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The mobile space has quickly become a two-horse race between Google and Apple ‐ and one of those giants significantly widened its lead last quarter. Google's Android surged to a whopping 68% share of the global smartphone market last quarter. That's four times more than the 17% market share held by Apple, according to a Wednesday report from research firm IDC. (CNN/Money)
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Last Friday evening, a hacker got into Mat Honan’s Apple account, remotely erased the data on his iPhone, iPad, and MacBook, deleted his Google account, commandeered his Twitter account, and then posted a string of nasty stuff under Honan’s name. Until recently, Honan, who’s a writer at Wired and one of my favorite tech journalists, worked at Gizmodo, and his Twitter account was still linked to the tech blog’s main Twitter page – so for about 15 minutes, the hacker was able to post a bunch of foul-mouthed, racist stuff there, too. (Slate)
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Untangling just what LinkedIn Premium can or can't do for your career takes a little doing. So we did it for you. (Fast Company)
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Despite a full-time job as a mechanical engineer, Sean Whitney is carving out hours to pursue the new Johns Hopkins MBA/MA in "Design Leadership." Whitney believes the program, a collaboration of the Johns Hopkins Carey Business School and the Maryland Institute College of Art, will teach him management skills while he learns to think more creatively. (Reuters)
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Millennials' job prospects aren't as bad as you might imagine, according to this infographic by Red Tree Leadership. By 2020, millennials will comprise almost half of the workforce, and that percentage will only rise as boomers retire. (The Salary Reporter)
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Why do women continue to earn less money than men – approximately 20% less, according to some estimates – and what can be done about it? (Knowledge@Wharton)
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During the Olympics, the ad ran constantly: A red Cadillac ATS speeds through hairpin turns in Morocco’s Atlas Mountains as a wide-eyed wingman yells, "We’ve been going as fast as you possibly can without taking this thing off the side of a cliff!" The disc brakes that make this stunt possible are from Brembo (BRE), a company in the Lombardy region of northern Italy. Brembo is not what you picture when you hear people tossing around phrases about Italy like "profligate" and "basket case." It’s an elite export powerhouse, with €703 million ($871 million) in revenue in the first six months of 2012, up 11 percent from a year earlier. (Bloomberg/Businessweek)
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Here’s how it works: You’re building a Web service in the U.S. or Western Europe, but you realize Silicon Valley, New York, and London are terribly expensive places to hire programming talent. So you hire staff in a developing economy, perhaps Eastern Europe. And why not? Skilled programmers outside the West are cheaper and whip-smart, helping you save money and improve your product. (Bloomberg/Businessweek)
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When Kellogg stamped Gabby Douglas’s hard-to-forget smile on a box of corn flakes, the company kicked off a string of endorsement deals that will likely make her millions. But even without sponsors, the 16-year-old gymnast will leave London with $50,000, which is what pair of gold medals is worth in her home country. (Bloomberg/Businessweek)
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During the M.B.A. gold rush of the past three decades, the Yale School of Management accomplished the unthinkable. As the number of prospective business-school candidates shot up to more than 750,000 a year and tuition payments cleared $100,000, Harvard, Stanford, the University of Chicago and other schools hired star faculty members, built gleaming buildings, established themselves as global brands and brought in tens (and sometimes hundreds) of millions in profits to their universities each year. Meanwhile, Yale somehow lost money. (The New York Times)
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With its leafy avenues and Gothic buildings, the University of Chicago seems a sober, solid sort of place. John D. Rockefeller, whose money built it, said it was the "best investment I ever made". Yet Chicago and other not-for-profit American universities have been piling on the debt as if they were high-tech start-ups. (The Economist)
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Abridged business master's programs are growing at a time when applications to full-time MBA programs are declining at many schools. (Fortune)
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Got a business idea and up for a challenge? If so, register to compete in NBMBAA's Innovation Whiteboard Challenge®. The Innovation Whiteboard Challenge gives you the chance to pitch your great business idea with just a marker and a whiteboard. Take the chance and sell the concept you've been thinking off to a panel of distinguished judges at the 34th Annual Conference and Exposition in Indianapolis this September.

