National / International News

GoPro goes public

Marketplace - American Public Media - Thu, 2014-06-26 02:00

The following story was updated after GoPro raised $427 million in its IPO, and its price jumped 30 percent in the first day of trading, closing above $31 per share.

GoPro, which makes action sports cameras, has gone public. The company raised $427 million in its initial public offering, initially selling shares at $24 apiece. 

Investors bought the stock based on GoPro’s potential. So what are they buying? 

GoPro videos are famous for scenes of daredevil skiing or surfing. So far, GoPro has made most of its money from cameras, which can be mounted on helmets, toddlers,  birds -- you name it. 

But, to really make money, GoPro needs to be more interactive; perhaps build its cameras into goggles that connect to the Web. 

“I might want a map of the resort. I might want to know where I am in the resort, ” says Andrew Sheehy of Generator Research.

GoPro videos could also have a future on cable TV.

“If they are able to take a 'best of' and upstream it -- you know, they get their own half-hour show on MTV or something,” says Jeff Howe, who teaches multimedia journalism at Northeastern University.

GoPro could sell advertising, leading to a steady stream of revenue, which investors would love. 

Why is GoPro so popular? Check out some of the craziest, death-defying, fascinating, and hilarious GoPro videos on the web.

1. Watch what happens when this GoPro camera falls out of a plane. You won't believe the end. 

2. Daredevil Felix Baumgartner inspired the world when he became the first man to jump from 24 miles above the surface of the Earth. See what he saw through the GoPro attached to his head.

3. GoPros aren't just for taping freefalls from great heights. Here's what happens when you put one on a ukulele and give that ukulele to an orangutan. 

4. People use GoPros to go places they couldn't otherwise go -- like right up to a rattlesnake. We don't suggest you try this one at home.

5. There's a reason GoPro is so popular with extreme atheletes...

6. GoPro was first popular with surfers. 

7. But you hardly need to be an athelete or daredevil to use one. 

8. This guy took his to Burning Man. 

9. Ever wonder what it must be like to be a rat crawling around in Walmart?

10. Or go to space? 

11. Or live inside The Matrix? 

12. Of course, who says you have to do anything interesting at all?

 

 

Everyday Activities With A GoPro - watch more funny videos

Why won't millenials just buy houses already?

Marketplace - American Public Media - Thu, 2014-06-26 02:00

Millennials get blamed for a lot these days: entitled behavior, too much texting, kombucha.

Now, there's one more thing that's kind of their fault (but only kind of), according to a new report from Harvard's Joint Center for Housing Studies: the sluggish housing recovery.

"Young people are always the key to the housing market," says Chris Herbert, the center's director of research. He says an expanding housing market requires a chain reaction -- young people buy starter homes from middle-aged people, who in turn upgrade to bigger homes themselves, and on and on. But "without those young buyers coming in to the market, the whole market really tends to get bogged down."

And that's what’s happened in the past few years. So what do millennials have to say for themselves for all this bogging-down they're doing of the housing market?

Of course no one millennial can speak for their whole generation, but 29-year-old Steve Parkhurst gave it his best shot in his recent Youtube video "Millennials: We Suck and We’re Sorry."

When I asked Parkhurst why he didn't own a house, he laughed.

"I've tried to increase my credit limit on my credit cards," he says. "I can't even do that — so the idea of walking into a bank and asking for a 30-year mortgage seems comical to me."

Parkhurst says the economic realities facing many millennials — student-loan debt, low-paying freelance jobs, and scary unemployment rates for most of his adult life — have kept him and lots of his friends from even thinking about real estate, he says.

"It's not like we're all too hip and cool to want it," he says. "I love the idea of owning a home. But at the moment it's just not a possibility."

Maybe, he hopes, he might own by the time he's 40.

Costa Rica bans leader's image worship

BBC - Thu, 2014-06-26 01:55
The Costa Rican leader says he wants to end the "worship of the presidential image" and bans his portrait from being hung in public offices.

Benefit fraud of £16m discovered

BBC - Thu, 2014-06-26 01:54
Benefit fraud and errors worth £16m, including money claimed by illegal immigrants, are identified by the public spending watchdog.

Bank sees no dangerous bubble now

BBC - Thu, 2014-06-26 01:45
Bank sees no dangerous bubble now

VIDEO: Children investigated over 'sexting'

BBC - Thu, 2014-06-26 01:44
Children as young as 10 are being reported to police for sharing explicit photos of each other over mobile phones and social media, a BBC investigation has found.

MI6 chief Sawers to step down

BBC - Thu, 2014-06-26 01:42
Sir John Sawers, chief of the Secret Intelligence Service, is to step down in November after five years in the post.

Labour: PM mishandled Juncker talks

BBC - Thu, 2014-06-26 01:41
Labour accuses David Cameron of "badly mishandling" efforts to block Jean-Claude Juncker from the EU's top job.

NHS blunders led to toddler's death

BBC - Thu, 2014-06-26 01:23
Three-year-old Sam Morrish died from a treatable condition because of a "catalogue of errors", a review finds.

Peter Pan author's grave vandalised

BBC - Thu, 2014-06-26 01:18
Police appeal for witnesses after the family graveyard plot of Peter Pan author JM Barrie in Kirriemuir is vandalised.

Brussels murders extradition ordered

BBC - Thu, 2014-06-26 01:17
A French court orders the extradition to Belgium of Mehdi Nemmouche, suspected of murdering four people at the Brussels Jewish Museum.

New Oscar rules for music announced

BBC - Thu, 2014-06-26 01:16
Oscar organisers have put new rules in place for its music categories to ensure fair campaigning in the run up to the awards.

VIDEO: Making solar cells with tofu salt

BBC - Thu, 2014-06-26 00:48
Making solar cells with a salt used in tofu manufacturing could make generating energy from the Sun much cheaper, say scientists.

VIDEO: Bank of England stability report

BBC - Thu, 2014-06-26 00:47
Bank of England Governor Mark Carney is explaining whether he plans to take action to cool the housing market in parts of the UK

Call to save Pitcairn's ocean bounty

BBC - Thu, 2014-06-26 00:44
Researchers say that "immediate protection" is required for the pristine waters around the remote Pitcairn Islands in the Pacific.

Savile hospital abuse reports due

BBC - Thu, 2014-06-26 00:43
Accounts of sexual abuse and inappropriate treatment by Jimmy Savile in 28 NHS hospitals are due to be outlined in a series of reports.

In pictures: 'Pellet guns' maim Kashmir protesters

BBC - Thu, 2014-06-26 00:43
The weapons used against Kashmir protestors

Your pictures: Mountains

BBC - Thu, 2014-06-26 00:41
Readers' photos on the theme of "mountains"

Giants' Lincecum Pitches 2nd No-Hitter Vs Padres

NPR News - Thu, 2014-06-26 00:22

Tim Lincecum pitched his second no-hitter against the San Diego Padres in less than a year, allowing only one runner Wednesday and leading the San Francisco Giants to a 4-0 win.

» E-Mail This

Mini-hearts grown to study disease

BBC - Thu, 2014-06-26 00:17
Thousands of miniature human hearts are grown to research disease by scientists in Scotland.
ON THE AIR
PRI's"The World"
Next Up: @ 01:00 pm
Pot Luck

KBBI is Powered by Active Listeners like You

As we celebrate 35 years of broadcasting, we look ahead to technology improvements and the changing landscape of public radio.

Support the voices, music, information, and ideas that add so much to your life.Thank you for supporting your local public radio station.

FOLLOW US

Drupal theme by pixeljets.com ver.1.4