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In the hit movie The Martian Matt Damon's character, astronaut Mark Watney, is left in the dust of Mars alone to survive. He realizes that to live, "I'm going to have to science the sh*t out of this." There are some lessons in there for the Trudeau government as they conduct their consultations on Canada's wait-and-see innovation budget.
The fact that Walmart would be able to stop accepting Visa, historically one of the largest operators of credit cards, speaks mountains about the alleged market power of credit-card companies: It is simply not that big. You have significant market power when you are unavoidable, not when one party in the exchange simply wishes your prices would be lower.
In cases where big chain stores decide to move to a new market, one might think that the CEO would never sign off on the idea unless thorough "homework" has been done. However, this is not always the case. Some of the big names in the market may have their big move without proper groundwork and a detailed plan to address the requirements of the new venture.
New media companies like Netflix became more valuable than established media companies like CBS.
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Like it or not, online shopping is a big deal, and to dismiss it as something trivial is short-sighted at best. The question is, will there be a point in time when shopping will become a completely digital experience? Maybe not too soon, but the possibility is definitely there. Here's why:
I wonder: since when did "Merry Christmas" become a political statement especially in multicultural Canada? Multiculturalism is a complete and utter failure in Canada when it is politically incorrect to say "Merry Christmas" without pausing and wondering if they may or may not be offended?
When Wal-Mart is spearheading a manufacturing renaissance in the U.S., you know that the recession is dragging on. Since 2008, many economists have noted that this is the "jobless recovery." I know people who used to have one living wage job, who now have several part-time jobs and are scrambling every month to make ends meet.
Facebook is learning that what people like to chat about when they should be working isn't a very effective way to match ads to eyeballs. LinkedIn on the other hand has a very specific type of advertising structure, and one that works very well: job postings. Is there an ad people want to see more than one promising a better career?
The pressured middle class is starting to reshape the aisles at the Canadian outlets of the world's largest retailer. Discounter Wal-Mart Canada Corp. is finding a growing gap between the haves and th...