Lawrence Tai

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Global stocks shaken by bond market gyrations

SEOUL, South Korea (AP) — Global stocks fell on Tuesday and Wall Street was expected to open lower as investors worried about a slump across bond markets and a rise in the cost of crude oil.<p>KEEPING SCORE: Britain's FTSE 100 fell 1.6 percent to 6,917.17 and Germany's DAX sank 1.9 percent to …

Stock Markets

Labour's Gordon Brown calls for state investment to protect North Sea oil

The state must step in to protect North Sea oil, which has reached a tipping point where fields could be prematurely mothballed, according to former …

Warren Buffett: I don't have the investment opportunities I used to

Among the topics Buffett addressed was his current investing challenges and whether it was easier to invest 20 or 30 years ago.<p>In response, Buffett didn't say whether it was easier, but he said he now has a different investing problem: size.<p>"If we're going to buy 5% of a company," Buffett said, "to …

Investing

Nationwide: UK annual house price growth weakest since September 2013

Britain's housing market has been slowing since the middle of 2014, when regulators tightened mortgage lending rules<p>British house prices fell in February for the first time in five months, taking the annual rate of increase to its lowest since September 2013, figures from mortgage lender Nationwide …

Terrawatch: The wells will run dry

Oil is cheap. The price of crude has slumped nearly 50% since last summer and filling your car no longer breaks the bank: in the UK petrol prices are averaging £1.07 per litre. Falling prices are due in part to US shale oil flooding the market, combined with a slowdown in Chinese and EU economies, …

Oil

The Eiffel Tower has new wind turbines, and they're beautiful

The Eiffel Tower’s iron-clad frame turned slightly greener last week, with the installation of two new wind turbines along its lower deck. Perched some 400 feet above the ground, atop a ritzy, second-level restaurant, the slender turbines are part of a broader effort to make Paris’ most iconic …

Renewable Energy

$350 Million Might Not Be Enough to Save Las Vegas

Spending millions to revitalize a struggling portion of the city might seem like a good bet, but the current effort led by a billionaire CEO is facing major challenges.<p>LAS VEGAS—There's been a lot of hubbub about the effort tech whiz Tony Hsieh and his crack team of acolytes have put into …

Urban Design

Only In China: Why A Smog Documentary Sends Chinese Stocks Soaring To Trading Limit

When journalist Chai Jing released her documentary on China’s air pollution, she probably could not have dreamed that her message would resonate so widely while boosting the share prices of so many “environmentally friendly” companies.<p>On Monday, more than a dozen stocks in the fields of pollutant …

China

Evrythng partners with Gooee in LED internet of things push

Image copyright Image courtesy of Martin industry, Flickr Creative Commons.The internet-of-things identity management outfit Evrythng, which …

Internet of Things

Google reportedly has a new Chromebook Pixel coming 'soon'

A possible successor to the expensive Chrome OS laptop<p>The Chromebook Pixel, Google's ultra-premium laptop designed to showcase Chrome OS, may be getting an update over two years since the original model was announced. Renee Niemi, who runs Google's Android and Chrome programs for work and …

Google

Apple still relying on Samsung for iPhone 6s memory chips

People hoping that Apple will drop the Samsung albatross from around its neck for the forthcoming iPhone 6s may be disappointed.<p>According to a new report coming from the Asian supply chain, Samsung has come to an agreement with Apple to supply new 20nm LPDDR4 DRAM memory chips for the next …

North Sea oil has its worst year in over four decades

North Sea oil experienced an <i>annus horribilis</i> in 2014 with total oil revenues dropping to £24bn, leaving a deficit of some £5.5bn, thanks to falling …

Shell plans demise of Brent Delta platform

Anglo-Dutch group decommissioning former cornerstone of UK oil industry in North Sea now that output has dwindled<p>Shell is to start the process on Tuesday which will lead to the dismantling of a platform on the Brent oil field in the North Sea, closing a chapter in Britain’s post-war industrial …

Oil & Gas Industry

Piper Announces New Piper NV Home Monitoring System With Night Vision For $269

The home security industry once dominated by complicated, expensive systems is in for a rude awakening. Piper, Canary and Scout are all offering affordable options to keep an eye on your home’s safety, and Piper just announced a new system equipped with night vision called the Piper NV.<p>The Piper NV …

Home Security

CES 2015: A Life-Size Erector Set Robot Kit

Hey there, big guy<p>Kids these days, right? You've always been able to build some pretty impressive systems with Erector Sets, but this may be the best: a build-it-yourself robotic kit named Meccanoid G15 KS.<p>Meccanoid is about the size of a small child (it's designed for kids 10 and up) and looks …

