Week in Review


10 ways you know the US election is over

It’s been a long slog of a campaign and many Americans – whether their favoured candidate won or lost – are just relieved it’s over. Here are 10 signs election day has been and gone.

1. No-one cares about Ohio

Once every four years, the state finds itself at the centre of the political universe, before dropping off the map. Ohio is often the butt of American jokes – seen as the embodiment of a Midwestern backwater. But as the election draws near, the world’s media descends, and commentators talk breathlessly about how “it’s all about Ohio”. “People enjoy it,” says Fred Andrle, a former talk show host in Ohio. Most of the time, “we are considered fly-over people”. Ohio law student Andrew Gordon-Seifert, 24, appreciated the attention – not least from the candidates themselves. But he says: “There’s a sentiment of cynicism – they realised how important we are to getting elected, but will they be there for us in the future?”

Read more here.

This Computer Costs Just $13 [VIDEO]

Heard of Raspberry Pi, the $35 computer? Here’s the Walmart version: Texas Instruments has created a computer on a single circuit board that costs just $13.

Although Raspberry Pi can output HD video, the tiny TI PC doesn’t have any graphics — you operate and program it via line commands, just like DOS.

For the full skinny on the ultra-cheap PC, check out the video above.

Konekt.me Is A LinkedIn For Creative Professionals

There are plenty of resources on the Internet to maintain a professional profile. LinkedIn is the most prominent, but none really cater specifically to the creative professional. But a startup out of Toronto, Canada, is ready to give artists, writers, photographers, directors, musicians, and anyone else who considers their work a labor of artistic love a new way to easily display their work in a clean format on the web.

Meet Konekt.me.

Read more here.

Lockheed Martin forces out incoming CEO over relationship with subordinate

BETHESDA, Md. — Lockheed Martin Corp. has ousted its president and future CEO over a relationship with a subordinate.

The defense company said Friday that its board of directors asked for and received the resignation of Christopher Kubasik from his role as vice chairman, president and chief operating officer.

Kubasik, 51, was scheduled to become CEO in January.

Lockheed Martin says an ethics investigation confirmed that he had a close personal relationship with a subordinate employee. That violates the company’s code of ethics and business conduct.

Read more here.

Priceline buys Kayak for $1.8B

A big move in the travel site world today: Priceline just agreed to buy Kayak for $1.8 billion in a cash-and-stock deal, the two companies just announced.

Priceline pays $500 million in cash, and the remaining $1.3 billion comes from equity and stock options. Both boards have approved the deal, but the companies are still awaiting shareholder and regulatory approval. The deal is expected to close late in the first quarter of 2013.

Read more here.

Munchery delivers chef-prepared meals to your door

For those of us who are less than talented in the kitchen but still crave home cooked food, Munchery is a dream come true. Now, with $4 million in funding, this startup will take its marketplace across the nation.

Read more here.

Learning from a failed IPO

Shortly after the company’s IPO, the stock tanked. Marketing costs were threatening the very existence of the company. Wall Street had pretty much written it off.
Read more here.