A dive into the past of boxing, this article – originally published in 1980 – examines the life of the most powerful boxing promoter of the time, Bob Arum. In boxing, Arum was a forerunner of the pay-per-view industry. “I think, given the rate of inflation, that I’ll be able to charge—easily and comfortably—$20 per home. Let’s say we get 30 per cent—that’s a conservative figure—of the sets in use. At $20 a pop, that’s $60 million. Comsat takes its 20 per cent, leaving me $48 million.” Read full article here
Societal Issues
To curb drug deaths, communities turn to Reddit, texts and wastewater
With drug overdose deaths on the rise, authorities are attempting to curb the epidemic by tracking and sharing information in real time. In one unique effort, a nonprofit in New York City is using drug-testing equipment and stamping or marking habits of dealers to identify drug batches that may endanger users. Other approaches are also being used, such as monitoring drug-related chatter on Reddit and analyzing local wastewater for opioid and other drug levels. With the combination of these efforts, researchers hope to put a dent in the opioid crisis and reduce overdose deaths. Read full article here