While most kids aren’t carrying around little plastic Tamagotchi eggs anymore, there’s still a big virtual pet market on Android and iOS. And that’s exactly where Tamagotchi is going next, with an app/game being launched soon by Bandai.
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<3
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Startup ditches Silicon Valley for Detroit
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A review team appointed by the State of Michigan has concluded that Detroit is mired in serious financial problems, a step that draws the city ever closer to emergency oversight by a state-assigned financial manager.
If Gov. Rick Snyder concurs with the findings in the coming days, state officials will appoint an emergency financial manager who would try to solve the city’s financial woes, and if that fails could ultimately urge Detroit to enter into bankruptcy proceedings.
In a way, the review team’s conclusion, announced on Tuesday, seemed inevitable in a city that has wrestled with more than $14 billion in long-term liabilities, nearly annual projections of imminent cash shortfalls and a population — and accompanying tax base — that has plunged to 713,000 residents from 1.8 million decades ago. Still, it is an outcome that many of Detroit’s political leaders have fought for years to avoid, racing in recent months to cut costs and collect more revenue as proof that the city can solve its own problems.
The team’s findings called new, undesired attention to the dismal financial circumstances of government operations in Detroit, a city that by some other measures has experienced a period of renaissance and private investment in recent years. It also raised the prospect of growing political and racial tension between the city, where the population is about 83 percent black and many leaders are Democrats, and the state, where the population is nearly 80 percent white and Republicans, including Mr. Snyder, control the capital.
"The New York Times, “State Control Draws Closer for Detroit After Fiscal Review” (via inothernews):(
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npr:
The average earnings of young college graduates are still falling.
Sigh. — tanya b.
WHAT?? I’m not even on this chart and still won’t be with my masters. Gross.
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