The US has a very unequal distribution of wealth, with the top quintile of households holding almost as much as the bottom 90%. The bottom 50% of Americans have a negative net worth, and the top 1% control about 42% of the country's wealth. The US has more billionaires than any other country and is the most unequal developed country when it comes to wealth distribution.
The average American worker spends a majority of their work day staring at a computer screen. The first commercial computer was released in 1951; however, the world's first computer virus was not released until 1971. The first personal computer was not released until 1976. The first email was sent in 1971 and the first website was created in 1991.
Startups are risk-taking companies founded by passionate people with an entrepreneurial mindset. They are often driven by a mission or vision, and are funded by investors who believe in their potential. Successful startups can be greatly rewarding, but face many challenges along the way.
Black holes are areas of space where the gravitational pull is so strong that nothing, not even light, can escape. Despite their name, black holes are actually quite bright due to the matter and energy that gets pulled into them. The largest black hole ever discovered is called TON 618 and is about 66 times the mass of our sun. If you were to fall into a black hole, you would be stretched out like spaghetti due to the extreme gravitational force. There is a kind of black hole called a "micro black hole" that is only about the size of an atom.
The term "Silicon Valley" was first used in 1971 by journalist Don C. Hoefler. The Valley is home to some of the world's most important inventions in the field of electronics and computing, including the silicon transistor, the microprocessor, and the personal computer.
The article discusses various interesting facts about tech startups in Silicon Valley. The most notable fact is that 85% of them fail within the first five years. Other facts include the average age of startup founders, the average seed funding raised, and the average time to exit.
The article covers six interesting facts about technology, including that the average American checks their smartphone 46 times a day and that the first ever text message was sent in 1992.
Black holes are strange and powerful objects in the universe that are still not fully understood by scientists. They are incredibly dense, have a strong gravitational pull, and can be destructive. Some black holes are believed to power quasars, which are the most energetic objects in the universe.