 

In June, Google engineers took to the stage in front of thousands of cheering software developers to introduce the Nexus Q, a black ball meant to stream video and music. It was Google’s first try at building its own hardware – in the United States, no less – and Google called it "a third wave of consumer electronics." (The New York Times)
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Joseph Garner, director of Craigslist Joe, wanted to see whether or not online communities could actually take care of people in real life. Here, Garner talks about how to get just about anything you need from social media – and some IRL chutzpah. (Fast Company)
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The iconoclastic VC gave 24 young entrepreneurs $100,000 to abandon college and pursue their dreams. One year later, here's how they're doing. (Inc.)
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Consultant John B. Webster has an unusual way of introducing himself to prospective clients: He tells them he did time in four federal prisons. Mr. Webster is a former criminal defense lawyer who served a 13-month sentence for lying to a law-enforcement agency in an effort to help a client. He says he freely advised fellow inmates on sentencing issues while serving his time. Prevented from practicing law, he turned this experience into a business, starting his three-employee Brentwood, Tenn., consulting firm, National Prison and Sentencing Consultants, after he got out of prison in 2002. (Wall Street Journal)
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As products roll off the line at Caterpillar’s recently expanded East Peoria factory, every one is marked with a flag that designates its final destination. There are a lot of Chinese, Indian and Australian flags. But there are plenty of American ones too, and their numbers are growing. (Time)
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The drought that's drying up the Heartland isn't just an American problem. It's causing food prices to surge worldwide. And it could get worse. "This is not some gentle monthly wake-up call, it's the same global alarm that's been screaming at us since 2008," said Colin Roche of Oxfam, noting that the drought could lead to food shortages for millions of people worldwide. (CNN/Money)
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It's no secret that falling behind on student loan payments can squash a borrower's hopes of building savings, buying a home or even finding work. Now, thousands of retirees are learning that defaulting on student-debt can threaten something that used to be untouchable: their Social Security benefits. (SmartMoney)
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The path to becoming a millionaire shortens with every major step you take up the corporate hierarchy. Jump from a human resources administrator to manager, for instance, and you become eligible for greater supplemental income like bonuses and stock options. (CNN/Money)
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We’ve all seen the smiling faces of company owners and executives as they ring the opening bell at the New York Stock Exchange to mark the start of public trading of their shares. In fact, this week was the biggest week for IPOs since Facebook (Nasdaq: FB) went public in May. Many outsiders assume that the ultimate goal of entrepreneurs is to ring that bell. After all, why wouldn’t it be? (Upstart Business Journal)
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In major cities around the world, people are revolting against big business. Occupy Wall Street grew to be a global phenomena, but has yet to create any real change. But unlike Wall Street, there is one street where everyday people can create a revolution. A revolution that will have a profound impact on the health of the planet and people around the globe. That street is Madison Avenue, the literal and figurative center of the advertising industry. (Fast Company)
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Republican presidential candidate Mitt Romney has acknowledged that he had money in a Swiss bank account until 2010. Romney says he wasn't trying to hide the money, since he reported the account to the government. Even so, he closed the account at a time when the federal government was in the middle of a major crackdown on offshore tax havens – a crackdown that has made it harder for Americans to hide their money overseas. (NPR)
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Directors must seize control of CEO selection and pursue the task in a way that's fundamentally new at most companies. Here are a few of the most critical steps boards need to take. (Fortune)
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Do you find it odd that when a company announces a profit of $8.4 billion in a single quarter, the performance is reported as "disappointing"? Or $5.7 billion as "dreadful"? Fact is, these were the terms used to describe the results produced by Exxon Mobil and Royal Dutch Shell after their second quarter earnings release. (Harvard Business Review)
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When Steve Hoden was making a career change, from high school science teacher to pastor for the Evangelical Covenant Church, he chose a seminary not only for its denominational affiliation but also for the training it could give him in business. (Inside Higher Ed)
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Trade an hour of your trouser-hemming expertise for a dental cleaning, or your computer-programming know-how for someone else’s home-weatherizing skills. Hour Exchange Portland has turned the lost art of time banking into a boon for its Maine community. (Fast Company)
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