Robotics

Apple laptops vulnerable to virus that 'can’t be removed'

A security flaw in Apple laptops could leave users vulnerable to infection by malicious software that hackers could use to steal data and which is virtually impossible to remove<p>A security expert has found a way to install malicious code on a tiny chip built into Apple laptops which would resist any …

The Sum Total Of Human Progress Over The Past 150 Years Is Revealed In These 2 Charts

The average human gets about 75 years of existence on earth.<p>That's about 3,900 weeks. Or 27,000 days. Or 648,000 hours.<p>We spend about a third of that time sleeping, a number that hasn't changed much across history.<p>What has changed is what we do with the remaining time.<p>As the following two charts …

Henry Blodget

Iran, Venezuela vow to 'neutralise' oil price problem

OPEC members Iran and Venezuela are reeling from a slide in the cost of crude to around $50 per barrel from $100 just six months ago, a precipitous fall that is straining their budgets.<p>Losses accelerated after the Organisation of Petroleum Exporting Countries cartel, of which Iran and Venezuela are …

Venezuela

15 years later, lessons from the failed AOL-Time Warner merger

The landscape of mergers and acquisitions is littered with business flops, some catastrophic, highly visible disasters that were often hugely hyped …

Time Warner

Official data points to loss of momentum in UK economy

Financial markets focused on the more downbeat indicators of construction and industrial production<p>Further evidence of a slowing British economy came on Friday as official figures showed a surprise drop in construction in November and falling industrial output as oil and gas output declined sharply.<p>…

Economics

Russia 'has deteriorated significantly' as Fitch cuts credit rating

Fitch has written a scathing assesment of Russia's economy after downgrading it to BBB<p>Fitch has downgraded Russia's credit rating and painted a horrific picture of a struggling economy rocked by a collapsing rouble, falling oil prices, high inflation and declining international reserves.<p>The ratings …

How LEDs Are Going To Replace Our Lights

Decades-old technology, now making streets brighter for less<p>In December, the Nobel Prize for physics went to the team behind a significant invention: the blue light-emitting diode (LED). While red and green LEDs have been around since the 1960s, figuring out how to make blue diodes bright enough …

Nobel Prize

Driverless cars to be tested in UK

Bristol, Coventry, Milton Keynes and Greenwich will host trials putting UK at forefront of automated vehicle technology<p>The future of motoring will accelerate into view this year in Bristol, Coventry, Milton Keynes and the London borough of Greenwich.<p>Driverless cars are to be tested in all those …

Autonomous Cars

Milky Way above Navajo sandstone in Arizona

Those who’ve been there say the drive to White Pocket – a swirling, twisted, multicolored landscape in northern Arizona – is an adventure in its own …

Astronomy

Department Of Defense Tests A Bullet That Can Steer

Precision on the smallest scale<p>Since the first gun appeared on a battlefield, bullets have dealt death in straight lines. As the shortest distance between two points, lines are great, but they mean enemies can hide behind walls or buildings and not get hit, a clearly undesirable prospect for anyone …

U.S. Dept. of Defense

Researchers put a number to our Internet addiction

Internet addiction may be a reality for more than 1 in 20 people worldwide, according to new research out of the University of Hong Kong and published in the journal <i>Cyberpsychology, Behavior, and Social Networking</i>.<p>Researchers analyzed data from nearly 90,000 people in 31 countries and found that …

Study: 420 Million People Around The World Are Addicted To The Internet

According to the study, which we first saw on Motherboard, researchers estimate that 6% of the world's population is addicted to the internet.<p>The world's population is roughly 7 billion people, so that makes for about 420 million people addicted to the internet.<p>Importantly, not everyone in the …

Psychology

Oversupply pushes iron ore prices lower

Oil isn’t the only commodity suffering a price slump.<p>Iron ore has also dropped and for the same reason – oversupply in a weak global economy.<p>Just this week prices are down another three percent to a more than five year low.<p>You can now buy iron ore for half what it cost at the start of the …

S&P doubts UK deficit target, says more tax revenue may be needed | Reuters

LONDON (Reuters) - Ratings agency Standard & Poor’s said on Friday Britain’s public borrowing was likely to be higher than the government had forecast and the country might need to find ways to raise more tax revenue to balance the books.<p>A London bus crosses the River Thames on London Bridge during …