Shanghai gets set to welcome the world.
On May 1 will you be visiting my favorite metropolis? Shanghai, China’s most populous city, welcomes you to the opening of the World Expo 2010, the “biggest outdoor entertainment event in history.” Beginning Saturday and continuing until Oct. 31, you and some 70 million others–the number of expected visitors–will be able to see 253 pavilions from 192 countries. The world’s first developing country to host a world fair is ending up creating the largest one ever.
The Expo will be just like the Olympics, only much bigger and far more exorbitant. Initially, Beijing promised the Shanghai event would be a modest affair. Chinese leaders, however, could not help themselves. Officially, they say they will spend the equivalent of $4.2 billion to host the event. Yet add in all the amounts poured into infrastructure and other preparations, and the cost balloons to more than $58 billion. Call it the most expensive event in history.
More at The Most Expensive Event In History
Apple (nasdaq: AAPL – news – people ) Chief Executive Steve Jobs wants to patent a process that will save customers the hassle of waiting to order a cup of coffee at a local Starbucks (nasdaq: SBUX – news – people ) or a fresh burger at the nearest fast food restaurant. Even better: The technology would let you jump the line of those ordering in person
The patent puts Apple’s partnership with Starbucks in a new light. The technology promises to morph Apple from the business of simply selling gadgets and music and movies that can be played on those devices into an intermediary in all kinds of exchanges.
Read more at Forbes
APLINK still wants an iPhone for Christmas – maybe next year !
“Why do so many entrepreneurs lose focus? The same reason they became entrepreneurs in the first place: ferocious ambition. Entrepreneurs are dreamers; restraint is unnatural.”
An oft-cited study estimates that just two-thirds of all start-ups see their second birthdays, and less than half make it to their fourth.
Whatever the exact figures, no one would argue that scores of budding new ventures die on the vine. One of the most common killers: lack of focus.