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Michael Tchong

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T-shirts, Jeans and Sneakers: The Global Fashion Uniform

07/24/2013

Have you ever wondered how America became so successful at unifying the world’s wildly diverging clothing fashions? The Cotton Industry reports: Denim jeans represent an estimated $60 billion global market for retailers. Denim jeans can be found in the wardrobes of 96% of U.S. consumers who, on average, own seven pairs. The history of jeans […]

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Surveillance Is Small Price to Pay for Security

04/30/2013

In the wake of the Boston Marathon bombing, a survey finds that Americans are more accepting than ever of continuous surveillance. Writes The New York Times: Americans overwhelmingly favor installing video surveillance cameras in public places, judging the infringement on their privacy as an acceptable trade-off for greater security from terrorist attacks, according to the […]

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Facebook Home

04/04/2013

After many years of recurring rumors, Facebook today finally opened its kimono to show off a Taiwanese collaborator’s “Facebook phone.” Only it turns out not to be a real Facebook phone but a social layer on top of Android that replaces the app-centric world of mobiles with one that revolves around people. Facebook with 1.06 […]

Square Leads Fast Company’s List of Top 10 Finance Innovators

02/15/2013

Fast Company has published its list of the world’s top 10 most innovative companies in finance , lead by our pioneering fave, Square. The list is fascinating, if only for the decoding of innovation trends as highlighted below: World’s Top 10 Most Innovative Companies In Finance Rnk Company Description 1. Square simple credit-card transaction system […]

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Internet’s Newest Craze: Animated GIFs

02/14/2013

They’re everywhere now. Propelled by pure entertainment lovers, the internet’s newest craze, animated GIFs, are making a big comeback. GIFs have become memes that explain concepts in animated style without requiring much knowledge of video editing. The GIF above was the result of a news story about an owl getting stuck in a car. Who […]

Superbowl and Social Media Drop Kick Television to the Second Screen

02/05/2013

Mainstream television is beginning to take a backseat to social media, part of a phenomenon that surfaced in the late 90s, when we first documented an emerging trend called “multi-media tasking.” The Superbowl lifted this pervasive habit of surfing the internet while watching TV to rabbit-ear heights. The tres courant habit of juggling multiple media […]

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Facebook Mobile Advertising

01/30/2013

Facebook today announced that is mobile ad revenues reached 23% of total revenues in fourth quarter 2012, up from 14% in the quarter before. The company also notes that “Mobile DAUs exceeded web DAUs for the first time in the fourth quarter of 2012,” but did not provide any additional data on this particular trend. […]

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Race Against the Machine

01/29/2013

When 60 Minutes aired a report that inferred that robots were taking jobs away from American workers, one robotics pundit sharply criticized the program because it was based on the work of two economists, Andrew McAfee and Erik Brynjolfsson, who wrote a controversial 2011 book, “Race Against the Machine.” As The New York Times reports: […]

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Woman’s Acceptance Factor

01/22/2013

There it was: the umpteenth TV commercial featuring a woman doing the housework. You fill in the brand: PAM, Tide, McCormick’s, or even hip Target — all relegate women to that subsidiary role of “happy homemaker.” You would think the Renaissance thinkers in advertising could come up with something more enlightening. That enlightenment might include […]

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Predicting the Future Blade Runner Style

01/22/2013

When futurists want to divine what’s next, they turn to science fiction. After all, it’s the science fiction writer who ably peers into the future. Leonardo Da Vinci famously predicted that man would fly. Jules Verne accurately foresaw the submarine. Fast forward to modern sci-fi. In 1968, Philip Dick published “Do Androids Dream of Electric […]

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