Created by Broken Equipment

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Detroit—The city of Detroit filed the largest municipal bankruptcy case in U.S. history Thursday afternoon, culminating a decades-long slide that transformed the nation’s iconic industrial town into a model of urban decline crippled by population loss, a dwindling tax base and financial problems.

The 16-page petition was filed in U.S. Bankruptcy Court in Detroit.

Detroit is 18.5 billion dollars in debt.

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Today is Nelson Mandela’s 95th birthday. #HappyMandelaDay

“Do not judge me by my successes, judge me by how many times I fell down and got back up again.” ~Nelson Mandela

People around the world are spending 67 minutes making a positive impact upon other people’s lives for Mandela Day. Checkout 67 ideas to change the world after the jump…
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Zane chats to Jay-Z about the new album Magna Carta Holy Grail

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#1. Jay-Z – Magna Carta Holy Grail – 527,000 (527,000)

#2. Ciara – Ciara – 58,000 (58,000)

#3. J. Cole – Born Sinner – 39,000 (478,000)

#6. Kanye West – Yeezus – 29,000 (459,000)

#7. Wale – The Gifted – 28,000 (237,000)

#10. Macklemore & Ryan Lewis – The Heist – 22,000 (913,000)

#24. Mac Miller – Watching Movies With The Sound Off – 10,000 (148,000)

#40. Kendrick Lamar – good kid, m.A.A.d city – 7,400 (966,000)

#50. Lil Wayne – I Am Not A Human Being II – 6,200 (517,000)

#164. Tony Touch – The Piece Maker 3 (Return Of The 50 MC’s) – 2,400 (2,400)

* data comes from Nielsen Soundscan, rounded to nearest thousandth for units above 10,000, nearest hundredth for units below 10,000.


Directed by Spike Lee


A dramatic thriller based on real events, THE FIFTH ESTATE reveals the quest to expose the deceptions and corruptions of power that turned an Internet upstart into the 21st century’s most fiercely debated organization.

McDonald’s has partnered with Visa to make a website dedicated to showing its employees how to properly budget their peasant salaries. However, what it actually does is illustrate the fact that it is nearly impossible to get by on minimum wage in America as shown in this “example” budget chart:

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If you earn $34,000 p/ year you are in the 1% of the wealthiest in the world according to billionaire Charles Koch. Koch is spending $200,000 on this video media campaign in Witchita, KS to focus on economic and political issues. (We can create this same style video @GWOPMagazine for under $5,000)

Apple1

A rare Apple 1 computer — among the first ever produced by Steve Jobs and Steve Wozniak’s one-time tech startup — has sold at auction for nearly $400,000.

The piece of computing history, hand-built in the garage of Jobs’ parents way back in 1976, went for $387,750 in an online-only Christie’s auction. The device was reportedly sold by a retired school psychologist from California, and bought by an Italian collectors’ club.

Mobile-payments

An eMarketer report predicts that mobile payments in the United States will break the $1 billion barrier this year and then hit $58 billion by 2017.

The eMarketer study defines such payments as “transactions for goods or services made by scanning, tapping, swiping or checking in with a mobile phone at the point of sale.” They differ from mobile commerce, which is defined as purchasing items on a mobile device. The researcher predicts mobile commerce sales will hit $38.4 billion this year.

 

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Wale - The Gifted

#1. J. Cole – Born Sinner – 58,000 (439,000)

#2. Wale – The Gifted – 50,000 (208,000)

#3. Kanye West – Yeezus – 39,000 (431,000)

#8. Macklemore & Ryan Lewis – The Heist – 24,000 (890,000)

#23. Mac Miller –  Watching Movies With The Sound Off – 13,000 (138,000)

#24. Pretty Lights – Color Map Of The Sun – 13,000 (13,000)

#32. Kendrick Lamar – good kid, m.A.A.d city – 10,000 (959,000)

#42. Lil Wayne – I Am Not A Human Being II – 7,600 (511,000)

#107. Starlito – Cold Turkey – 3,800 (3,800)

#193. Jay-Z – The Black Album – 2,500 (3,516,000)

* data comes from Nielsen Soundscan, rounded to nearest thousandth for units above 10,000, nearest hundredth for units below 10,000.