Word: likelies
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Dates: during 2000-2009
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...perhaps the biggest reason for optimism is Xi'an residents like Lu Bo. The 32-year-old says the salary he earns as a salesman in the air-freight department at China Eastern Airlines was reduced by a third last year when his company was hit hard by the financial crisis, but that hasn't stopped him from spending. So confident is he about the future, he recently went out shopping for a new refrigerator. "Judging from my job, my life, I think everything will become better and better," Lu says. And maybe for the entire world economy as well...
...Nelson Elliott, an accountant who, while bedridden in the 1930s, charted stock-price movements and found intricate patterns based on the Fibonacci number sequence (in which, after 0 and 1, each number is the sum of the previous two: 1, 2, 3, 5, 8, 13, etc.). The Fibonacci series, like pi, appears frequently in nature. (See the top 10 financial-crisis buzzwords...
...plowing, er, clicking, or if you've run out of friends who faux-farm, you can buy farm cash and get what you want. These virtual goods are the products that social games are actually trying to hawk. People hand over real money for make-believe merchandise. It's like using greenbacks to buy Monopoly dollars--but if you want...
...staff. Unlike traditional electronic games, which can't be changed much after they're shipped, Zynga's games constantly evolve in response to users' preferences, so they're more habit-forming. "They're making movies," he says of console-based-game creators. "What we're doing is more like weekly TV programming...
...investors that offering free games on Facebook was a sound proposition. Zynga attracted $39 million in start-up money and got a second wave of $15 million this month. Ads and virtual goods bring in most of the revenue. But because people who play free games on the Internet like the free part, Zynga needed a third income stream--product come...