› added 3 years ago

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TIL that Gift cards from Big Companies expire because of the accounting problem. Companies like Amazon, use accrual accounting. They enter the value of the Gift cards that are sold as Liabilities, specifically "Prepaid-Sales" Liability which affects their Revenue. Hence they have "Service Charge".

vGa8 TIL the vultures in Disney’s ‘The Jungle Book’ were originally meant to be voiced by The Beatles until John Lennon insisted they weren’t “going to sing for Mickey f—ing Mouse”. Still, Disney kept a lot of likeness to the band in the characters.
7r7rO TIL in Scandinavia the Kiruna to Narvik electrified railway carries iron ore down a steeply graded route. On the way down the trains generate large amounts of electricity by regenerative braking, which is sufficient to power the empty trains back up the track and pump excess energy into the grid.
OD5R TIL that by playing the Tool songs Wings for Marie, 10,000 Days, and Viginti Tres in synch with each other they become a single cohesive piece of music.
kO1Dg TIL in 1982, Universal Studios sued Nintendo on the grounds that Donkey Kong was an exact copy of Universal-alleged owned King Kong. The judge ruled that Universal acted in bad faith by threatening Nintendo’s licensees and it had no right over King Kong due to being in public domain.
mxdnp TIL the Hawthorne Effect is when an individual modifies their behavior because they are being observed. Somewhat like a placebo effect, the novelty of being a research subject and the increased attention could lead to behavior changes that result in false positive & inaccurate experiment conclusions