.

Read more ....

My Comment: So much for the small individual investor.

Reprogrammable Card Can Be Many Credit Cards In One

Card 2.0 The Multi-Account credit card lets you toggle between different accounts at the same bank. Dynamics Inc.

From Popular Science:

A pair of new computerized credit cards can re-program their own magnetic stripes and hide their account numbers, providing added security for bank customers who don’t want to carry lots of plastic inside RFID-proof metal wallets.

Read more ....

How Much Big Tech Companies Have In The Bank

From Royal Pingdom:

Have you ever wondered how much money Google, Microsoft, Apple, IBM, Yahoo, Amazon and other tech giants have in the bank? What kind of assets do they have, how much spending money do they have? The vague answer is, “a lot.” But if you want to find out exactly how much, read on.

To answer these questions, we picked out 15 well-known tech companies and looked at two things:

* Total assets: The value of all assets of a company, including equipment, properties, offices, cash, etc. In short: “everything they own.”
* War chest: The part of a company’s assets that consists of either cash and equivalents, or short term investments that can be quickly converted to cash. In short: “spending money.”

Read more ....