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Best Of FORBES: 30 Under 30, Story Of Snapchat: World's Hottest App?

Jan 6 2014, 4:36pm CST | by

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Best Of FORBES: 30 Under 30, Story Of Snapchat: World's Hottest App?
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Best Of FORBES: 30 Under 30, Story Of Snapchat: World's Hottest App?

FORBES launched the third annual 30 Under 30, a tally of the brightest stars in 15 different fields under the age of 30. This is an exhilarating time to be young and ambitious. Never before has youth been such an advantage. These founders and funders, brand builders and do-gooders aren’t waiting around for a proper career bump up the establishment ladder. Their ambitions are way bigger — and perfectly suited to the dynamic, entrepreneurial, and impatient digital world they grew up in. Meet the 450 prodigies reinventing the world right now” — Caroline Howard. Read 30 Under 30 Who Are Changing The World 2014

Snapchat represents the greatest existential threat yet to the Facebook juggernaut. Teens have been signing up for Snapchat in droves and FORBES estimates that 50 million people currently use the app. Facebook, meanwhile, has admittedly has seen a decline among teenagers” — J.J. Colao. Read The Inside Story Of Snapchat: The World’s Hottest App Or A $3 Billion Disappearing Act?

“Dassault Systèmes, a design and simulation software company, had created a complete, three-dimensional view of the electrical impulses and muscle-fiber contractions that enable the human heart to perform its magic” — Joann Muller. Read Inside A Beating Silicon Heart

“Bitcoins were worth nothing in 2009, when the digital cryptocurrency was first minted on the computer of its mysterious creator, Satoshi Nakamoto, who claimed to live in Japan. Four years later the value of one Bitcoin surpassed $1,100, thanks in large part to a surge in speculative interest from China. A little-known Shanghai company called BTC China met the demand and quickly became the world’s largest Bitcoin exchange, with more than 100,000 of the virtual coins, or $100 million, traded on a single day, nearly double the market share of its closest competitor, Japan’s Mt. Gox” — Kashmir Hill. Read China Bites Into Bitcoin

“Louisiana politicians decided handouts would turn the state into a Tinseltown rival. Now they’re stuck with them” — Dorothy Pomerantz. Read The Big Easy’s Movie Money Pit

“Aneel Bhusri wears many hats. A Silicon Valley veteran, he’s been a partner at venture capital firm Greylock Partners for the last 15 years. More recently, he’s served as co-CEO of enterprise software firm Workday. And now, he’s a billionaire” — Ryan Mac. Read Tech Exec Aneel Bhusri Becomes A Billionaire As Workday Shares Soar

“As has been FORBES’ tradition we have gathered a selection of ‘Best Ideas’ from some of our favorite money managers and investment advisors” — Matt Schifrin. Read Guru Round Up: The 43 Best Investment Ideas For 2014

“Nearly every time you fill out a prescription, your pharmacy sells details of the transaction to outside companies which compile and analyze the information to resell to others. The data includes age and gender of the patient, the name, address and contact details of their doctor, and details about the prescription. A 60-year-old company little known by the public, IMS Health, is leading the way in gathering this data” — Adam Tanner. Read The Company That Knows What Drugs Everyone Takes Is Going Public

Source: Forbes

 

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Story behind Syed Mokhtar’s ‘RM2.25 billion tax-exempt’ Bernas deal revealed, says PKR MP

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Malaysia Spends Over $9 million on MH370 Hunt: Report

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IHH Healthcare posts 25% rise in 1Q earnings to $62 mil

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