Tech & Startups: Top 7 News Items From Across the Web July 29th, 2013
Tech Giants Beware! $35.1 B Merger creates World’s Biggest Advertising Agency
Omnicom and Publicis are merging to create the world’s biggest advertising agency worth $35.1 billion. The company will be called Publicis Omnicom Group and will be led by Omnicom CEO, John Wre,n and Publicis CEO Maurice Levy. They will be co-chief executives.
Meanwhile, Google is currently the world’s biggest digital ad network, and Facebook recently showed promising returns on mobile. Both of these companies, plus Yahoo, Apple and other tech giants have reason to be alarmed by this recent acquisition and potential threat in what is considered to be the internet’s top bounty: digital advertising.
2. 60 Minutes Predicts Steve Jobs Will Be Forgotten
In a recent documentary on Bill Gates, 60 Minutes highlighted the business magnate gone philanthropist, asserting he will make a longer-lasting imprint on society than Steve Jobs.
Here’s a link to the video: http://www.cbsnews.com/video/watch/?id=50151799n
3. Heart Surgery in India for $1583.00 costs $106,385 in U.S.
A heart surgeon turned businessman, Devi Shetty, has cut the price of coronary bi-pass surgery down to a mere $1583. It currently costs $106,385 at Ohio’s Cleveland Clinic, as first reported by Bloomberg.
How does Shetty accomplish such low prices across the 21 medical centers around India? He cuts down on air conditioning, the cost of medical scrubs and also foregoes Pre-Op testing.
“The current price of everything that you see in health care is predominantly opportunistic pricing and the outcome of inefficiency.” – Devi Shetty
4. New Invention Wards Off Date-Rape Drug
A Boston MassChallenge startup has invented new cups and straws, designed to change color in the event someone slips a date-rape drug into your drink.
The creator, Michael Abramson, was drugged himself one night in a Boston nightclub – which inspired the new concept. He raised $52,000 on IndieGoGo, citing support and outreach from other date rape drug victims.
“Your straw would actually change color. Any part that is touching the drink would actually then change color. And it would be designed, too, so it would be clear that there was a color change happening, there would be no question about it,” Abramson told WGBH news
5. The Ultimate Electric Driving Machine … Isn’t Tesla
BMW has just entered the EV market with an announcement today of the new BMW i3. The new vehicle in the i-Line is priced at $41,350 and expected to reach the United States in early 2014.
Current stats include a 22-kilowatt, 450-pound lithium-ion power and the ability to reach 80-100 miles with 170 horsepower and 184 pound-feet of torque.
On that note, the Nissan Leaf is still a better value in the EV market, but BMW at least has a carved out a starting point.
6. Busy Month For Bitcoin: Ruled to be Illegal in Thailand
Earlier this month, we reported the first website in Iran “Coin Ava” is now open to buying and selling Bitcoin. Yet, in a recent meeting between Bitcoin, LLC. and The Bank of Thailand, bitcoin was ruled to illegal in Thailand. The following reasons were stated: “lack of existing applicable laws, capital controls and the fact that Bitcoin straddles multiple financial facets.”
7. Fun Project with Arduino: Monitoring Toilets
Using a wireless Arduino, a team in Tokyo has designed a monitoring device for bathrooms. Similar to airplane occupancy lights, the team designed a way to know if the bathroom is occupied across three floors.