Ypulse Essentials: 'Guitar Hero' Unplugged, Pets Get Kids Moving, Cookie Jar Goes Primetime

Guitar HeroFallen (Guitar) Hero (Activision pulls the plug on its “Guitar Hero” franchise, canceling the release of the sixth edition of the game. PSFK, via the Guardian, offers theories for why the billion-dollar franchise failed: selling out and lack of innovation. Also on the chopping block are DJ Hero and True Crime: Hong Kong. So, um, anyone up for a jam session on Rock Band?)  (Mashable) (PSFK) (Ars Technica)

- Kids who have a dog get more exercise than those who don’t. Perhaps the White House’s “Let’s Move” campaign to combat childhood obesity — which is now a year old — should consider building in a pet component) (TruthDive) (Ad Age, reg required)

- Cookie Jar Entertainment (goes primetime, announcing a slate of projects in development for tweens, teens, and young adults) (Hollywood Reporter)

- College students aren’t being challenged academically and are falling behind their peers in other countries. For when Gen Yers graduate and enter the workplace, Diversity Inc. dissolves a few myths about what they want as employees. Hint, yes, money matters!) (Salon)

- Target will have an exclusive (deluxe edition of Lady Gaga’s new album, Born This Way, out May 23. Those who pre-order get an immediate free download of the much anticipated title track) (Billboard)

- Nick Jr’s upcoming show ‘Olive the Ostrich’ (will be illustrated by UK students, thanks to a partnership with The Princes Foundation for Children & the Arts. In other “by kids, for kids” news, USA Today profiles a successful teen author whose self-published books are racing up the charts. Perhaps more publishers should consider crowdsourcing) (Kidscreen)

- Single for Valentine’s Day? (new app, Heartbroker, taps the power of your Facebook friends to find you the perfect match) (Social Times)

 
 

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Millennial News Feed

Quote of the Day: “I consider luxury items as something that is nice to have, but that I can also live without.”—Female, 23, FL

How has the recession made Millennials reject capitalism? According to a Harvard University survey, 51% of 18-29-year-olds say they do not support capitalism, but it may be that young voters are essentially frustrated by the “flaws of free markets.” When asked about socialism, only 33% said they were in support of the alternative system, making the analysis of the data complex. It is also unclear how the Millennials surveyed define capitalism, since the meaning has shifted throughout the years. According to one pollster, the term once meant freedom from totalitarian regimes, but is now blamed for the financial crisis. (Washington Post

Financial technology startups are narrowing their focus to keep Silicon Valley interested. It is no longer enough for a young company to disrupt the financial industry, they need to think niche to stand out from the competition. Financial start-up Pave targets consumers with a lack of credit history, like college students. Promise Financial provides loans specifically for weddings (which 74% of 18-33-year-olds say have become too expensive), and has partnered with over 100 wedding venues and vendors to offer loans when major purchases are being made. (Wall Street Journal

Luxury brands are looking towards the future by focusing in on Millennials. The generation has the potential to be the largest spending group in history, and by 2020 the oldest Millennials will be entering their peak earning years. To prepare, luxury brands are shifting to cater to the generation who values “über-luxe” travel over costly jewelry, shoes, and bags. Brands are turning to new influencers—from the Instagram-famous to video game characters— to form relationships with Millennials before they become the core luxury demographic. (WWD

GE has created an unexpected product to attract Millennial engineers: hot sauce. In partnership with thrillist and High River Sauces, the company has introduced the limited edition 10^32 Kelvin—named after the temperature that “scientists believe all matter ceases to exist.” The sauce combines the two hottest peppers in the world, and is made to get the attention of young applicants who may be more inclined to work for a “trendier” company. There is no doubt that hot sauce is a major trend: one market research firm predicts that by 2020 popular sauces will earn $632 million in new sales. (Fox News

An exclusive club called Magnises is “targeting Millennials and brands, wallets and insecurities.” We first told you about Magnises as a start-up targeting high earning Millennials, and since then it has branched out as a community-focused platform joining the ranks of WeLive and Soho House. Playing off Millennials’ struggle to form connections, the company wants to bring “the benefits of an online social network immediacy, convenience, interactivity—into the real world,” through member-only and sponsored events. They are expecting $5 million in revenue this year, with the  majority coming from brands. (Racked

Quote of the Day: “When shopping for a home, my must-have is an in-law suite.”—Male, 23, DE

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