Breakthroughs and everyday innovations from the year.
HEADLINES ON July 16, 2009
Full News Archive
- Headline: Twitter Hack Highlights Security Vulnerabilities. Impact: This Twitter hack set off a chain reaction that resulted in a global obsession with online security. Little did the hacker know, they were basically the godparent of every 'change your password' email you've received since.. Fact: Did you know that the very first tweet was just 'just setting up my twttr'? If only the founders knew it would lead to the great password-reset epidemic of 2020..
- Headline: Clinton Defends State Department's Role. Impact: Clinton's fight for her turf inadvertently paved the way for future secretaries of state to become social media influencers. Who knew diplomacy could also come with a TikTok dance?. Fact: Did you know that the term 'Secretary of State' actually goes back to the 18th century? Back then, they were probably just as worried about losing clout to the White House but with way fewer tweets..
- Headline: Card Fees Pit Retailers Against Banks. Impact: This skirmish between retailers and banks set the stage for the rise of mobile payment apps. So, thank the card fees for making your phone the most important thing in your pocket—next to your snacks, of course.. Fact: Did you know that credit cards were first introduced in the 1950s? So, this fee drama has been going on longer than your grandparents' arguments about who forgot to pay the utility bill..
- Headline: Retailer Knockoffs Abound in India. Impact: The rise of knockoffs in India has led to a global black market for fake designer goods. Thanks to this, you can now find a 'Prada' purse that is definitely not made in Italy but probably in someone's garage.. Fact: Did you know that the term 'knockoff' originated in the 1970s? It’s almost poetic how it sounds like the sound of cash registers ringing in counterfeit bliss..
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Netflix - If you invested $1,000 in 2009, it would be worth $220,288 today (220.3x return)