Adam and James created a $56b company - now they are being blamed for starting a teen 'epidemic'

Fifteen years ago, two Stanford graduate students, Adam Bowen and James Monsees, presented their product design thesis on "the national future of smoking." In a video of the presentation, Bowen and Monsees are heard describing their interest in design for social change and pondering aloud if it was "possible to make a safe cigarette.""The industry is ripe for innovation," said Monsees at the time.

Today, Juul dominates the e-cigarette market with its devices, despite challenges from other big companies. In the three years after it launched in 2015, the company captured 70 per cent of the e-cigarette market, according to a Wells Fargo analysis of Nielsen sales data. The process delivers fewer harmful chemicals to smokers' lungs than conventional cigarettes, according to the Centers for Disease Control and Prevention, though e-cigarettes often contain higher concentrations of nicotine, an addictive chemical. Some people also use vaping devices to inhale THC, the psychoactive chemical in marijuana.

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Energy companies hike prices up by nine per cent | Sky News AustraliaBig energy companies have hiked their 'cheapest deals for families' up by nine per cent this year according to new data from the Energy Regulator.\n\nThe results show AGL, Energy Australia and Origin raised the prices of their cheapest deals between June and July between six and nine per cent. \n\nFamilies in Western Sydney and regional New South Wales will be hit the hardest after the Federal Government's power price re-regulation. \n\nImage: Getty Quadruple your prices then promote a 10% discount, yeah they think people are stooopid! Oh how wonderful ..I love not being able to pay power bills 😕😒🙄 Maybe the privatisation of energy wasn't in the best interest of Australian families...
Source: SkyNewsAust - 🏆 7. / 78 Read more »