Silicon Valley, in a proverbial hornet’s nest of legal intrigue has been buzzing with one of the biggest (and possibly unsettling) displays of takesies backsies that the tech world has seen this year. For those just tuning into the events, we’ll provide you the long short of it in play by play fashion:
Commerce and trade are fundamentally based on exchanging asymmetries in one another’s ability to produce value at a given cost. As such, commerce intrinsically creates mutual value. That’s why it works. Moreover, the option to trade with more parties creates more value by fostering larger volumes of and more competitive trading.
The University of Southern California has developed a reputation for innovation and entrepreneurship over the years. On Friday October 25th, this innovative spirit was put on display at the 2013 Student Innovator Showcase. In this yearly event put on by the Stevens Center for Innovation, 30 teams, selected from a pool of 70 applicants, presented their unique ideas to crowds of students, parents, and judges.