$300K Per Hour – The Average Cost of Network Downtime

If you believe in averages, that is. We spotted this stat today, that the average cost of network downtime, across industries (based on surveys) is $5,600 p/minute, which extrapolates to well over $300K p/hour. The range is from $140K to $540K p/hour. (Source)

100 percent uptime is a really huge deal. Now we know why, in dollars.

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CableTV Stats: On Average, US Homes Receive 189 Channels, Watch 17

We spotted this statistic around cable TV habits of Americans – The number of cable channels in an average US household has grown dramatically over the last five years, but the number of channels that viewers actually watch has hardly changed at all. In 2008, US households received an average of 129.3 channels but only actually viewed 17.3 channels. In 2013, the number of channels received increased 46 percent, but the number of channels viewed only increased 1 percent. (Source)

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Stunning: Nearly Half of New Yorkers Are Struggling to Get By

That’s definitely not something you think of when you think about the financial capital of the world. We spotted this disturbing stat today, that about 46 percent of New Yorkers make less than 150 percent of the official poverty threshold.

Under the federal standard, a family of two adults and two children was defined as poor in 2012 if it made less than $23,283, yielding a poverty rate of 20 percent in the city. Under the city’s definition, which takes into account benefits like food stamps and expenses like higher living costs, the income threshold was $31,039, resulting in a rate of 21.4 percent (Source)

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‘Our Mobile Monetization Is Growing Faster Than Our Mobile Traffic’

We spot statements like that very, very rarely. You can guess who said it – China’s Google, of course. With some 160 million daily active users of its core search application, Baidu is on a roll. We spotted this stat today, that the country’s total number of mobile Internet users rose to 500 million at the end of 2013 from 420 million at the end of 2012, according to a report in January by the government-established China Internet Network Information Center.(Source).

Baidu has been spending heavily on mobile monetization – primarily to migrate its desktop search advertising prowess to mobile devices such as tablets and smartphones.

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Middle Class Canadians Now Earn More Than Middle Class Americans

Well this is definitely news – for quite some time, the perception (and reality) has been that middle class Americans are better off than their Canadian counterparts – we spotted this stat today, that in reality, right now, the reality has turned 180 degrees – Middle class Canadians are now earning more than middle class Americans (Source)

“After-tax middle-class incomes in Canada — substantially behind in 2000 — now appear to be higher than in the United States. The poor in much of Europe earn more than poor Americans.” (Source)

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Low-Priced Home Sales Sink, But High-Priced Home Sales Rise

The great divide cannot be explained so efficiently in any other way – we spotted this stat today, that sales of homes under $100,000 fell nearly 18% from March 2013 and those in the $100,000-$250,000 range fell about 10%. But sales of homes over $1 million rose almost 8% (Source)

We had spotted quite a few stats in the past highlighting the great divide – Read The ‘Forbes 400? Worth More Than Half of All Americans Combined – but this one demonstrates the divide using something that everyone understands – home sales.

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Half of All Renters Spend More Than 30 Percent of Income on Housing

30 percent is a popular number in this domain – most financial advisors quote that as a golden rule – “Spend no more than 30 percent of your income on rent” – we spotted this stat today, that rising rental costs have ensured that many, many people no longer follow that rule – in fact, more than half of all renters in the US now spend more than 30 percent of their income on rent (Source).

Los Angeles takes the cake – renters spend 46.9 percent of their income on rent in LA. WOW.

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72% Of Greeks Need More Work To Make Ends Meet

We spotted a rather disturbing stat today, that things are not looking good for Greece as a country – some 72% Of Greeks Need More Work To Make Ends Meet (Source) – that puts the whole Greek recovery story in great trouble.

The numbers are based on part time Greek workers wanting to work more, but is definitely reflective of the sad reality of unemployment and underemployment in Greece.

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Twitter Stats: 44% of Twitter Accounts Have Never Sent a Tweet

Twitter has always had this issue of folks signing up but not using the product for quite some time now. We had spotted some very disturbing stats around this some time back – we spotted this stat today, that 44 percent of Twitter users have never sent a tweet (Source)

Tweets have also been tricky to monetize – Read Zero Percent: Twitter’s Referral Contribution To Black Friday Sales. Challenging times, these.

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Bitcoin: The Worst Investment In The World This Year

Well with a title like that, it is impossible not to spot this stat – we spotted this stat today, that in 2014 so far, BTC is down 38.3 percent against USD, and is probably the worst investment this year so far (Source) For instance, the FTSE 100 is only down 2.2 percent.

Our guess is that Mt. Gox has played a huge role in this confidence drop. After all, for quite some time, it was impossible to read anything on Bitcoin without a reference to Mt. Gox.

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