Fortune 500 generated nearly $10.8 trillion in total revenues last year
the Fortune 500 generated nearly $10.8 trillion in total revenues last year, up 10.5%. Total profits soared 81%. But guess who didn’t benefit much from this giant wave of cash? Millions of U.S. workers stuck mired in a stagnant job market. At the same time, corporate tax revenue as a percentage of GDP is lower than it has been in years, meaning that not only is the wealth not trickling down, but that these big firms are also becoming less and less likely to pay their fair share.
Free and decentralized media sharing software
GNU MediaGoblin is a new software project that will provide users with freely licensed and distributed photo sharing. Centralization and proprietization of media on the internet is a serious problem and makes the web go from a system of extreme resilience to a system of frightening fragility. Also, people should be able to own their data.
Neanderthal-style toolkit
A Neanderthal-style toolkit found in the frigid far north of Russia’s Ural Mountains dates to 33,000 years ago and may mark the last refuge of Neanderthals before they went extinct, according to a new Science study.